After carefully exmaining your budget, you determine you can manage to set aside $350 per year. You set up an annuity due of $350 annually at 6% annual interest. How much will you have contributed after 22 years? What is the future value of the annuity after 22 years? How much interest will the annuity have earned? Click the icon to view the Future Value of $1.00 Ordinary Annuity table. Your contribution to the annuity will be S 7700.00 . (Round to the nearest cent as needed.) The future value of the annuity is S| (Round to the nearest cent as needed.)

Samuel wants to make regular annual payments of size P dollars into an annuity that pays interest of an annual rate of 0.25 or 25%. He wants to have 1.5 times the invested amount in the account after 5 years. A) Determine the size, P of the required annual payment. B) Create a table and do a step by step calculation to verify your answer in part A

please show the step by step solution. Do not skips steps. Explain your steps Please write on paper

What is the present value of a perpetuity that pays $50 annually and has an annual rate of return of 17%?   note: round and show your answer to the nearest dollar.

You are calculating the present value of $1,000 that you will receive five years from now.Which table will you use to obtain the present value factor to multiply to calculate thepresent value of that $1,000?a. Present Value of $1 tableb. Future Value of $1 tablec. Present Value of Ordinary Annuity of $1d. Future Value of Ordinary Annuity of $1

You buy an annuity that will pay you $24,000 annually for 25 years. The payments are paid on the first day of each year. What is the value of this annuity today if the discount rate is 8.5 percent? 241309 266498 258319 251409 245621 A O BO .C DO E O

Mick Mitchell wishes to have $120,000 in seven years. If he can earn annual interest of 12%, how much must he invest today? Click the icon to view Present Value of Ordinary Annuity of $1 table.) (Click the icon to view Future Value of Ordinary Annuity of S1 table.) (Click the icon to view Present Value of S1 table.) (Click the icon to view Future Value of S1 table.) OA. $265,320 В. $1,210 OC $54,240 OD. S111,960

Please assume an annuity due of $100,000 a year for 10 years.  Assuming a discount rate of 6%, please find the present value of that annuity due

Use the excel and follow the step Like you did last question and please use excel

If you start making $60 monthly contributions today and continue them for five years, what's their future value if the compounding rate is 10.25 percent APR? What is the present value of this annuity? Note: Do not round intermediate calculations and round your final answers to 2 decimal places.