Calculate the future value of the following ordinary simple annuities. Round the answers to the nearest cent Term of Interest Periodic Payment Period Compounding Frequency Payment Annuity Rate 1. $1,725 Every 3 7 years 4.50% Quarterly months 2. $2,300 6 years 1.75% Monthly Every month 3. $3,075 5 years 5.25% Every 6 months Semi-annually Every year 8 years 5.50% Annually 4. $2,225 Future Value $0.00 $0.00 $0.00 $0.00

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: A key component of investment analysis, capital budgeting, and financial decision-making, present…

Q: $ EA Payment payable 2,000 Annually Amount of payment Years 3 Interest rate 6 % Value of annuity due

A: Future value of annuity:The future value of an annuity due refers to the total value that a series…

Q: Find the future value of the following ordinary annuity. Periodic Payment Interest Rate Payment…

A: Annual payment (A) = $1450 n = 14 years Interest rate = 2% semiannual conversion

Q: Compounding Frequency Periodic Payment Interval Nominal Rate Term Payment $150 1 month 6.5 10%…

A: Future Value: The future value is the amount that will be received at the end of a certain period.…

Q: Find the term of the ordinary annuity in years and months (from 0 to 11 months). Present Value…

A: Present value of annuity = $20000 Quarterly rent (Q) = $900 r = 4.7% per annum = 1.175% per quarter…

Q: Find the periodic payment needed to attain the future value of the annuity. Round your answer to the…

A: Future value is an estimate of future cash flows ​​that may be received at a future date, discounted…

Q: Determine the future value of the annuity due: Periodic Payment Nominal Compounding Payment ($)…

A: Payment = p = $750 Time = 6.5 * 2 = 13 semiannual Interest rate = (1 + (0.09 / 4))^(4 / 12) - 1 =…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: Since compounding will be done quarterly, the annual rate of interest is divided by 4 (i.e., 8%/4 =…

Q: Periodic Payment $250.00 Payment Interval 1 year Term 4 years Interest Rate . 10% Conversion Period…

A: Ordinary annuity is constant uniform payments that are paid at the end of period and present value…

Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…

A: Future value of annuity = $18500 Annual payment (A) = $770 Compounding period is quarterly. Hence,…

Q: Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest…

A: Calculation of annual interest rate with an ordinary annuity: Excel workings:

Q: Periodic Payment Interval Term Interest Rate Conversion Period Payment $1700 6 months 17 years 2%…

A: Future value of the ordinary annuity that are deposited at the end of period will includes the…

Q: Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term…

A: The objective of this question is to calculate the present value of an ordinary annuity. An ordinary…

Q: Find the present value of the following deferred annuity due. Periodic Made Payment Payment At:…

A: As per the given information: Periodic payment - $800Payment period - 3 monthsPeriod of deferment -…

Q: Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the…

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 the ordinary annuity.

A: We can determine the PV of ordinary annuity using the formula below:In the formula above, PMT =…

Q: Periodic Payment Find the present value of the following ordinary simple annuity Payment Interval…

A: An ordinary annuity is a series of recurring payments that are made at the end of a period, such as…

Q: me term of the following ordinary general annuity. State your answer in years and months (from 0 to…

A: Present Value of Ordinary Annuity refers to a concept that determines the value of cash flows at…