What is the future value of a 7%, 5 year ordinary annuity that pays 300 each year? If this was an annuity due, what would its future value be?
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- What is the future of a 7%, 5-years ordinary annuity that pays $300 each year? If this were an annuity due, what would its future value be?What's the future value of a 5%, 5 year ordinary annuity that pays $800 each year? If this was an annuity due, what would its future value be?What's the future value of a 12%, 5-year ordinary annuity that pays $700 each year? If this was an annuity due, what would its future value be? Round your answers to the nearest cent.
- What is the present value of a perpetuity that pays $3,800 per year if the appropriate interest rate is 5%?What's the future value of a 5%, 5-year ordinary annuity that pays $100 each year? If this was an annuity due, what would its future value be? Do not round intermediate calculations. Round your answers to the nearest cent. Future Value of an Ordinary Annuity: $ Future Value of an Annuity Due: $What is the present value of an ordinary annuity of $1,000 per year for 9 years discounted back to the present at 10 percent? What would be the present value if it were an annuity due?
- A. What's the future value of a 10%, 5-year ordinary annuity that pays $100 each year? Round your answer to the nearest cent. B. If this was an annuity due, what would its future value be? Round your answer to the nearest cent.What is the present value of a perpetuity that pays 1,000 per year beginning 1 year from now if the appropriate interest rate is 5%?Why would you prefer to receive an annuity due for $10,000 per year for 10 yearsthan an otherwise similar ordinary annuity?
- What’s the present value of a perpetuity that pays $100 per year if the appropriate interest rate is 6%?What is the present value of perpetuity of $100 per year if the appropriate discount rate is 7 percent? If interest rates in general were to double and the appropriate discount rate rose to 14 percent, what would happen to the present value of the perpetuity?FUTURE VALUE: ANNUITY VERSUS ANNUITY DUE: What's the future value of a 5%, 5-year ordinary annuity that pays $800 each year? If this was an annuity due, what would its future value be?