PV=5 $700 per month for 10 years, if the account earns 3% per year and if there is to be $10,000 left in the annuity at the end of the 10 years Need Help?
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- Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $900 per month for 20 years, if the account earns 2% per year PV = $ Need Help? Read It Watch ItFind the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $2,100 per quarter for 15 years, if the account earns 4% per year PV = $ Need Help? Read It Watch ItFind the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $200 per month for 15 years, if the account earns 7% per year and if there is to be $10,000 left in the annuity at the end of the 15 years PV = $ Need Help? Read It Watch It
- Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) PV = $ $300 per month for 10 years, if the account earns 2% per year and if there is to be $10,000 left in the annuity at the end of the 10 years X Need Help? Read It Watch ItFind 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.) $200 is deposited monthly for 10 years at 6% per year in an account containing $9,000 at the start FV = $ 49150 Need Help? Read It Watch It Submit AnswerFind the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals Round your answer to the nearest cent.) $300 per month for 20 years, if the account earns 6% per year and if there is to be $10,000 left in the annuity at the end of the 20 years PV=5 Need Help? Pe ww
- 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.) $2,200 is deposited quarterly for 20 years at 3% per year FV = $ Need Help? Read It Watch It Submit AnswerFind the present value PV of the annuity account necessary to fund the withdrawal given. HINT [See Quick Example 3.] (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $2,800 per quarter for 10 years, if the account earns 6% per year PV = $ Need Help? Read ItFuture Value of an Annuity Find the future value of the following annuities. The first payment in these annuities is made at the end of Year 1, so they are ordinary annuities. Round your answers to the nearest cent. $800 per year for 10 years at 8%. $400 per year for 5 years at 4%. $800 per year for 5 years at 0%. Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due. $800 per year for 10 years at 8%. $400 per year for 5 years at 4%. $800 per year for 5 years at 0%.
- Find the periodic withdrawals PMT for the given annuity account. HINT [See Quick Example 4.] (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) PMT= $ $200,000 at 5%, paid out quarterly for 14 years X Need Help? Read ItFind the future value of an annuity due with an annual payment of $14,000 for three years at 4% annual interest using the simple interest formula. How much was invested? How much interest was earned? What is the future value of the annuity? $ (Round to the nearest cent as needed.) How much was invested? S How much interest was earned? S (Round to the nearest cent as needed.) ←Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $400 per month for 20 years, if the account earns 4% per year and if there is to be $10,000 left in the annuity at the end of the 20 years PV = $ _______
