Find the future value of an annuity due of $1,500 semiannually for six years at 7% annual interest compounded semiannually. What is the total investment? What is the interest? E Click the icon to view the Future Value of $1.00 Ordinary Annuity table. The future value is S. (Round to the nearest cent as needed.)

Use Table 12-2 to calculate the present value (in $) of the annuity due. (Enter a number. Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Nominal Interest Period (years) Rate (%) Compounded Present Value of the Annuity $300 every month (2 1/4) 6 monthly $ Need Help? Read It

Suppose the interest rate is 6.9 APR with monthly compounding. What is the present value of an annuity that pays $110 every three months for five ​years? ​(Note: Be careful not to round any intermediate steps less than six decimal​ places.) Question content area bottom Part 1 The present value of the annuity is ​$    enter your response here.  ​(Round to the nearest​ cent.)

K Find the payment made by the ordinary annuity with the given present value. $87,292; monthly payments for 20 years; interest rate is 3.7%, compounded monthly The payment is $ (Simplify your answer. Round to the nearest cent as needed.)

Use graphical approximation techniques or an equation solver to approximate the desired interest rate. A person makes annual payments of $1000 into an ordinary annuity. At the end of 5 years, the amount in the annuity is $5700.46. What annual nominal compounding rate has this annuity earned? Type the interest rate: % (Round to 2 decimal places.)

Solve by using formulas. (Round your answer to the nearest cent.) Ordinary Annuity AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Future Valueof the Annuity (in $) $5,000 every 6 months 9 9.0 semiannually $

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Use a calculator to evaluate an ordinary annuity formula 1 +4 nt - 1 A = m for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) $50; 5%; 8 yr A = $

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…