An annuity pays $15 per year for 60 years. What is the future value of this annuity at the end of that 60years given that the discount rate is 7%?

Q: valued at $15000. What is

A: To find the annual interest rate for the annuity, we can use the present value formula for an…

Q: you have a 12-year annuity paying $496 quarterly in 10 years when interest is 6.65% compounded…

A: Number of annuity payments = Number of years * time period of Payment = Number of years * Quaterly…

Q: What amount is required to purchase an annuity that pays $7000 at the end of each quarter for the…

A: The term "annuity" refers to a contract created and offered by financial institutions with the goal…

Q: what is the future value of an ordinary annuity of 2,200 per year for 15 years compounded at 16…

A: To open the "FV function" window - MS-Excel --> Formulas --> Financials --> FV.

Q: Find the present value of an annuity of $ 365.00 per month for 26 years at a rate of 3 1/4% interest…

A: Monthly payment (P) = $ 365 Period = 26 Years Number of monthly payments (n) = 26*12 = 312 Annual…

Q: future value

A: Future value is the value of money or asset in the future. It is very important to investors and…

Q: A monthly perpetuity of $100 will start 6 months from today.  If the discount rate is 6% APR…

A: Interest rate = 6% p.a. compounding monthly I.e. 6/12 = 0.5% for one month Monthly payment amount =…

Q: What is the future value (in $) of an annuity of $4,634 for 15 years if the discount rate is 5.79…

A: Future value refers to the compounded value of the future cash flows for the given period of time…

Q: What is the value today of receiving $2,506.00 per year forever? Assume the first payment is made…

A: Present value refers to the discounted value of the future cash flows at the discounting rate for…

Q: What is the present value of an ordinary annuity of $1,600 per year for 6 years discounted back to…

A: In the given question we require to compute the present value of ordinary annuity. Annuity payment =…

Q: What is the present value of an annuity of $4000 received at the beginning of each year for the…

A: The present value of an annuity is an estimate of the present worth of future annuity payments based…

Q: An annuity due pays $17,250 every year for the next 6 years and earns a 7.34% annual return. How…

A: Annuity Due = a = $17,250Time = t = 6Interest Rate = r = 7.34%Type Payment = due = at the beginning

Q: What is the future value of a 7%, 5-year annuity that pays $300 at the beginning of each year?

A: Given: Rate: 7% Annuity =300      Number of years = 5

Q: If you want to be paid from a 15 year ordinary annuity with a guaranteed rate of 4.277% compounded…

A: Annual payment (C) = $10,000 Period (n) = 15 Years rate (r) = 0.04277 (i.e. 4.277%) Present value or…

Q: Annuity will pay $200 at the end of each of the next 10 years and $600 at the end of each of the…

A: The Present Value of Annuity (PVA) is a financial concept that calculates the current worth of a…

Q: What is the present value of a Annuity where the investor receives $10,000 every year for 10 years…

A: Annuity = a = $10,000Time = t = 10 yearsInterest rate = r = 4.5%

Q: What is the future value of a $590 annuity payment over four years if interest rates are 8 percent

A: An annuity refers to a series of cash flow that occurs on a periodic basis. Here $590 is occurring…

Q: hat is the present value of a perpetuity paying $1500 each year, if the effective annual interest…

A: A perpetuity is a series of uniform cash flows over an indefinite period of time.

Q: What is the present value of $200 per year, at a discount rate of 18.25 percent, if the first…

A: Annuity Amount is $200 Discount Rate (r) is 18.25% First Payment is received is 6 years from now…

Q: The present value of a 4-year annuity is $47,000. The first annual cash flow occurs one year from…

A: The discount rate is 4.8%The present value of the annuity table of discount rate 4.8%.PeriodAnnuity…

Q: What is the value today of $1,400 per year, at a discount rate of 10 percent, if the first payment…

A: First, we calculate the present value in year 5 of the annuity and then once again calculate the…

Q: Determine the present value of an annuity due of $5,000 per year for 15 years discounted back to the…

A: Using excel PV function

Q: A 5-year $100 ordinary annuity has an annual interest rate of 10%. What is its present value?

A: Present value of annuity is the equivalent value of all the cash flows which will be incurred at…

Q: You buy an annuity that will pay you $24,000 a year for 25 years.  What is the value of this annuity…

A: Present value of annuity = Annuity amount * PVA of $1

Q: An annuity pays $1000 at the end of each year for 4 years and then $2000 at the end of each year for…

A: Required :The discounted value of these cash flows.

Q: What is the price of a perpetuity that pays $50 annually and the required rate of return is 6%?

A: In this question we need to compute the price of a perpetuity.

Q: what is the value of this annuity five years from now? What is the value three years from now? What…

A: An annuity is a series of payments which starts from 1st period and can end at any period, annuity…

Q: What is the future value of a $50 annuity payment over 20 years if the interest rates are 6%?

A: In the present question we require to calculate the future value from the following details: Present…

Q: what is the value of the annuity today

A: We can determine the PV of annuity to year 3 and then discount it to year 0 using PV formula. r =…

Q: Find the future value at the end of Year 12 of an annuity that pays $7,500 per year for 12 years…

A: Using excel FV function

Q: You make annuity payments of $25,000 per year for the next 11 years. If you earn 6.67% return, how…

A: Annual Payment (P) = $25,000Number of years (n) = 11Rate of return (r) = 6.67% or 0.0667We need to…

Q: If you are expecting a settlement of $10000 at the end of each year for five years, how much this…

A: The question is based on the concept of calculation of present value of future annuity payment.…

Q: 5. Consider an annuity where you receive $1,000 payments at the end of each year for the next 20…

A: The present value is the present worth of the amount that will be paid or received at future.

Q: What’s the present valu

A: A perpetuity is a series of uniform cash flows over an indefinite period of time.

Q: You buy an annuity, which will pay you $22,000 a year for twenty years. The payments are paid on the…

A: To calculate the present value of the annuity we will use the below formula   Present value =…

Q: Given an interest rate of 8.5% compounded annually, what is the value of the annuity that pays…

A: Interest rate (r) = 0.085Annual payment (C) = $2,000Period (n) = 10 yearsValue of the annuity = ?The…

Q: A 20-year annuity of forty $7,000 semiannual payments will begin 9 years from now, with the first…

A: Here,

Q: What is the present value of a perpetuity of $17 per year growing at 2 percent per year with a…

A: Present Value:  The present value (PV) is the present sum of a series of fixed payments. The series…

Q: You purchased an annuity that will make payments of $31,000 every 5 years for the next 10 years. If…

A: We need to use present value formula below to calculate annuity worth today.Annuity worth today =…

Q: If you have a 13-year annuity paying $305 quarterly in 5 years when interest is 3.25% compounded…

A: Time Period = 13 Years  Monthly Payment made at beginning = $305 Payment started in 5 years…

Q: How much more is a perpetuity of $ 1000 worth than an anuity of the same amount for 25 years? Assume…

A: Information Provided: Perpetuity amount = $1000 Cash flow for 25 years = $1000 Interest rate = 15%…