d the current value to the nearest dollar on January 1 of an annuity which pays $2,000 every six months for five years. T

Find the accumulated value 32 years after the first payment is made of an annuity on which there are 6 payments of $200 each made at four-year intervals. The nominal interest rate convertible semiannually is 6%. Round your answer to two decimal places. 1499.73 X

Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $600 deposited quarterly at 6.1% for 9 years

Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $800 deposited semiannually at 6.6% for 10 years.

11. Suppose you have a balance of $5400 on your credit card, which charges an APR of 18%. If you want to pay off the balance in 18 months, how much should you pay each month? What is the total amount of interest you will end up paying? Assume that you charge no additional expenses to the card. 5400 012

Find the periodic payment which will amount to a sum of $9000 if an interest rate 8% is compounded annually at the end of 17 consecutive years. The periodic payment is $ (Round to the nearest cent.)

Give typing answer with explanation and conclusion

Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Payment Interval Present Periodic Interest Compounding Period Value Payment Rate $9300 $355 month 7% quarterly The term of the annuity is year(s) and month(s).

Find the future value of an annuity in 16 years if you deposit $110 at the end of each compounding period into an account paying 3.00% compounded quarterly. O $9146.90 $ 8993.34 O $ 2217.26 O $ 8445.74

The compounding periods and the payment periods are the same for an annuity and for an amortization. Determine the present value of the annuity that will pay the given periodic payments. (Round your final answer to two decimal places.) Periodic payments of $2400 annually for 13 years. The interest is 4% compounded annually.