In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. Find the required payment for the sinking fund

Find the future value of an annuity due with an annual payment of $9,000 for two years at 7.5% annual interest using the simple interest formula. Find the total amount invested. Find the interest. What is the future value of the annuity? (Round to the nearest cent as needed.)

Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $600 deposited quarterly at 6.8% for 10 years.

Find the future value of the following annuity due. Payments of $600 for 9 years at 5% compounded semiannually S&S (Round to the nearest cent as needed.)

In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. Find the amount of time needed for the sinking fund to reach the given accumulated amount. (Round your answer to two decimal places.) $295 monthly at 5.8% to accumulate $25,000.

Use the appropriate formula to find the value of the annuity. b. Find the interest.   Periodic Deposit Rate Time ​$30 at the end of each month 5% compounded monthly 10 years

Find the amount of the ordinary annuity based on the information given. R = $10,500, 8% interest compounded semiannually for 8 years The amount of the ordinary annuity is (Round to the nearest dollar as needed.)

Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $30,000 in a fund paying 5% per year, with monthly payments for 5 years, if the fund contains $10,000 at the start PMT = $

Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $600 deposited quarterly at 6.1% for 9 years

The compounding periods and the payment periods are the same for an annuity and for an amortization. Determine the present value of the annuity that will pay the given periodic payments. (Round your final answer to two decimal places.) Semimonthly payments of $45 for 15 months at a monthly interest rate of 1.8%.