Find the present value (evaluated at the beginning of year 2006) of the perpetuity which pays $1,000 at the beginning of every year starting from year 2006, but provides no payment at the beginning of every leap year. Express your answer in terms of the effective rate of interest i.

What is the present value of an ordinary annuity that pays $1,000 per year for 4 years, assuming the annual discount rate is 7 percent?   a. $3,051.58   b. $762.90   c. $3,624.32   d. $3,738.32   e. $3,387.21

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 years

calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $3,000 every year 20 5 annually $

A lump sum S deposited into either fund X or fund Y will be exactly sufficient to provide a perpetuity of $100 per year with the first payment due at the end of one year. Fund X will earn interest at an effective annual rate of 10% for the first 30 years and 6% thereafter. Fund Y will earn interest at a level effective annual rate of j. In which of the following ranges is j?   someone help?

A perpetuity, starting January 1, 2015 pays 1 every January 1 in every common year and 2 on January 1 of every leap year. The interest rate on every common year is I and that of every leap year is j. Find the value of the perpetuity on January 1 2010.

Please dont answer in spreadsheet format, i wont understand Find the future value of the annuity due. 3) Payments of $2500 made at the beginning of each semiannual period for 15 years at 4% compounded semiannually

. Find the future value of the following ordinary annuity. Periodic Payment - 1775 Payment Interval - 1 month Term -11 years Interest Rate - 8% Conversion Period - semi- annually The future value is ​$ ______?

Find the discounted value of an ordinary simple perpetuity paying $2100 at the end of half-year, if interest is i365 = 19.97 %. Answer: 21031.55