A perpetuity will make a sequence of annual payments of 2800, 3000, 3200, ..., with the first payment coming a year from now. If the present value is 107728.89 dollars, what is the effective rate of interest?
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A perpetuity will make a sequence of annual payments of 2800, 3000, 3200, ..., with the first payment coming a year from now. If the present value is 107728.89 dollars, what is the effective rate of interest?
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityA perpetuity will pay $1000 per year, starting five years after the perpetuity is purchased. What is the future value (FV) of this perpetuity, given that the interest rate is 3%?A perpetuity will pay $800 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of this perpetuity on the date that it is purchased, given that the interest rate is 3%?
- A perpetuity will pay $1,000 per year, starting five years after the perpetuity is purchased. What is the future value (FV) of this perpetuity, given that the interest rate is 3%?A perpetuity will pay $900 per year, starting five years after the perpetuity is purchased. What is the present value (PV) of this perpetuity on the date that it is purchased, given that the interest rate is 11%?What is the present value of a perpetuity paying $1500 each year, if the effective annual interest rate is a constant 12.68% per year?
- What is the value of a 30-year annuity that pays $2500 a year? The annuity’s first payment will be received on year 11. Also, assume that the annual interest rate is 4 percent for years 1 through 10 and 5 percent hereafter.What is the present value of a perpetuity with payments starting one year from now. The first payment is $25,000. Assume a discount rate of 8%.What is the present value of a perpetuity consisting of equal payments of $66 every 3 months, where the first payment occurs 3 months from now, and the interest rate is 12% p.a.?
- Suppose payments will be made for 5 1 4 years at the end of each month from an ordinary annuity earning interest at the rate of 4.75%/year compounded monthly. If the present value of the annuity is $44,000, what should be the size of each payment from the annuity? (Round your answer to the nearest cent.)A certain annuity pays 80.00 at the end of every 3 months. If the present value of the annuity is 1,200.00 and the accumulated amount is 2,000.00, determine the nominal rate?Find the future value of the following ordinary annuities. Payments are made and interest is compounded as given. R = $9000, 5% interest compounded annually for 15 years What is the future value of the ordinary annuity? $ (Round to the nearest cent.)