Calculate the future value of an ordinary annuity consisting of semi-annually payments of $1,400 for 5 years if the payments earn 9.40% compounded semi-annually for the first year and 10% compounded semi-annually for the last 4 years. should be rounded to the nearest cent. - your answer(s)

Q: Find the future value of an annuity due of 200$ each quarter for 4 1/2 years compounded at 8%,…

A: Solution

Q: Find the present value of an annuity of $5000 paid at the end of each 6-month period for 2 years if…

A: Solution

Q: PMT= $2,000, 2.00% compounded monthly for 4 years. The future value of the ordinary annuity is ?

A: From the given information, it is observed that the cash flow per period is $2000, interest rate is…

Q: A series of payments of $900 are being made at the end of each year for the next 8 years. What is…

A: Given Since money earn 9% compounded semi-annually. Series of payments of $900 for 8 years.

Q: Answer as indicated. Write your answers in a separate sheet of paper. 1. Find the future value of an…

A:

Q: A butcher shop knows that it mu"buy a new machine in 3 years. The machine costs $11,000. in order to…

A: Given formula  FV = PMT[ ( 1 + i )n - 1 i ] Where FV is the future value PMT = monthly payment  i is…

Q: 4) If your grandparent made a deposit of $100 the day you were born and another $100 every year on…

A:

Q: A payment of $2,500 is due in 2 years and $3,800 is due in 4 years. These two original payments are…

A:

Q: If $547.00 is deposited at the end of each year for 6 years into an ordinary annuity earning 5.47%…

A:

Q: Find the future value of an ordinary annuity of $100/month for 11 years at 3.5% / year compounded…

A: The future value of the annuity formula:              Future Value=P×(1+r)n-1r,    Here,…

Q: 3. (Future value of an ordinary annuity) What is the future value of each of the following streams…

A:

Q: Find the future value of an ordinary annuity of $800 paid at the end of each year for 5 years, if…

A:

Q: (Future value of an ordinary annuity) What is the future value of each of the following streams of…

A: Given: (A)$500 a year for 10 years compounded annually at 5 percent.            (B)$100 a year for 5…

Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…

A:

Q: Find the present value of the given annuity. 341 per month for 48  months at the rate of 3.6…

A: Present value of an annuity is given by the formula: PV=ar1-1(1+r)n where: a : Annuity.r : Interest…

Q: Find the future value of an ordinary annuity of $8000 paid quarterly for 3 years, if the interest…

A:

Q: Suppose you make 5 annual deposits into a savings account paying 4% compounded annually. Your first…

A: Step 1:We have to calculate the future value of the annual deposits. The formula for future…

Q: Mr.balmond deposit 5,000 pesos at the end of the month in a Dias bank in the city of mobile legends…

A: 5000 pesos at the rate of 5% compounded monthly use formula for compound interest p1+r100t where p…

Q: Find the present value of an annuity of $2000 per year at the end of each of 10 years after being…

A:

Q: $1000 is deposited at the end of each year for 5 years into an ordinary annuity earning 9.24%…

A:

Q: Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) 1…

A: Annuity is to calculated

Q: Find the future value of the following ordinary annuity. Payments are made and interest is…

A: Given, R=$1000, 7% interest compounded quarterly for 8 years

Q: nd the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: INTRODUCTION: The term PV is used to denote present value, which is the initial amount that a person…

Q: You decide to make monthly payments into a retirement fund earning 4.75% compounded monthly.  Note:…

A:

Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: Given: PMT=$400 per month, t=10 years and r=5%. To find: Present value PV of the annuity.

Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: calculate the present value .

Q: Find the present value of an ordinary annuity which has payments of $700 per year for 13 years at 5%…

A: Given that the payments of $700 per year for 13 years at 5% compounded annually.

Q: 7. Calculate the amount for an ordinary annuity with n payments of R ringgit at r%. R 10% compounded…

A: Given: The given data R r n 150 10%compounded quarterly 48 70  9%compounded monthly 60 800…

Q: An investment company offers a 6-year ordinary annuity with a guaranteed rate of 7.25% compounded…

A: We have given t=6 years  r=7.25%  compounded annuallyreceive amount  A=$8,000we know that…