Determine the periodic payments PMT on the given loan or mortgage. (Round your answer to the nearest cent.) $800,000 borrowed at 4% for 8 years, with quarterly payments PMT = $ 9) commonly found in retirement plans. (Assume end-of-month deposits and withdrawals and monthly compounding, and assume that the quoted rate of return continues indefinitely.) The following table shows the average returns for some of the largest mutual funds

Find the periodic withdrawals PMT for the given annuity account. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $300,000 at 8%, paid out monthly for 20 years, leaving $10,000 in the account after the 20 years PMT = $

Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $2,200 per month for 20 years, if the account earns 7% per year

Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $300 per month for 20 years, if the account earns 2% per year PV = $

Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $1,500 per quarter for 20 years, if the account earns 4% per year