Amount of Annuity: $26,000 Interest Rate: 12% Period of years: 12 Calculate the present value of the annuity assuming that is it a oridinary annuity and a annuity due.
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Consider the following case
Amount of
Interest Rate: 12%
Period of years: 12
Calculate the present value of the annuity assuming that is it a oridinary annuity and a annuity due.
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- Find the difference between the sums of an annuity due and an ordinary annuity for the following data. Periodic payment =P10,000 Payment interval = 1 year Term = 20 years Interest rate = 12% compounded quarterlyA 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?If the present value of an ordinary, 6- year annuity is $7,200 and interest rates are 7.5 percent, what's the present value of the same annuity due?
- The following terms of payment for an annuity are as follows:Periodic payment = P20,000Payment interval = 1 monthInterest rate = 18% compounded monthly Terms = 15 years1. Find the present worth paid of all the payments if it is paid at the end of each month. 2. Find the difference between the sums of an annuity due and an ordinary annuity on these payments. 3. Find the difference between the present values of an annuity due and an ordinary annuity based on these payments. Anwers. 1. P1,214,911.246 2. P271,687.35 3. P18,628.67A continuous 5-year annuity pays at the rate of e-0.01t-+0.5t dollars per annum at time t (0What is the difference between the sums of an annuity due and an ordinary annuity for the following data.-Periodic payment=10,000, Payment interval= 1 year, Terms= 20 years, interest rate = 12% compounded annually.Use the formula for the future value of an ordinary annuity to solve for n when A = $6,000, the monthly payment r = $550 and annual intrest r = 8.5%Calculate the present value of an annuity due given the following information: number of periods 3, interest rate of 6%, and a payment of $200.Suppose an annuity at 5% compounded semi-annually will pay $5000 at the end of each 6-month period for 7 years with the first payment deferred for 13 years.(a) What is the number of payment periods and the number of deferral periods?(b) What is the interest rate per period?(c) Find the present value of this annuity.Find the value of the ordinary annuity at the end of the indicated time period. The payment R, frequency of deposits m (which is the same as frequency compounding) annual interest rate r, and time t amount $800 monthly interest rate 5.5%6years what is the future value of the given annuCalculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Annuity Payment Annual Rate Interest Compounded Period Invested Future Value of Annuity 1. $3,100 8.0 % Semiannually 9 years $79,500.77 2. 6,100 10.0 % Quarterly 5 years 3. 5,100 12.0 % Annually 6 yearsFind the future value of the following ordinary annuity. Payments are made and interest is compounded as given. R = $500, 7% interest compounded quarterly for 8 years What is the future value of the ordinary annuity? $ (Round to the nearest dollar as needed.)SEE MORE QUESTIONS