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1. Determine the present value of the ordinary annuity:

1. Determine the present value of the ordinary annuity:

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Please please answer both questions.

I will really upvote.

Thanks in advanced.

1. Determine the present value of the ordinary annuity: Compounding Frequency Periodic Payment Interval Discount Rate Term Payment $2000 6 months 12.5 7.5% Semiannually years 2. Determine the future value (accurate to the cent) of the ordinary general annuity: Periodic Payment Payment Interval Compounding Frequency Term Nominal Rate $150 1 month 6.5 10% Quarterly years
Transcribed Image Text:1. Determine the present value of the ordinary annuity: Compounding Frequency Periodic Payment Interval Discount Rate Term Payment $2000 6 months 12.5 7.5% Semiannually years 2. Determine the future value (accurate to the cent) of the ordinary general annuity: Periodic Payment Payment Interval Compounding Frequency Term Nominal Rate $150 1 month 6.5 10% Quarterly years
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