Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) $ Amount of Deposit m Frequency n Rate r Time t $100 monthly 6% 8 yr
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A: Amount of deposit(m): $800 Frequency(n): annually Rate(r): 1% Time(t): 30 years
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A: Solution- Period Principle amount PV @ 5.7% Present value 1 1200 .94607 1135.284 2 1200…
Q: value of the given annu
A: The future value of the annuity can be calculated as follows :
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
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A: Monthly deposit = $250 Rate of interest = 4% /2 = 2% Time period = 30 years*2 = 60
Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…
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Find the value of the
$
Amount of Deposit m |
Frequency n |
Rate r |
Time t |
$100 | monthly | 6% | 8 yr |
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- Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.)$ Amount of Deposit m Frequency n Rate r Time t $900 annually 1% 25 yrFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) $ Amount of Deposit m $900 Frequency n annually Rate r 1% Time t 35 yrFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) Amount of Deposit Frequency Rate Time m n annually 1% 30 уг $800 Need Help? Read It %24
- Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) $ Need Help? Submit Answer Amount of Deposit m $100 Read It Frequency n Watch It monthly Rate r 6% Time t 7 yrFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) $ Need Help? Submit Answer Amount of Deposit m $1,250 Read It Frequency n quarterly Rate r 7% Time t 25 yrFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) $ Amount of Deposit Frequency Rate Time m t $150 semiannually 3% 30 yr
- Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.)$ Amount of Deposit m Frequency n Rate r Time t $250 semiannually 4% 30 yrFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) $ Need Help? Submit Answer Amount of Deposit m $250 Read It Frequency n semiannually Rate Time r t 3% 20 yrFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) Amount of Deposit Frequency Rate Time m $500 annually 1% 20 yr
- Find the value of the annuity at the end of the indicated number of years. ASsume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) $4 Amount of Deposie Frequency Rate Time m n $1,250 quarterly 7% 15 yr Need Help? Read ItFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposit. M=$350 N=annually R=5% T=24 Please round the answer to the nearest centFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposits. (Round your answer to the nearest cent.) 2$ Amount of Deposit Frequency Rate Time t $250 semiannually 2% 20 yr Need Help? Read It