QUESTION 2 A perpetuity-immediate pays 100 per year. Immediately after the fifth payment, the perpetuity is exchanged for a 25-year annuity-immediate that wilt pay X at the end of the first year. Each subsequent annual payment will be B% greater than the preceding payment. The annual effective rate of interest is 8% Calculate X. a.74 6.64 d.94 6654

list 12 K Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $156.00 1 month 5 years 5% semi-annually 3 4 The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) 5 6

Question 4 What's the present value of a $830 annuity payment over six years if interest rates are 10 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Futre value

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Question 2 What is the future value of a $810 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.) Future Value?

Arun wants to have $625 at the end of every year for 25 years the bank pays 9% interest compounded annually Arun calculates at the present value of the ordinary annuity is $6139.11 what would be the present value of payments were to be received at the beginning of every period Rather than the end A $6139.11 B $6205.61 C $6691.63 D $6851.05