Find the present value of $80,000 due in 3 years at the given rate of interest. (Use a 365-day year. Round your answer to the nearest cent.) 2%/year compounded monthly

Estimate the present value of an annuity if payments are $1000 monthly for 15 years and the account earns interest at the rate of 10%/yr compounded continuously. (Round your answer to two decimal places.)$

What is the value today of receiving $4, 500 at the end of each year for the next 6 years, assuming an interest rate of 9% compounded annually?

Find the monthly payment that will yield the future value of $255,000 using an ordinary annuity at 10.75% interest for 42 years. (Round the answer to the nearest cent.)

Find the periodic payment which will amount to a sum of $9000 if an interest rate 8% is compounded annually at the end of 17 consecutive years. The periodic payment is $ (Round to the nearest cent.)

You deposit $4000 in an account that pays 6% interest compounded semiannually. After 3 years, the interest rate is increased to 6.28% compounded quarterly. What will be the value of the account after a total of 6 years?

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 = $

You have taken out a 30-year loan of $55,000 with 6% interest (APR) compounded monthly and with monthly payments. Calculate the amount of your second principal payment. Round your final answer to one decimal place.

You deposit $6000 into an account earning 8.8% annual interest, compounded quarterly.  How many years will it take for this account to be worth $25,000?    Give your answer to the nearest tenth of a year.     Blank 1. Calculate the answer by read surrounding text. years

Calculate the future value (in dollars) of $1,150 deposited into an account earning an annual simple interest rate of 6% compounded daily after 3 years