Calculate the future value of an ordinary annuity where $360 is deposited and compounded quarterly at 5.2% for a duration of 35 years

Q: Find the future value of an annuity due with payments of $340 each year for 6 years at 3%,…

A: Annuity Payments = 340 Time Period = 6 years Interest Rate = 3% Annuity Due i.e. beginning of period…

Q: What is the present value of a deferred annuity with a deferral period of 17 years at 6.7%…

A: Monthly annuity payment (M) = $1250 Interest rate = 4.78% compounded semiannually n = 10 years = 120…

Q: Based on a 5% annual effective interest rate, find the present value of a 10-year annuity with level…

A: This is deferred annuity as the first payment is being done sometime later in the future (6th year).…

Q: Find the amount and present value of an annuity of 540 payable every end of the month at 7%…

A: Annuity payments are a series of regular payments that an investor makes into an investment account…

Q: Find the present value of an ordinary annuity with regular quarterly payments worth Php1,000 at 3%…

A: The question gives the following information:

Q: Find the present value of an ordinary annuity which has payments of $2000 per year for 16 years at…

A: Annual payment (C) = $2000 Period (n) = 16 years Interest rate (r) = 0.05 or 5% Present value = ?…

Q: The present value of an annuity is 16,950. Quarterly payments of 369 are made from 16,950 that is…

A: Present value of annuity (PV) = 16950 Quarterly payment (C) = 369 Annual interest rate = 4%…

Q: Find the future value of an annuity due

A: An Annuity is a series of payments of fixed amounts and at fixed intervals. These can be of two…

Q: Find the present value of ar prdinary annuity whose periodic payment of 15,000.00 is payable at th…

A: Present value of annuity is the equivalent value of annuity today considering the interest rate and…

Q: A payment of $500 is made at the end of each month for three years to a savings account. The…

A: Present value method is used to evaluate the different level of investment projects. With the help…

Q: A 15-year annuity pays $1,350 per month, and payments are made at the end of each month. If the…

A: The PV of the annuity is the present worth of the constant amount that has to paid or received in…

Q: Find the future value of an annuity due

A: Future value i.e. FV of an annuity due shows the worth of total amount of regular payments made at…

Q: Find the future value of an annuity of $1300 paid at the end of each year for 15 years, if interest…

A: Annuity is the payment of fixed amount at the end(ordinary) or beginning(due) of a financial period…

Q: Find the future amount and present value of the annuity of P270 payable every end of the month at 9%…

A: Present value considers the time value of money concept. It considers the discounting factor at…

Q: Find the value of an ordinary annuity with regular quarterly payments worth P1,000 at 3% annual…

A: Regular quarterly payments=  P1,000 Annual interest rate= 3% compounded quarterly= 0.03/4= 0.0075…

Q: Find the present value of an annuity

A: Present value of annuity represents the current value of the future payments for an annuity. There…

Q: find the present value and the amount of an annuity whose annual rent is $ 600, which is payable…

A: Calculation of the amount: FVOA= A × (1+r)n-1r Putting values on the above formula: FVOA =…

Q: Find the future value of an ordinary annuity of $300 paid quarterly for 8 years, if the interest…

A: Solution: Future value of annuity is the future value of a series of payments of equal amount at…

Q: The present value of a five-year annuity-immediate, with payments of $100 each six times per year,…

A: Present Value (PV)= $2093 Time (t)= 5 years Annuity Amount (A)= $100 (6 times a year)= $600 Rate of…

Q: Find the future value of an annuity of $1500 paid at the end of each year for 10 years, if interest…

A: Calculation of future value of annuity: Answer: Future value of annuity is $20,724.67

Q: The future value of an ordinary annuity of $1,000 each year for 10 years, deposited at 3 percent, is

A: Payment (PMT) = $ 1,000 Tenure (N) = 10 years Rate (R) = 3%

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 20-year annuity was purchased with $180,000 that had accumulated in an RRSP. The annuity provides…

A: Time Period = 20 Years Interest rate = 5% Present Value = $180,000

Q: Find the present value of a deferred annuity of ₱6399 every six months for 3 years that is deferred…

A: To calculate the present value of annuity we will use present value of annuity formula, since first…

Q: Determine the present value and total amount of an annuity with 6 payments of P120,000 each made at…

A: The interest is compounded quarterly at rate of 3.75%.

Q: Find the present value of an annuity of $5000 paid at the end of each 6-month period for 8 years if…

A: The below expression can be used to calculate the present value of all future payments:   Here, i…

Q: Find the future value of an ordinary annuity of $500 paid quarterly for 8 years, if the interest…

A: Annuity refers to series of equalized payments that are made either start or end of definite…

Q: Find the present value of an ordinary annuity of 2,000 pesos payable annually for 9 years if the…

A: PMT = 2,000 pesos NPER = 9 x 4  RATE = 5%/4 Formula used:

Q: What is the future value of an annuity of 15 deposits of $6407 at the end of each year with a…

A: Step1: Calculating the future value of annuity. We have,Future value of annuity = P [(1+r)n – 1] /…

Q: Calculate the present value of a P20,000 annuity paying yearly for eight years, with the first…

A: Annual payment (A) = P 20000 n = 8 years r = 5%

Q: Find the future value of an annuity due with payments of $380 each year for 8 years at 6%,…

A: future value of an annuity due is the equal payment made at the beginning of each period that will…

Q: A student will receive 3,000 at the beginning of each months for 4 years. What is the sum of this…

A: Annuities are referred to as the contracts that are issued as well as distributed by the financial…

Q: Find the future value of an annuity due of $100 each quarter for 2 1/2 years at 12% compounded…

A: Formula: FV = { P [ ( 1 + r )N - 1 ] / R } ( 1 + r ) P = Principal value R = Interest.

Q: Determine the present value of an annuity of $600 paid monthly for a period of 15 years at 4.50% APR…

A: To calculate the present value we will use the below formula   Present value = P*[1-(1+r)-n]/r Where…

Q: A certain annuity pays $108 at the end of every 3 months. If the present value of the annuity is…

A: Annuity means a set of a finite number of payments that are made in equal time intervals and the…

Q: An annuity that pays $950 at the end of each month for 18 years sells for $105,000 What was the…

A: Quarterly Compounded Nominal Interest Rate: Quarterly compounding outperforms semi-annual…

Q: Calculate the future value of an ordinary annuity consisting of monthly payments of $450 for five…

A: An ordinary annuity is an annuity where the periodic payment occurs at the end of the period.

Q: What are the future value and present value of an annuity of 1300 payable monthly for 30 payments,…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: Find the future value and the present value of an annuity of 3500 payable atbthe end of each month…

A: The future value of the annuity is the total value of all the payments which is occurred regularly…

Q: Determine the present and future value of an ordinary annuity for 80,000 pesos with 3% compounded…

A:

Q: Find the future value of an ordinary annuity of $2,000 paid quarterly for 2 years, if the interest…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Calculate the present value of the following annuities, assuming each annuity payment is made at the…

A: Net present value is defined as the discounted cash flow technique which applies to weight the items…

Q: In the following ordinary annuity, the interest is compounded with each payment, and the payment is…

A: The Future Value of the annuity is the total value of all the payments which is occurred regularly…

Q: A 13-year annuity pays $1,200 per month, and payments are made at the end of each month. The…

A: Present value of annuity is the present value of all the periodic stream of cash flow that occur in…

Q: Determine the present value of an ordinary annuity paid annually for 25 years if payments are 1.200$…

A: Ordinary Annuity is one of the two classification of annuities where first annuity transaction is…