Find the difference between the sums of an annuity due and an ordinary annuity for the following data. Periodic payment =P10,000 Payment interval = 1 year Term = 20 years Interest rate = 12% compounded quarterly

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.) Semimonthly payments of $45 for 15 months at a monthly interest rate of 1.8%.

Find the future value of the following ordinary annuity.   Periodic Payment Payment Interval Term Interest Rate Conversion Period ​$3440 1 year 4 years 12​% semi-annually

Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream.   Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value   10   ​? ​$0.00     ​$600.00   ​$2,386.09   18   ​? ​$13,278.73   ​$354.57   ​$0.00   40   ​? ​$0.00   ​$1,872.79   ​$40,000.00   60   ​? ​$266,564.09   ​$500.00   ​$0.00   Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value 10   nothing​% ​(Round to two decimal​ places.) ​$0.00     ​$600.00   ​$2,386.09   18   nothing​% ​ (Round to two decimal​ places.) ​$13,278.73     ​$354.57   ​$0.00   40   nothing​% ​(Round to two decimal​ places.) ​$0.00     ​$1,872.79   ​$40,000.00…

Use the formula for the future value of an ordinary annuity to solve for n when A = $6,000, the monthly payment r = $550 and annual intrest r = 8.5%

Give typing answer with explanation and conclusion

Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1. PV of $1. FVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) 1. 2. 3. Annuity Payment $ 5,600 10,600 4,600 Annual Rate Interest Compounded Semiannually 9.0% 10.0% Quarterly 11.0% Annually Period Invested 3 years 2 years 5 years Present Value of Annuity

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 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.) $500,000 at 5%, paid out monthly for 15 years PMT = $

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 6%, paid out monthly for 11 years