Find i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $1,500 are made for 6 years into an annuity that pays 7.7% compounded semiannually. (Type an integer or a decimal.)
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- Find i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $1,500 are made for 11 years into an annuity that pays 6.8% compounded semiannually Type an integer or a decimal.)Find i (the rate period) and n (the number of periods) for the following annuity Monthly deposits of $265 are made for 7 years into an annuity that pays 6.5% compounded monthly i = (type integer or rounded to four decimal places as needed) n =Find i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $3,200 are made for 99 years into an annuity that pays 7.5% compounded semiannually.
- Find the difference between the sums of annuity due and ordinary annuity for the following data: Periodic payment = P 14,000; Term = 15 years; Interest rate = 10% compounded quarterly. P 63,992 O P 53,992 P 47,598 O P 37,598Find the amount accumulated FV in the given annuity account. HINT [See Quick Example 1 and Example 1.] (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $150 is deposited monthly for 15 years at 6% per year"The payments are made monthly and its compounding periods is quarterly." What kind of annuity is this? a. simple annuity b. general annuity
- 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 AnnuityCalculate 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 tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) 1. 2. 3. Annuity Payment $ 5,600 10,600 4,600 Annual Rate Interest Compounded Semiannually 9.0% 10.0% Quarterly 11.0% Annually Period Invested 3 years 2 years 5 years Present Value of AnnuityWhat is the difference between the sums of an annuity due and an ordinary annuity for the following data.-Periodic payment=10,000, Payment interval= 1 year, Terms= 20 years, interest rate = 12% compounded annually.
- Find i (the rate per period) and n (the number of periods) for the following annuity. Quarterly deposits of $500 are made for 6 years into an annuity that pays 7.5% compounded quarterly. Find i (the rate per period) and n (the number of periods) for the following annuity. Semiannual deposits of $3,100 are made for 15 years into an annuity that pays 5.9% compunded semiannually.16.Find i (the rate per period) and n (the number of periods) for the following annuity. Monthly deposits of $345 are made for 7 years into an annuity that pays 7% compounded monthly. i= n= I resubmit mi question, but the notes its complete...Find the difference between the sums of an annuity due and an ordinary annuity for the following data. Periodic payment =P10,000 Payment interval = 1 year Term = 20 years Interest rate = 12% compounded quarterly