annuity pays $5000 each year for 5 years starting today. It pays $6000 per year for year 7 to year 10. The interest rate are 4% for the first 5 years and 8% for years 6 to 10. What is the present value of these c

14. Determine the periodic payment for the following deferred annuity. The annuity is an ordinary annuity following the period of deferral. Deferral period 27 months Payment Interest interval rate (%) (months) 6.4 Compounding Term frequency (years) Quarterly 20 Present value (S) 50,000.00

Mr.Samuel wants to get $10 millions in the future by saving $4 millions from now. By data, bank with an interest rate of 21% per year. How many years is the money must be saved in a bank?

A bonus package pays an employee $500 at the end of the 1* year, $1,000 at the end of 2nd year, and $1,500 at the end of 3d year and so on, for the first 10 years of employment. What is the present worth at 5% interest?