Calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) 1. 2. 3. Show Transcribed Text 1. 2. Annuity Annual Rate Payment $4,700 | 6.0 % 7,700 8.0 % 6,700 10.0 % 3. Interest Compounded Quarterly Annually Semiannually Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Annuity Annual Payment Rate $5,700 8.0 % 10,700 11.0% Annually 4,700 10.0 % Semiannually Interest Compounded Quarterly Period Invested 5 years 6 years 9 years $ Period Invested 2 years 5 years 3 years Future Value of Annuity 172,892.28 Present Value of Annuity

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
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Calculate the future value of the following annuities, assuming each annuity payment is made at the end
of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s)
from the tables provided. Round your answers to 2 decimal places.)
1.
2.
3.
Annuity Annual
Payment Rate
$4,700 6.0 %
8.0 %
7,700
6,700 10.0 %
Show Transcribed Text
1.
2.
3.
Annuity Annual
Payment
Rate
Interest
Compounded
Quarterly
Annually
Semiannually
$ 5,700
Interest
Compounded
8.0 % Quarterly
10,700 11.0%
Annually
4,700 10.0 % Semiannually
Period
Invested
5 years
6 years
9 years
Calculate the present value of the following annuities, assuming each annuity payment is made at the end
of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s)
from the tables provided. Round your answers to 2 decimal places.)
$
Period
Invested
2 years
5 years
3 years
Future Value of
Annuity
172,892.28
Present Value of
Annuity
Transcribed Image Text:Calculate the future value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) 1. 2. 3. Annuity Annual Payment Rate $4,700 6.0 % 8.0 % 7,700 6,700 10.0 % Show Transcribed Text 1. 2. 3. Annuity Annual Payment Rate Interest Compounded Quarterly Annually Semiannually $ 5,700 Interest Compounded 8.0 % Quarterly 10,700 11.0% Annually 4,700 10.0 % Semiannually Period Invested 5 years 6 years 9 years Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) $ Period Invested 2 years 5 years 3 years Future Value of Annuity 172,892.28 Present Value of Annuity
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