A continuously paying level annuity pays $70.00 each year for ten years. The force of interest is 11 + t Find the present value of this annuity. Round your answer to the nearest cent.
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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 annuityAn annuity in perpetuity with effective annual interest rate i > 0 has present value $1, 000. Find i if the annuity pays $52.50 at the end of every 6 month period, with the first payment at the end of the first year.Find 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 deposits. (Round your answer to the nearest cent.) $4 Amount of Deposie Frequency Rate Time m n $1,250 quarterly 7% 15 yr Need Help? Read It
- Find the future value of the given annuity (Round your answer to the nearest cent.) Ordinary annuity, $165 monthly payment, 8 and 1/8% interest, for eleven years.The amount (future value) of an ordinary annuity is given. Find the periodic payment. (Round your final answer to two decimal places.) A = $18,500, and the annuity earns 6% annual interest compounded monthly for 10 years.Find the future value of an annuity due of $650 semiannually for four years at 8% annual interest compounded semiannually. What is the total investment? What is the interest? E Click the icon to view the Future Value of $1.00 Ordinary Annuity table. The future value is $ 6228.82 . (Round to the nearest cent as needed.) The total investment was S and the earned interest was S (Round to the nearest cent as needed.)
- calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $3,000 every year 20 5 annually $Find the future value of an annuity due of $1,500 semiannually for six years at 7% annual interest compounded semiannually. What is the total investment? What is the interest? E Click the icon to view the Future Value of $1.00 Ordinary Annuity table. The future value is $. (Round to the nearest cent as needed.)Find the future value of an annuity due of $650 semiannually for four years at 8% annual interest compounded semiannually. What is the total investment? What is the interest? E Click the icon to view the Future Value of $1.00 Ordinary Annuity table. The future value is $. (Round to the nearest cent as needed.)
- Find the future value (FV) of the annuity due. (Round your answer to the nearest cent.) $165 monthly payment, 7% interest, 11 yearscalculate the future value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Future Valueof the Annuity $3,500 every 6 months 5 4 semiannually $Find the future value for the annuity due with the given rate. payments of $400 for 9 years at0.32% compounded annually. the future value of the annuity due is?