Find the amount of the ordinary annuity based on the information given. R=$12,500, 8% interest compounded semiannually for 6 years The amount of the ordinary annuity is $ (Round to the nearest dollar as needed.)
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- Value of an Annuity Using the appropriate tables, solve each of the following. Required: 1. Beginning December 31, 2020, 5 equal withdrawals are to be made. Determine the equal annual withdrawals if 30,000 is invested at 10% interest compounded annually on December 31, 2019. 2. Ten payments of 3,000 are due at annual intervals beginning June 30, 2020. What amount will be accepted in cancellation of this series of payments on June 30, 2019, assuming a discount rate of 14% compounded annually? 3. Ten payments of 2,000 are due at annual intervals beginning December 31, 2019. What amount will be accepted in cancellation of this series of payments on January 1, 2019, assuming a discount rate of 12% compounded annually?Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $1600/semiannual period for 6 years at 3.5%/year compounded semiannuallyFind the amount of the ordinary annuity based on the information given. R=$10,500,5% interest compounded semiannually for 6 years The amount of the ordinary annuity is $ (Round to the nearest dollar as needed.)
- Find the amount of the ordinary annuity based on the information given. R = $10,500, 8% interest compounded semiannually for 8 years The amount of the ordinary annuity is (Round to the nearest dollar as needed.)Find the value of an ordinary annuity if payments are made in the amount of R and interest is compounded as given. R=16000 4.4% interest compounded quarterly for 15 years future value of annuity And the amount from contributions and the amount from interest.Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. 2) R = $7500, i = 6% interest compounded semiannually for 3 years Please show all workings step by step.
- Find the future value of the following ordinary annuity. Payments are made and interest is compounded as given. R = $500, 7% interest compounded quarterly for 8 years What is the future value of the ordinary annuity? $ (Round to the nearest dollar as needed.)Complete the ordinary annuity. Amount of payment = $12,100 Payment Payable = Semiannually Years = 9 Interest Rate = 6%Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $550 is deposited monthly for 13 years at 5% per year
- Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. 6) R = $100, i = 4% interest compounded annually for 10 yearsFind the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $500 is deposited monthly for 10 years at 4% per year in an account containing $5,000 at the startFind i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $3,200 are made for 99 years into an annuity that pays 7.5% compounded semiannually.