A 3-year annuity of six £5,000 semi-annual payments will begin 10 years from now, with the first payment coming 10.5 years from now. (Do not round your intermediate calculations. Round your final answer to 2 decimal places (e.g., 32.16).)      Required: a. If the discount rate is 10 per cent compounded monthly, what is the value of this annuity 5 years from now?       Value of annuity £        b. If the discount rate is 10 per cent compounded monthly, what is the value 3 years from now?        Value of annuity £            c. If the discount rate is 10 per cent compounded monthly, what is the current value of the annuity?      Value of annuity £

Q: Calculate the future value of an ordinary annuity consisting of annually payments of $1,500 for 6…

A: An ordinary annuity is that annuity in which payments are made at the end of each period.

Q: am. 136.

A: Let's solve each part of the problem:1. **Present Value of the Annuity:**  We can use the present…

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A: Information Provided: Future value = $260,000 Interest rate = 11% Period = 41 years

Q: What is the present value of a 6-year annuity of $2,250 per period in which payments come at the…

A: Present value refers to the current value of a future sum of money or cash flow, discounted at an…

Q: The following terms of payment for an annuity are as follows: Periodic payment = P20,000 Payment…

A: Periodic payment = 20,000 Interest Rate = 18%/12 = 1.5% per month N = 15 years i.e. 180 months…

Q: What is the future value of a $900 annuity payment over five years if interest rates are 8 percent?…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…

Q: What is the future value of the annuity stream, if the frequency of compounding is 2 times per year?

A: Future Value of Annuity: It refers to the future worth of the periodic payments made at the end of…

Q: dinary annuity that pays $1,000 at the end of each of the next 5 years if the interest rate is 15%.

A: Given information :

Q: The payment is $

A: Present value illustrates the current value of a sum of money that will be received or paid in the…

Q: What is the present value of an annuity that pays $58 per year for 13 years and an additional $1,000…

A: We can make use of the financial calculator to obtain the present value, PV. Inputs: I/Y = rate =…

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Q: Find the present value of the decreasing annuity necessary to fund a withdrawal of $100 per month…

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Q: of four $10,000 semi-annual payments will begin 5 years from now, with the first payment coming 5.5…

A: Value of annuity is the present value of annual payments to be received considering the interest…

Q: What’s the present value of a $900 annuity payment over five years if interest rates are 8 percent?…

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Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

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Q: a. What is the amount of the annuity purchase required if you wish to receive a fixed payment of…

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Q: 5. Suppose an annuity at 4% compounded semi-annually will pay $4000 at the end of each 6-month…

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Q: Find the future and present value of a 5 year GHC 1,000.00 annuity if the rate of interest is 12%…

A: FV of Ordinary Annuity= PMT[(1+i)n-1/i] = 1000[(1+0.12)5-1/ 0.12] = 1000[1.7623-1/0.12] =…

Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT =…

A: PMT = $2000 r = 1.1% per annum = 0.09167% per month n = 6 years = 72 months

Q: y is $5759.93. What annual nominal compounding rate has this annuity earned?

A: As per the given information: Annual payments into an ordinary annuity - $1,000 Amount of annuity at…

Q: The value of the annuity is ​$______.

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Q: Suppose you are going to receive $13,500 per year for five years. The appropriate interest rate is…

A: In an ordinary annuity, the cash flow occurs at the end of each period.Present value of ordinary…

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Q: 1. Consider an annuity that pays £100 at the end of each year for 9 years. The annual effective…

A: Step 1: Create a table that summarizes the present values of the payments as well as their…

Q: What is the future value of a $900 annuity payment over five years if interest rates are 8 percent?…

A: The accumulated value can be calculated as future value of annuity

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A: An annuity refers to a payment plan that provides periodic payments in exchange for a lump sum…

Q: Show Solution. Topic: Perpetuities 3. What is the present value of P746 perpetuity payable at the…

A: Perpetuity is a series of cash payments for unstipulated time but periodic payment begin on a…

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Q: Suppose an annuity at 5% compounded semi-annually will pay $5000 at the end of each 6-month period…

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Q: You are planning to make monthly deposits of £400 into a retirement account that pays 7 per cent…

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Q: Find the future value of the ordinary annuity. Interest is compounded annually. R=8000; i=0.07; n=15…

A: Future value of ordinary annuity = P x [(1 + i)^n - 1]i   where, P = Annuity amount i = rate of…

Q: Find the present value of the decreasing annuity necessary to fund a withdrawal of $1,500 per…

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Q: You are paid £3,500 annually for 8 years, with the first payment due in one year and the last…

A: Present value is the current worth of a future payment or stream of payments, taking into account…

Q: We receive 50 beginning of each month for a term of n-years. We wish to replace it with an annuity…

A: Annuity payments are the series of the uniform constant payments that are to be received at the end…

Q: Qnl. A series of payments of 700 Riyals is made at the end of each quarter in an account for 5…

A: When an individual or company is making series of payments for the particular period of time then,…

Q: The annually compounded discount rate is 6.5%. You are asked to calculate the present value of a…

A: To calculate the present value (PV) of an annuity, use the formula:PV = Where: PV = Present Value…

Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: Calculation of present value of annuity: Answer: Present value of annuity is $21,735.95

Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…

Q: An annuity with a cash value of $11,300 pays $950 at the beginning of every three months. The…

A: Given: Particulars Amount Cash value(PV) $11,300 Payment (PMT) $950 Interest rate 6%