Find the accumulated value of an annuity-immediate which pays 1 at the end of each half-year for five years, if the rate of interest is 7% convertible semi-annually for the first two years, 9% convertible semi-annually for the next two years, and 8% convertible semi-annually for the last year.

Q: Two annuities - certain of 1 p.a. are each payable half-yearly for n years. The first payment under…

A: In Time Value of Money (TVM), annuities are a sequence of equal payments that are given or received…

Q: If $417.00 is deposited at the end of each year for 6 years into an ordinary annuity earning 4.08%…

A: Here, Yearly Deposit is $417.00 Time Period is 6 years Interest Rate is 4.08% Compounding Period is…

Q: Find the amount accumulated FV in the given annuity account.  $150 is deposited monthly for 19 years…

A: Future Value is the value of all future cash flows compounding at a prescribed rate of return, for a…

Q: The compounding periods and the payment periods are the same for an annuity and for an amortization.…

A: Present value of annuity:The present value of an annuity refers to the current worth of a series of…

Q: Use the ordinary annuity formula to determine the accumulated amount in the annuity.   ​$500…

A: A study that proves that the future worth of the money is lower than its current value due to…

Q: An investor decides to purchase a five-year annuity with an annual nominal interest rate of 12%%…

A: Present Value: Given a certain rate of return, It  is the current value of a future financial asset…

Q: Find the future value of an annuity in 12 years if you deposit $105 at the end of each compounding…

A: Annuity is referred as the instalment paid at the regular interval for a particular period. The…

Q: Find the future value of an annuity in 10 years if you deposit $125 at the end of each compounding…

A: An annuity is a type of agreement or a contract between an individual and an insurance company in…

Q: An annuity-pays 18,000 per year for five years. The annual interest rate is 6%. Find the present…

A: i) Determine the present value of the annuity using the Excel PV function with the following inputs:…

Q: Find the present value of an ordinary annuity with payments of 13687 every 6 months for 3 years at…

A: The present value of annuity can be calculated with the concept of time value of money

Q: In the following ordinary annuity, the interest is compounded with each payment, and the payment is…

A: In this we need to find out monthly payment required for sinking fund.

Q: Find the present value of an ordinary annuity with deposits of 23,958 every 6 months for 4 years at…

A: The formula to compute present value:

Q: Use the ordinary annuity formula shown to the right to determine the accumulated amount in the…

A: Principal amount = $60  Time period = 10 years  Interest rate = 5% Compounded = semi-annually

Q: 2. An annuity pays 200 at the end of each month for 10 years. Using an annual effective interest…

A: Present value:The present value is a financial term that shows the current value of a future…

Q: The compounding periods and the payment periods are the same for an annuity and for an amortization.…

A:

Q: A 5-year annuity has a series of payments 1, 2, 3, 2, 1 with the first payment made at time t = 0…

A: An annuity refers to a series of periodic payments made in exchange for a lump sum payment. It is…

Q: An annuity pays $1000 at the end of each year for 4 years and then $2000 at the end of each year for…

A: Required :The discounted value of these cash flows.

Q: An annuity pays 8 at the end of each year for five years, starting at the end of the 12th year.…

A: Given,  Payment made is $8 starting from the end of year 12th. Since payment is starting from the…

Q: In the following ordinary annuity, the interest is compounded with each payment, and the payment is…

A: To calculate the Required payment of sinking fund, PMT function in the excel can be used. PMT(rate,…

Q: Find the amount of the ordinary annuity based on the information given. R=$10,500, 8% interest…

A: Ordinary annuity: The Ordinary due refers to the annuity which is paid at the end of the each…

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

A: Annuity refers to a constant and fixed amount of payment over a period of time.   We can compute the…

Q: Use the appropriate formula to find how much you should deposit now at 7% interest, compounded…

A: Annual payment (C) = $1,250 Interest rate (r) = 0.07 period (n) = 15 Years Present value or amount…