Find the present value of an annuity with periodic payments of $2,000, for a period of 10 years at an interest rate of 6%, discounted semiannually
Q: In the following ordinary annuity, the interest is compounded with each payment, and the payment is…
A: Monthly deposit can be calculated using PMT function in excel. PMT(rate, nper, pv, [fv], [type])…
Q: Find the future value of an annuity due with payments of $340 each year for 6 years at 3%,…
A: Annuity Payments = 340 Time Period = 6 years Interest Rate = 3% Annuity Due i.e. beginning of period…
Q: If $417.00 is deposited at the end of each year for 6 years into an ordinary annuity earning 4.08%…
A: Here, Yearly Deposit is $417.00 Time Period is 6 years Interest Rate is 4.08% Compounding Period is…
Q: Find the present value of each ordinary annuity. Payments of $1400 are made semiannually for 8 years…
A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…
Q: Identify the following types of Annuity from the options ( A to D) given below : Payments of $ at…
A: An annuity is a series of equal payments and receipts lasting for some specific period. The annuity…
Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…
A: The PMT function or concept can be used to determine the periodic payments required to accumulate a…
Q: Based on a 5% annual effective interest rate, find the present value of a 10-year annuity with level…
A: This is deferred annuity as the first payment is being done sometime later in the future (6th year).…
Q: Find the amount and present value of an annuity of 540 payable every end of the month at 7%…
A: Annuity payments are a series of regular payments that an investor makes into an investment account…
Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Calculate the future value of an ordinary annuity of which periodic deposit is P7,000.00 at 8%…
A: Future value can be calculated using FV (rate, nper, pmt, [Pv], [type]) Rate The interest rate Nper…
Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…
A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…
Q: Find the present value of an ordinary annuity with regular quarterly payments worth Php1,000 at 3%…
A: The question gives the following information:
Q: An annuity offers a payment of $5000 at the beginning of every three months for twenty years.…
A: An annuity is a lump-sum payment that you will receive each year for the remainder of your life. An…
Q: Calculate the future value of the following annuities, assuming each annuity payment is made at the…
A:
Q: Calculate the future value of an ordinary annuity where $360 is deposited and compounded quarterly…
A: The ordinary annuity of the payments would be considered as payment made at the end of the year, and…
Q: Calculate the cumulative value of an annuity series that starts immediately and makes payments of 10…
A: This is an example of an annuity due that starts immediately. Given: Annuity payment "PMT" = 10000…
Q: Calculate the present value of the following annuities, assuming each annuity payment is made at the…
A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…
Q: An annuity-pays 18,000 per year for five years. The annual interest rate is 6%. Find the present…
A: i) Determine the present value of the annuity using the Excel PV function with the following inputs:…
Q: Find the present value of an ordinary annuity with payments of 13687 every 6 months for 3 years at…
A: The present value of annuity can be calculated with the concept of time value of money
Q: In the following ordinary annuity, the interest is compounded with each payment, and the payment is…
A: In this we need to find out monthly payment required for sinking fund.
Q: Find the future amount and present value of the annuity of P270 payable every end of the month at 9%…
A: Present value considers the time value of money concept. It considers the discounting factor at…
Q: Find the future value of the following annuity due. Payments of $900 for 2 years at 4% compounded…
A: Annuity Due Periodic Payment = 900 N = 2 Nominal Rate of return = 4% Compounding periods = 2
Q: Find the value of an ordinary annuity with regular quarterly payments worth P1,000 at 3% annual…
A: Regular quarterly payments= P1,000 Annual interest rate= 3% compounded quarterly= 0.03/4= 0.0075…
Q: Calculate the present value AND the future value of an annuity with a monthly cash flow of $100,…
A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…
Q: . Annuities Find the 8-year future value of an annuitywith a contribution of $100 at the end of each…
A: Future Value is the value of current investments at a certain future date at the assumed…
Q: The present value of a five-year annuity-immediate, with payments of $100 each six times per year,…
A: Present Value (PV)= $2093 Time (t)= 5 years Annuity Amount (A)= $100 (6 times a year)= $600 Rate of…
Q: Find the accumulated amount of the annuity. (Round your answer to the nearest cent.)
A: Ordinary Annuity: When the annuity payments are paid at the end of the period, such annuity payments…
Q: An annual annuity-immediate pays $2000 at the end of the first year. The last payment is at the end…
A: The present value is the present worth of the amount that will be paid or received at future.
Q: Find the value of an ordinary annuity with a regular payment of P1,000 at 5% compounded quarterly…
A: An ordinary annuity is a series of equal regular payments that are made at the end of consecutive…
Q: An annuity pays 8 at the end of each year for five years, starting at the end of the 12th year.…
A: Given, Payment made is $8 starting from the end of year 12th. Since payment is starting from the…
Q: Find the future value of the following annuity due. Payments of $600 for 9 years at 5% compounded…
A: To Find: Future Value
Q: Find the future value for the ordinary annuity with the given payment and interest rate PMT=$700;…
A: Future value of annuity = P * [ (1+r)^n - 1 ] /r Where, P = Periodic payment $700 r = rate of…
Q: Find the periodic payments PMT necessary to accomulate the given account in an annuity account.…
A: The annuity in which fixed amounts are paid at the end of each period is known as an ordinary…
Q: Find the future value of an ordinary annuity with a regular payment of Php1,000 at 5% compounded…
A: The future value is the amount that will be received at the end of a certain period. In simple…
Q: find the present value of a 2 year deffered annuity at 4% interest compounded quarterly with…
A: The question gives the following information:
Q: Find the amount and present value of an ordinary annuity of P5,400 payable quarterly for 7 years if…
A: Solution:- When an equal amount is paid each period, it is called ordinary annuity. So, we have,…
Q: Determine the present value of an annuity of $600 paid monthly for a period of 15 years at 4.50% APR…
A: To calculate the present value we will use the below formula Present value = P*[1-(1+r)-n]/r Where…
Q: What are the future value and present value of an annuity of 1300 payable monthly for 30 payments,…
A: The present value is the value of the sum received at time 0 or the current period. It is the value…
Q: Find the accumulated value of an annuity-immediate which pays 1 at the end of each half-year for…
A: Compounding is a technique which is used to compute the future value (FV) of present cashflows by…
Q: Determine the present and future value of an ordinary annuity for 80,000 pesos with 3% compounded…
A:
Q: Find the present value of an annuity of P2,500 for 22 years and 9 months at 12% compounded…
A: Quarterly payment (P) = P 2500 Period = 22 Years and 9 Months Number of quarterly payments (n) = 91…
Q: Find the present value of an annuity of P 30,000 payable annually for 10 years
A: Present Value of Annuity: It is the present worth of the future annual cash flow stream and is…
Q: Find the monthly payment that will yield a future value of $183,000 at 8 1⁄4 % interest for…
A: Future value refers to the value of inflows that is going to be receive in future on particular…
Q: Determine the present value of an ordinary annuity paid annually for 25 years if payments are 1.200$…
A: Ordinary Annuity is one of the two classification of annuities where first annuity transaction is…
Find the
Step by step
Solved in 2 steps
- Find 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 annuallyDetermine 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 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 present value of the ordinary annuity with annual payment of $400 made at the start of each year for 10 years. with an annual rate of 10%Find 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?In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period.Find the accumulated amount of the annuity. (Round your answer to the nearest cent.) $1000 monthly at 6.6% for 20 years.
- Find the future value of an ordinary annuity with a $260 monthly payment at 8 1/4% interest for 15 years.calculate the future value of an annual annuity of $5,000, beginning today and continuing for 10 years, assuming interest rate of 9%If $417.00 is deposited at the end of each year for 6 years into an ordinary annuity earning 4.08% interest compound semiannually, construct a balance sheet showing the interest earning during each year and the balance at the end of each year. Assume this annuity rounds the interest and balance to the nearest penny at the end of each year.
- Find the future value of the following ordinary annuity. periodic payment $95 payment interval 1 year term 5 years interest rate 11 % conversion period quarterlyCalculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. Annuity Payment Annual Rate Interest Compounded Period Invested 1. $3,000 7% Annually 6 years 2. 6,000 8 Semiannually 9 years 3. 5,000 12 Quarterly 5 yearsFind the present value of each ordinary annuity. Payments of $1400 are made semiannually for 8 years at 6% compounded semiannually.