What's the future value of a 3%, 5-year ordinary annuity that pays $300 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.

a. What is the present value of a 3-year annuity of $110 if the discount rate is 5%? (Do not round intermediate calculations. Round your answer to 2 decimal places.)     b. What is the present value of the annuity in (a) if you have to wait an additional year for the first payment? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Use a calculator to evaluate the present value of annuity formula. For the values of the variables m, r, and t (respectively). Assume n=12. (Round your answer to the nearest cent).  $50, 5%, 3 years.

Use graphical approximation techniques or an equation solver to approximate the desired interest rate. A person makes annual payments of $1000 into an ordinary annuity. At the end of 5 years, the amount in the annuity is $5700.46. What annual nominal compounding rate has this annuity earned? Type the interest rate: % (Round to 2 decimal places.)

If you put up $38,000 today in exchange for a 6.75 percent, 14-year annuity, what will the annual cash flow be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Suppose you are going to receive $14,500 per year for five years. The appropriate interest rate is 8 percent. a-1. What is the present value of the payments if they are in the form of an ordinary annuity? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. a-2. What is the present value of the payments if the payments are an annuity due? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b-1. Suppose you plan to invest the payments for five years. What is the future value if the payments are an ordinary annuity? Note: Do not round intermediate..

Needvexcel solution...

If you put up $51,000 today in exchange for a 6.25 percent, 15-year annuity, what will the annual cash flow be? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

What is the future value of a $890 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)

Use a calculator to evaluate an ordinary annuity formula 1 +4 nt - 1 A = m for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) $50; 5%; 8 yr A = $