Kyla wants to have an annuity payment of $400, at the end of each six months. Use the appropriate formula to find how much she should deposit (in $) now at 6% interest, compounded semiannually, to yield this payment for 16 years. (Round your answer to the nearest cent.)

Jesse purchases a retirement annuity that will pay him $1,500 at the end of every six months for the first nine years and $600 at the end of every month for the next three years. The annuity earns interest at a rate of 3.5% compounded quarterly. a. What was the purchase price of the annuity? Round to the nearest cent b. How much interest did Jesse receive from the annuity?

Bill Jones plans to deposit $2100 at the end of every 6 months for the next 20 yeats into an annuity that pays 6%. What will be the value of Bill's annuity at maturity?

Vincent had to make payments of $1,125 every 6 months to settle a $23,000 loan that he received at 5.12% compounded semi-annually. a. How long did it take to settle the loan? years months Express the answer in years and months, rounded up to the next month

You would like to have $25,000 set aside for your child’s college fund in 12 years by making regular,semiannual deposits in an annuity that pays 6% compounded quarterly. How much should you deposit at the end of every four months? Round to the nearest cent.