What is the value of an ordinary annuity at the end of 10 years if $500 per quarter is deposited into an account earning 8% compounded quarterly?

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

A: Formula:

Q: What is the discounted value of payments of $38.00 made at the end of each year for 8 years if…

A: The time value of money is the foundational concept in finance which takes into account the effect…

Q: If you deposit $50,000 in an account that pays an annual interest rate of 10% compounded monthly,…

A: The objective of this question is to calculate the future value of an investment given the initial…

Q: Assume that you make quarterly payments of $ 575 into an annuity paying 6% interest compounded…

A: Variables in the question:PMT=$575 (quarterly payment)Rate=6% (compounded quarterly)N=12 years

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: How much interest is included in the future value of an ordinary simple annuity of $1,650 paid every…

A: The question can be solved as follows:

Q: n annuity pays $4152 per month, and payments are made at the end of each month. If the interest rate…

A: Present value of annuity can calculated by using Excel PV function.

Q: What is the future value of $1,200 placed in a saving account for four years if the account pays…

A: Investment = 1200 Quarterly Compounding Interest Rate = 6%/4 = 1.5% Time Period = 4 years × 4 = 16…

Q: The present value of an annuity is 16,950. Quarterly payments of 369 are made from 16,950 that is…

A: Present value of annuity (PV) = 16950 Quarterly payment (C) = 369 Annual interest rate = 4%…

Q: Assume that you make monthly payments of $ 750 into an ordinary annuity paying 4% compounded…

A: The time value of money concept will be used and applied here. Ordinary annuity means annuity or the…

Q: Assume that you make quarterly payments of $ 750 into an annuity paying 5% interest compounded…

A: Future value refers to an amount of the current asset at some future date. It is helpful in…

Q: Assume that you make quarterly payments of $ 475 into an annuity paying 3% interest compounded…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: An annuity with a cash value of ​$12,000 pays ​$2,050 at the beginning of every six months. The…

A: Annuity:  An annuity is the series of payments which is received or paid for a certain period of…

Q: Find the present value of an ordinary annuity which has payments of $1600 per year for 8 years at 9%…

A: The problem is asking us to find the present value of an ordinary annuity. An ordinary annuity is a…

Q: If $84,000 is invested in an annuity that earns 5.2%, compounded quarterly, what payments will it…

A: Investment (PV) = $84000 Interest rate = 5.2% Quarterly interest rate (r) = 5.2%/4 = 1.30% Period =…

Q: An annuity with a cash value of $9,800 pays $880 at the beginning of every three months. The…

A: a) No. of payment =12.08 or 13 b) size of final annuity payment = $880

Q: How much should you deposit at the end of each quarter into an account that pays 4.4% annual…

A: The principle refers to the amount you committed to repay at the outset. The expense of borrowing…

Q: What is the future value of $800 deposited each year for six years, compounded annually at 10…

A: RATE  10% NPER (n)  6 PMT 800

Q: Assume that you make quarterly payments of $ 750 into an annuity paying 9% interest compounded…

A: Quarterly payment = $750 Interest rate = 9% Quarterly rate = 0.09/4 = 2.25% Time =10 years Quarterly…

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

A: Future value: This is the amount of present value accumulated or compounded at a rate of interest…

Q: Annuities At the end of each quarter, $1000 isplaced into an account that pays 12%,…

A: The future value of ordinary annuity is the group of instalment payment of fixed amount at a certain…

Q: what uniform annual amount should be deposited each year in order to accumulate 1 million at the end…

A: All sorts of future cash flows in respect of adding interest on present value are known as future…

Q: If you have a 13-year annuity paying $209 quarterly beginning in 6 years when interest is 3.13%…

A: First payment takes place in the beginning of 6th year. The payments are made quarterly.

Q: Assume that you make quarterly payments of $ 400 into an annuity paying 6% interest compounded…

A: Future value of annuity formula is: Future value of annuity is calculated in excel with function…

Q: An annuity with a cash value of ​$12,000 pays ​$880 at the beginning of every three months. The…

A: Annuity refers to series of annual payment which is paid or received at start or ending of specific…

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: Assume that you make monthly payments of $ 475 into an ordinary annuity paying 8% compounded…

A: Future value of ordinary annuity formula is: Future value of ordinary annuity is calculated by…

Q: A student will receive 3,000 at the beginning of each months for 4 years. What is the sum of this…

A: Annuities are referred to as the contracts that are issued as well as distributed by the financial…

Q: uppose the amount of an ordinary annuity that consists of 10 yearly payments of 150$ , provided that…

A: An ordinary annuity is a series of equal payments made at the end of consecutive periods over a…

Q: How much must be deposited today into an account earning 3% interest annually to support an annual…

A: Information Provided: Interest rate = 3% Annual withdrawal = $1800

Q: Assume that you make monthly payments of $ 675 into an ordinary annuity paying 6% compounded…

A: The amount after 12 years can be calculated as future value of annuity

Q: alculate the rent of an annuity at 4% compounded semiannually if payments are made every half year…

A: To calculate the rent of an annuity we will use the below formula   Rent of an annuity =…

Q: What is the future value of $1,100 placed in a savings account for 4 years if the account pays 7%…

A: Following information is given in the question: Present value (Investment today) = $1100 Time period…

Q: If $87,000 is invested in an annuity that earns 5.6%, compounded quarterly, what payments will it…

A: The interest rate is 5.6%, compounded quarterly. Interest rate per quarter is (5.6% ÷ 4) = 1.4%. The…

Q: If you have a 13-year annuity paying $305 quarterly in 5 years when interest is 3.25% compounded…

A: Time Period = 13 Years  Monthly Payment made at beginning = $305 Payment started in 5 years…

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.