Ethan deposits $750 at the end of every month for 3 years and 1 months in a retirement fund at 3.86% compounded quarterly. a. What type of annuity is this? o Ordinary simple annuity o Ordinary general annuity O Simple annuity due O General annuity due b. How many payments are there in this annuity?
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- Sean deposits $300 at the end of every month for 1 years and 6 months in a retirement fund at 4.04% compounded semi-annually. a. What type of annuity is this? O Ordinary simple annuity Ordinary general annuity O Simple annuity due O General annuity due b. How many payments are there in this annuity?Danielle receives $7,500 at the end of every quarter for 5 years for money that she loaned to a friend at 3.08% compounded quarterly. a. What type of annuity is this? a.Ordinary simple annuity b.Ordinary general annuity c.Simple annuity due d.General annuity due b. How many payments are there in this annuity? Round up to the next paymentMaria receives $4,500 at the end of every quarter for 6 years and 9 months for money that she loaned to a friend at 4.22% compounded quarterly. a. What type of annuity is this? Question 1 of 6 Ordinary simple annuity O Ordinary general annuity O Simple annuity due o General annuity due V
- Q1) Molly receives $3,700 from an investment at the beginning of every month for 2 years at 3.62% compounded semi-annually. What type of annuity is this? Q2) Jeffrey deposits $450 at the end of every quarter for 4 years and 6 months in a retirement fund at 5.30% compounded semi-annually. What type of annuity is this?Q3) How much should Shawn have in a savings account that is earning 3.75% compounded quarterly, if he plans to withdraw $2,250 from this account at the end of every quarter for 7 years?a) You deposit $135.29 monthly into an account paying 8.75% for 27 years. Find the future value of the annuity. Show your work in detail.Anika pays $305.20 for a car lease at the beginning of every month for 2 years and 8 months at 4.76% compounded monthly. a. What type of annuity is this? Ordinary simple annuity Ordinary general annuity Simple annuity due General annuity due b. How many payments are there in this annuity?
- Complete this ordinary annuity: (Round your answer to the nearest cent.) Amount of Payment Payment Payable Years Interest Rate Value of Annuity $700 Quarterly 5 8%Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $170 deposited monthly for 20 years at 3% per year in an account containing $11,000 at the start Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $90,000 in a fund paying 6% per year, with monthly payments for 5 yearsMatt will receive an annuity of $11,850.75 a year for nine years. The first payment is to be received six years from today. At a 4.34% discount rate, this annuity’s worth today is closest to A. $86,007.68. B. $80,158.41. C. $73,204.97. D. $70,160.02.
- An annuity in perpetuity with effective annual interest rate i > 0 has present value $1, 000. Find i if the annuity pays $52.50 at the end of every 6 month period, with the first payment at the the end of year. please hand written solution thankuAlejandra has an payout annuity that pays 66% annual interest compounded monthly. This is a 2020 year annuity and the beginning amount of the annuity is $10,000.00.What is the monthly amount the annuity pays?$ What is the total amount paid out by the payout annuity over the 2020 year period? $ What is the total amount of interes earned by the annuity ove the 2020 year period? $ Round all answers to the nearest cent. Do not enter dollar signs.Two annuity immediates in perpetuity have a present value of $5,000 and a common effective annual interest rate. The first annuity makes payments of X at the end of every 4 years while the second makes payment of $50 at the end of every two months. Find X.