5-6 FUTURE VALUE: ANNUITY VERSUS ANNUITY DUE. What's the future value of a 5%, 5-year ordinary annuity that pays $800 each year? If this was an annuity due, what would its future value be?
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- What is the future value of a 7%, 5 year ordinary annuity that pays 300 each year? If this was an annuity due, what would its future value be?FUTURE VALUE: ANNUITY VERSUS ANNUITY DUE: What's the future value of a 5%, 5-year ordinary annuity that pays $800 each year? If this was an annuity due, what would its future value be?What is the future of a 7%, 5-years ordinary annuity that pays $300 each year? If this were an annuity due, what would its future value be?
- What's the future value of a 5%, 5 year ordinary annuity that pays $800 each year? If this was an annuity due, what would its future value be?A. What's the future value of a 10%, 5-year ordinary annuity that pays $100 each year? Round your answer to the nearest cent. B. If this was an annuity due, what would its future value be? Round your answer to the nearest cent.What's the future value of a 12%, 5-year ordinary annuity that pays $700 each year? If this was an annuity due, what would its future value be? Round your answers to the nearest cent.
- Q.What is the present value of a perpetuity that will pay $450 per year with the first payment occurring at year eleven if the appropriate interest rate is 8.5%?What is the present value of an ordinary annuity of $1,000 per year for 9 years discounted back to the present at 10 percent? What would be the present value if it were an annuity due?5. How much would you pay today for a perpetuity of $ 1,000 per year if the prevailing interest rate is 5.25%?
- What is the present value of perpetuity of $100 per year if the appropriate discount rate is 7 percent? If interest rates in general were to double and the appropriate discount rate rose to 14 percent, what would happen to the present value of the perpetuity?value of a future payment change as the un to recelpt is lengthened? As the interest rate increases? What's the difference between an ordinary annuity and an annuity due? Why would you prefer to receive an annuity due for $10,000 per year for 10 years than an otherwise similar ordinary annuity? iii.What’s the present value of a perpetuity that pays $1,000 per year beginning1 year from now, if the appropriate interest rate is 5%? What would the valuebe if payments on the annuity began immediately? ($20,000, $21,000.Hint: Just add the $1,000 to be received immediately to the value of theannuity.)