Calculate the nominal rate for each of the following general ordinary annuities given the present or future value of the annuity Note Please make sure your final answer(s) are in percanta form and are accurate to 2 decimal places. For example 34 56% Payment interval Interest Compounding Present or Future frequency Periodic Term Rate value payments $800.00 Every quarter year 12 years, 6 months 0.00% ro00 00 Semi-annually PV = $30,946.62 Semi-annually FV = $70,943.40 FYAry guarter year 12 years, 3 months 0.00%
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- Question 8 Calculate the term, expressed in years and months, for each of the following ordinary general annuities given the present For full marks, your answer should be rounded to the appropriate whole month. Periodic Payment payment interval Term $100.00 3 months 0 years, 0 $500.00 Nominal interest Compounding rate frequency Semi-annually Quarterly months 3.25% 1 month 0 years, 0 months 6.75% Present or Future value FV = $3,128.47 PV = $20,996.91 future value of the annuity.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 6K Find the present value of the following perpetuity. Made At: end Perpetuity Payment $190 Payment Period 1 month Interest Rate 7.8% Conversion Period annually ETT The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
- Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $128.00 1 year 8 years 4% quarterly The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)Find the present value of the following ordinary simple annuity. Periodic Payment Interval 1 month Conversion Payment Term Interest Rate Period $764.00 8.25 years 5% monthly The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)Find the present value of the following perpetuity. Perpetuity Payment Payment Period Made Interest Conversion At: Rate Period $130 end 3 months 8.6% monthly The present value is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
- K Que Show Transcribed Text Que Que Determine the nominal annual rate of interest of the following ordinary general annuity. Que Present Value $4600 solve this question view how to solve this question from second image thankyou... Que The nominal annual rate of interest is % compounded quarterly (Round to two decimal places as needed.) BA II PLUS Solution Process Periodic Payment $59.94 280 The nominal annual rate of interest of an ordinary general annuity with a present value of $270, a periodic payment of $86, a payment interval of 1 year, a term of 4 years, and interest converted quarterly ("END" mode) Set P/Y=1, C/Y=4 The solution process, using the BA II PLUS financial calculator and rounding the answer to two decimal places, is given below. 4 270 CPT Payment Interval 1 month 86 CLR TVM FV PV Term PMT I/Y Ans: 10.06 8 years Conversion Period quarterlyEstimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following tal for an ordinary annuity stream: Number of Annual Annuity Present Value Payments or Years Future Value Interest Rate % (Round to two decimal places.) $0.00 $580.00 $2,273.24 % (Round to two decimal places.) $16,708.36 $464.77 $0.00 16 $0.00 $1,941.91 $37,000.00 40 % (Round to two decimal places.) $1,305,012.58 $500.00 $0.00 100 % (Round to two decimal places.)Periodic Payment Find the present value of the following ordinary simple annuity. Payment Interval Conversion Term $75 1 month 19 years, 7 months Interest Rate 7.5% Period monthly
- K For the following ordinary annuity, determine the size of the periodic payment. Present Future Value Value $16,800.00 Payment Period 3 months 18.25 years Term of Annuity Interest Rate 8.3% Conversion Period quarterly The periodic payment is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream: Number of Payments or Years 10 19 25 80 Annual Interest Rate % (Round to two decimal places.) % (Round to two decimal places.) % (Round to two decimal places.) % (Round to two decimal places.) Future Value $0.00 $12,286.30 $0.00 $1,435,078.21 C Annuity Present Value $580.00 $444.01 $1,985.57 $450.00 $2,298.49 $0.00 $37,000.00 $0.00< Determine the nominal annual rate of interest of the following ordinary general annuity. Periodic Payment $68 Present Value $1700 Payment Interval 3 months SCH The nominal annual rate of interest is (Round to two decimal places as needed.) Term 8 years % compounded semi-annually. Conversion Period semi-annually 4