What is the future value of an annuity of 15 deposits of $6407 at the end of each year with a nominal rate of interest of 5%, compounded continuously, in 21 years?

Q: What is the future value of a single $5,000 deposit earning 8 percent interest, compounded monthly,…

A: Formula:

Q: What is the present worth of a perpetual annuity of $2,000 each payable at the end of each year?…

A: Amount payable at the end of each year is $2,000 Interest rate is 10% compounded quaterly Quaterly…

Q: What is the present value of a deferred annuity with a deferral period of 17 years at 6.7%…

A: Monthly annuity payment (M) = $1250 Interest rate = 4.78% compounded semiannually n = 10 years = 120…

Q: future value and the present value of an annuity of 15,000 payable at the end of every three months…

A: Given information : Annuity  $    15,000.00 Total payments 30 First payment due 7 Interest…

Q: The future value is $

A: Future value of Ordinary Annuity = = payment per period * [(1 + Interest rate) n  - 1) /interest…

Q: What is the future value of an annuity of $2,000 invested at the end of each of the next six periods…

A:

Q: What is the future value of $3,100 in 17 years assuming an interest rate of 8.4 percent compounded…

A: Given,Present Value (PV) = $3,100Rate of Interest (r) = 8.4% or 0.084Time Period (t) = 17 yearsType…

Q: The future value of an anjuity at the end of ten years is 80000, the payments are made at the end of…

A: The future value of the annuity is the total value of all the payments which is occurred regularly…

Q: Find the present value of an ordinary annuity which has payments of $2000 per year for 16 years at…

A: Annual payment (C) = $2000 Period (n) = 16 years Interest rate (r) = 0.05 or 5% Present value = ?…

Q: What annuity is required over 13 years to equate with a future amount og 30,000? Asssume i= 7%…

A: We need to use future value of ordinary annuity formula given below to calculate annuity. FVA…

Q: Calculate the future value of an ordinary annuity where $360 is deposited and compounded quarterly…

A: The ordinary annuity of the payments would be considered as payment made at the end of the year, and…

Q: Calculate the cumulative value of an annuity series that starts immediately and makes payments of 10…

A: This is an example of an annuity due that starts immediately.  Given: Annuity payment "PMT" = 10000…

Q: Find the future value of an annuity of $1300 paid at the end of each year for 15 years, if interest…

A: Annuity is the payment of fixed amount at the end(ordinary) or beginning(due) of a financial period…

Q: Find the present value of an ordinary annuity with deposits of 23,958 every 6 months for 4 years at…

A: The formula to compute present value:

Q: Find the value of an ordinary annuity with regular quarterly payments worth P1,000 at 3% annual…

A: Regular quarterly payments=  P1,000 Annual interest rate= 3% compounded quarterly= 0.03/4= 0.0075…

Q: Find the future value of an annuity of P5,750 payable at the end of each quarter for 8 years if the…

A: Solution Annuity 5750 Period 8 years Number of annuity period =8*4 =32 Rate of…

Q: Find the present value of an annuity

A: Present value of annuity represents the current value of the future payments for an annuity. There…

Q: What is the present value of an ordinary annuity earning 8% interest compounded quarterly if a…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: Find the future value of an ordinary annuity of $300 paid quarterly for 8 years, if the interest…

A: Solution: Future value of annuity is the future value of a series of payments of equal amount at…

Q: The present value of a five-year annuity-immediate, with payments of $100 each six times per year,…

A: Present Value (PV)= $2093 Time (t)= 5 years Annuity Amount (A)= $100 (6 times a year)= $600 Rate of…

Q: What is the present value of an annuity of $6,000 to be received at the end of each of the next…

A: Present value: This is the amount of future value reduced or discounted at a rate of interest till…

Q: Find the future value of an annuity of $1400 paid at the end of each year for 15 years, if interest…

A: Time value of money :— According to this concept, value of money in present day is greater than the…

Q: At the end of five years, how much is an initial $500 deposit followed by five year-end, annual $100…

A: Future value is the value of the current assets or some amount that is invested today and amount…

Q: Find the future value of an annuity of $1500 paid at the end of each year for 10 years, if interest…

A: Calculation of future value of annuity: Answer: Future value of annuity is $20,724.67

Q: Find the present value of an annuity of $5000 paid at the end of each 6-month period for 8 years if…

A: The below expression can be used to calculate the present value of all future payments:   Here, i…

Q: Find the future value of an ordinary annuity of $500 paid quarterly for 8 years, if the interest…

A: Annuity refers to series of equalized payments that are made either start or end of definite…

Q: Find the present value of an ordinary annuity which has payments of $1000 per year for 12 years at…

A: The present value of an ordinary annuity is the present value of the same cash flows occurs at the…

Q: What is the present value of an annuity of P150,000 payable at the end of each 6-month period for 2…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: Find the amount and present value of an ordinary annuity of P5,400 payable quarterly for 7 years if…

A: Solution:- When an equal amount is paid each period, it is called ordinary annuity. So, we have,…

Q: What is the present value of $250 annual payments received at the end of each of the next five…

A: Discounting is a technique to compute the present value (PV) of a future amount by using the…

Q: Find the future value of an annuity due of $100 each quarter for 2 1/2 years at 12% compounded…

A: Formula: FV = { P [ ( 1 + r )N - 1 ] / R } ( 1 + r ) P = Principal value R = Interest.

Q: What is the present value of an annuity of $6,000 to be received at the beginning of each of the…

A: Present Value: Present value refers to the current value of future sum of money in lump sum or in…

Q: What is the future value of an annuity with monthly deposits of ₱175 for 11 years at an interest…

A: Since deposits are made at the end of the month, this will be an ordinary annuity. We need to keep…

Q: What are the future value and present value of an annuity of 1300 payable monthly for 30 payments,…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: What is the future value of general annuity of P48,000 per annum, for 5 years, at 15% interest…

A: Annual payment (P) = P48,000 Number  of annual payments (n) = 5 Years Interest rate (r) = 15% Number…

Q: The present value of an annuity of P5,000 payable at the end of each quarter for 9.5 years is…

A: The question is based on the concept of Financial Management. As per the Bartleby guidelines we are…

Q: Determine the value of an ordinary annuity if $290 is deposited each month into an account earning…

A: In order to find the future value of an annuity, one can use excel and use FV function to determine…

Q: What is the future value of $950 paid on the last day of each 6 months for 12 years assuming an…

A: The future value represents the amount which going to be received in the future. The formula used to…

Q: find the present value of annuity due of 7,000 payable at the beginning of each quarter for six…

A: given, A= 7000 N = 6 M=4 R=14%

Q: What is the accumulated amount of a 9-year annuity paying P 1,075at the end of each year, with…

A: Using Excel FV function

Q: What is the accumulated amount of a 9-year annuity paying ₱ 1,075at the end of each year, with…

A: Future value is defined as the current asset value at the date of future on the basis of an assumed…

Q: The annual amount of a series of payments to be made at the end of the next twelve years is P500.…

A: Answered:

Q: What is the accumulated sum of each of the following streams of ordinary annuity payments?   $35…

A: Time value of money: Time value of money refers to the concept that the value of money available at…

Q: Determine the present value of an ordinary annuity paid annually for 25 years if payments are 1.200$…

A: Ordinary Annuity is one of the two classification of annuities where first annuity transaction is…