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A: First payment = $ 1000 Next 5 payments = $ 1000 Growth rate in payments after 6 payments = 5.06%…
Q: present value of annuity of $10,000 at 5% for 5 years.
A:
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A: Answer 1. PMT = $5000 N = 5 I/Y = 6% FV = 0 CPT PV = $21,061.8
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A: To open the "PV function" window - MS-Excel --> Formulas --> Financials --> PV.
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A: The given problem relates to concept of annuity. An annuity is a series of uniform cash flows over a…
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A: In this question we need to compute the present value of the following annuity streams.
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A: The amount of annuity can be calculated using the future value of annuity formula.
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A: Note: Since you have asked multiple questions, we will solve the first question for you. If you want…
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A: Quarterly payment (P)= 440 Annual interest rate = 5.50% Quarterly interest rate (R) = 5.50%/4 =…
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A: The question gives the following information:
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A: Formula: FV = { P [ ( 1 + r )N - 1 ] / R } ( 1 + r ) P = Principal value R = Interest.
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Q: Find the amount and present value of an annuity of 440 payable every three months for 15 years and 3…
A: Quarterly payment = 440 Annual interest rate = 5.50% Quarterly interest rate = 5.50%/4 = 1.375%…
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A: An ordinary annuity is an annuity where the periodic payment occurs at the end of the period.
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A: “Since you have posted multiple questions, we will solve first question for you. If you want any…
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Q: Find the present value of an annuity of P2,500 for 22 years and 9 months at 12% compounded…
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Q: What is the present value of a 15 year annuity with the first payment of $45,000 (all payments are…
A: The present value of an ordinary annuity(payment due at end) can be calculated by using this…
- Find the amount and present value of an
annuity due of 125 every quarter for 9 years and 6 months, if money is worth 5% converted quarterly
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityFind the future value of an annuity of $1500 paid at the end of each year for 10 years, if interest is earned at a rate of 7%, compounded annuallyFind the future value of an ordinary annuity of $700 paid at the end of each year for 6 years, if interest is earned at a rate of 5%, compounded annual. What is the future value?
- Find the future value of an ordinary annuity of $80 paid at the end of each quarter for 5 years, if interest is earned at a rate of 3%, compounded quarterly. What is the future value?Determine the value of an ordinary annuity if $100 is deposited each month into an account earning 4.1% interest compounded monthly for 25 years.Find the amount and present value of an annuity of 440 payable every three months for 15 years and 3 months, if money is worth 5 ½%, m=4
- Find the future value of an annuity of 3,800 payable at the end of every 6 months for 10 years if money is worth 15% compounded quarterly. *Suppose that $500 is deposited at the end of every quarter for 6 years in an account that pays 8% compounded quarterly. What is the interest rate per period? Find the future value of the annuity.find the present value and the amount of an annuity of $25 payable monthly for 10 years if money worth 2.75% compounded monthly.
- Find the present value of an ordinary annuity with deposits of 23,958 every 6 months for 4 years at 8.8% compounded semi annually. What is the present valueFind the present value of the annuity that will pay $1,500 every 6 months for 9 years from an account paying interest at a rate of 8% compounded semiannually.Find the future value of an ordinary annuity with a $260 monthly payment at 8 1/4% interest for 15 years.