Find the future value of the following ordinary annuity. Periodic Payment - 1775 Payment Interval - 1 month Term -11 years Interest Rate - 8% Conversion Period - semi- annually The future value is $ ______?
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. Find the
Periodic Payment - 1775
Payment Interval - 1 month
Term -11 years
Interest Rate - 8%
Conversion Period - semi- annually
The future value is $ ______?
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- Find the future value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $3440 1 year 4 years 12% semi-annuallyFind the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Payment Interval Future Value Periodic Interest Rate Compounding Period Payment $20,500 S690 1 year 10.8% monthly The term of the annuity is year(s) and month(s).Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $2900 1 year 6 years 7% quarterly
- Find the future value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $1675 1 year 13 years 8% quarterlyGive typing answer with explanation and conclusion Determine the periodic payment for the following deferred annuity. The annuity is an ordinary annuity following the period of deferral. Deferral period Payment interval (months) Interest rate (%) Compounding frequency Term (years) Present value ($) 27 months 1 6.4 Quarterly 20 50,000.00Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.R = $1,000, i = 0.04, n = 13
- Find the value of the ordinary annuity at the end of the indicated time period. The payment R, frequency of deposits m (which is the same as frequency compounding) annual interest rate r, and time t amount $800 monthly interest rate 5.5%6years what is the future value of the given annuFind the present value of the following ordinary annuity. Payment Term Interest Interval Rate Periodic Payment $2600 3 months The present value is $? 6 years 4% Conversion Period monthlyEstimating 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 Annual Interest Rate Future Value Annuity Present Value 10 ? $0.00 $600.00 $2,386.09 18 ? $13,278.73 $354.57 $0.00 40 ? $0.00 $1,872.79 $40,000.00 60 ? $266,564.09 $500.00 $0.00 Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value 10 nothing% (Round to two decimal places.) $0.00 $600.00 $2,386.09 18 nothing% (Round to two decimal places.) $13,278.73 $354.57 $0.00 40 nothing% (Round to two decimal places.) $0.00 $1,872.79 $40,000.00…
- Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $1600/semiannual period for 6 years at 3.5%/year compounded semiannuallyFind the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposit. M=$200 N=semiannually R=8% T=25Find the future value of the following ordinary annuity. periodic payment $95 payment interval 1 year term 5 years interest rate 11 % conversion period quarterly