Find the future value of an annuity in 12 years if you deposit $105 at the end of each compounding period into an account paying 1.50% compounded semiannually. O $2749.79 O $5510.80 $496976.44 $2709.71

Q: If you make monthly payments of $488.00 into an ordinary annuity earning an annual interest rate of…

A: This pertains to the concept of time value of money. Amount deposited or paid periodically is an…

Q: Future Value of an Annuity Find the future value of these ordinary annuities.  Compunding occurs…

A: Future value of annuity = P x ((1+i)^n - 1)/i Annual Payment = $500Number of Payments = 8Interest…

Q: Find the future value of an ordinary annuity of ​$8,000 semiannually for eight years at 7​% annual…

A: Given  The periodic annuity payment is $8000 Term is 8 years Annual rate is 7% compounded semi…

Q: What is the present value of an annuity of 19 annual payments where the first payment is in twelve…

A: N = 19 First payment in twelve years Annuity Payment = 1200 Assumption: Interest Rate = 14%

Q: Find the present value of each ordinary annuity. Payments of $1400 are made semiannually for 8 years…

A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…

Q: Use the ordinary annuity formula to determine the accumulated amount in the annuity.   ​$500…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: An annuity makes semi-annual payments for 10 years. The first year the payments are 100 and each…

A: Solution- Step (1) Given that Amount of first payment =100 Numbers of year =10 Number of semi-annual…

Q: Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)…

A: Future value of the ordinary annuity (FV). FV= [P*(1+r/n)^nt -1] / (r/n)

Q: Find the least amount that could be deposited in a bank account today at 6% compounded semiannually…

A: Semiannual withdrawal (C) = $1,875Semiannual interest rate (r) = 0.03 (i.e. 0.06 / 2)Semiannual…

Q: The future value is $

A: Future value of Ordinary Annuity = = payment per period * [(1 + Interest rate) n  - 1) /interest…

Q: Find i​ (the rate per​ period) and n​ (the number of​ periods) for the following annuity. Semiannual…

A: In finding out the present value or future value of the annuity the compounding of interest and…

Q: future value

A: Future value is the value of money or asset in the future. It is very important to investors and…

Q: If you deposit $20,000 per year for 18 years (each deposit is made at the beginning of each year) in…

A:

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.)…

A: Present value of the ordinary annuity can be calculated by annuity amount multiply with Present…

Q: Find the future value of an annuity in 10 years if you deposit $125 at the end of each compounding…

A: An annuity is a type of agreement or a contract between an individual and an insurance company in…

Q: An annuity consists of 55 payments of $3480 at the end of each month. Interest is at j, = 12 %. Find…

A: The annuity refers to the regular payment or receipt that lasts over a period of time. The preset…

Q: ity

A: of the annuity has to be found out,  The payment is made in year 4 up to the 12th year, (9 times)…

Q: Principal Rate Mode of Payment Monthly Monthly Semi-annually Semi-annually Semi-annually Term 1.…

A: Future value of an annuity can be calculated using the FV Function in excel. Present value of an…

Q: Find the present value of an ordinary annuity with payments of 13687 every 6 months for 3 years at…

A: The present value of annuity can be calculated with the concept of time value of money

Q: Determine the present value of an annuity for 15 years if the interest rate is 8.8% per annum…

A: An annuity is a constant stream of cash flows. In this case the cash flow amount is $72.50 in each…

Q: Find the future amount and present value of the annuity of P270 payable every end of the month at 9%…

A: Present value considers the time value of money concept. It considers the discounting factor at…

Q: A 16-year annuity pays $1,900 per month, and payments are made at the end of each month. The…

A: The question is based on the concept of present value of future annuity payments . Annuity payments…

Q: Show Solution. Topic: Perpetuities 3. What is the present value of P746 perpetuity payable at the…

A: Perpetuity is a series of cash payments for unstipulated time but periodic payment begin on a…

Q: Lidia deposits $700 at the END of each year for 8 years in a savings account. The account pays 12%…

A: In finance, the term annuity represents a stream of cash flows that contain an equivalent periodic…

Q: An annuity pays $12 per year for 47 years. What is the future value (FV) of this annuity at the end…

A: Annuity paid per year = $12Discount rate = 7%Number of years = 47 years

Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…

A: Principal amount = $60  Time period = 10 years  Interest rate = 5% Compounded = semi-annually

Q: Sam Melendez deposits P625.00 into an annuity at the beginning of every quarter for 2.5 years. The…

A: Future value of annuity is calculated by compounding all the cash flows at a future date and. It…

Q: Lin Lowe plans to deposit $1,800 at the end of every 6 months for the next 15 years at 8% interest…

A: Calculation of future value annuity: Answer: Future value annuity is $100,952.89

Q: Find the future value of an ordinary annuity with a $260 monthly payment at 8 1/4% interest for 15…

A: Interest rate = 8 1/4% Interest rate = 8%+0.25% = 8.25% ------------------------------ Monthly…

Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…

A: Annuity refers to the amount that is received periodically based on the sum deposited. The deposited…

Q: What is the present value of an ordinary annuity with annual payments of $640 at 8% annual interest…

A: Generally interest and cash flows are discounted to present value and they decide whether it is…

Q: use the appropriate formula to find out how much you should deposit now at 8% interest compounded…

A: The deposit amount can be calculated as the present value of annuity due.

Q: An annuity pays $13 per year for 42 years. What is the future value (FV) of this annuity at the end…

A: In this question, we are required to determine the future value of annuity.

Q: Find the future value of the given annuity. (Round your answer to the nearest cent.) ordinary…

A: Here, Annuity (PMT) = $165 Annual Interest rate  = 7 1/8% = 7.125% Monthly interest rate (r) =…

Q: Find the future value of annuity due with a $150 monthly payment at 6 1⁄4 % interest after thirteen…

A: An annuity is a stream of cash flows that are regularly paid to an individual at regular intervals…

Q: if P20,879 is deposited each year for 8 years at an interest rate of 10.257% compounded bi-monthly,…

A: The concept of the time value of money states that the same amount of money is worth more today than…

Q: 2. An annuity pays 200 at the end of each month for 10 years. Using an annual effective interest…

A: Present value:The present value is a financial term that shows the current value of a future…

Q: ow Solution. Topic: General Annuity 5. Find the amount of an annuity of P999 paid at the beginning…

A: Since the interest rate is compounding semi-annually, we must find the cash flow that is equivalent…

Q: Calculate the future value of the annuity. SHOW YOUR WORK IN STEPS. Present Value Interest Rate…

A: In financial economics, future value refers to the estimated value of an investment at a specific…