Find the future value of the following ordinary simple annuity.PeriodicPaymentIntervalPaymentTerm3.25 yearsInterest Rate6%ConversionPeriodquarterly$791.001 quarterThe future value is S(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)

Quarterly payment (P) = $791 Period = 3.25 Years Quarterly periods (n) = 3.25*4 = 13 Interest rate =…

Find the future value of the following ordinary simple annuity. Periodic Payment $791.00 Payment Interval 1 quarter Term 3.25 years Interest Rate 6% Conversion Period quarterly The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)

Find the future value of the following ordinary simple annuity. Periodic Payment $791.00 Payment Interval 1 quarter Term 3.25 years Interest Rate 6% Conversion Period quarterly The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)

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

Problem 1PS

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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.) Annuity Payment Annual Rate Interest Compounded Period Invested Future Value of Annuity 1. $3,100 8.0 % Semiannually 9 years $79,500.77 2. 6,100 10.0 % Quarterly 5 years 3. 5,100 12.0 % Annually 6 years
Find the present value of the following ordinary simple annuity. Periodic Payment Interval 1 month Conversion Payment Term Interest Rate Period $764.00 8.25 years 5% monthly The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following tal for an ordinary annuity stream: Number of Annual Annuity Present Value Payments or Years Future Value Interest Rate % (Round to two decimal places.) $0.00 $580.00 $2,273.24 % (Round to two decimal places.) $16,708.36 $464.77 $0.00 16 $0.00 $1,941.91 $37,000.00 40 % (Round to two decimal places.) $1,305,012.58 $500.00 $0.00 100 % (Round to two decimal places.)
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 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 Annuity
Find the future value of the following ordinary annuity. periodic payment $133.00 Payment Interval 1 month Term 4 years Interest Rate 10% Conversion Period semi-annually The future value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
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, EVA of $1, and PVA of $1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) 1. Annuity Payment $ 3,700 Annual Rate Interest Period Compounded Invested Future Value of Annuity 7.0% Semiannually 9 years 2. 6,700 8.0% Quarterly 5 years 3. 5,700 12.0% Annually 6 years
K Find the present value of the following perpetuity. Made At: end Perpetuity Payment $190 Payment Period 1 month Interest Rate 7.8% Conversion Period annually ETT The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)
Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream: Number of Payments or Years 10 19 25 80 Annual Interest Rate % (Round to two decimal places.) % (Round to two decimal places.) % (Round to two decimal places.) % (Round to two decimal places.) Future Value $0.00 $12,286.30 $0.00 $1,435,078.21 C Annuity Present Value $580.00 $444.01 $1,985.57 $450.00 $2,298.49 $0.00 $37,000.00 $0.00
Find the present value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate Conversion Period $128.00 1 year 8 years 4% quarterly The present value is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Find the future value of the following ordinary annuity. Periodic Payment Interval Term Interest Rate Conversion Payment Period $1700 6 months 17 years 2% annually The future value is S (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream. Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value 10 ? $0.00 $600.00 $2,386.09 18 ? $13,278.73 $354.57 $0.00 40 ? $0.00 $1,872.79 $40,000.00 60 ? $266,564.09 $500.00 $0.00 Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value 10 nothing% (Round to two decimal places.) $0.00 $600.00 $2,386.09 18 nothing% (Round to two decimal places.) $13,278.73 $354.57 $0.00 40 nothing% (Round to two decimal places.) $0.00 $1,872.79 $40,000.00…
Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) amount of payment payment payable years interest rate value of annuity 12,700 semiannual 9 6%

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