Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. R = $1,000, i = 0.04, n = 13
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Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated.
R = $1,000, i = 0.04, n = 13
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- Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. R= $1,000, i- 0.04, n = 13 O $41.626.84 O $15,025.81 O 54002.58Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. 6) R = $100, i = 4% interest compounded annually for 10 yearsFor each of the following situations involving annuities, solve for the unknown (?). Assume that interest is compounded annually and that all annuity amounts are received at the end of each period. (i = interest rate, and n = number of years) Present Value Annuity Amount i n1. ? $ 3,000 8% 52. $ 242,980 75,000 ? 43. 161,214 20,000 9 ?4. 500,000 80,518 ? 85. 250,000 ? 10 4 Sandy Kupchack just graduated from State University with a bachelor’s degree in history. During her four years at the university, Sandy accumulated $12,000 in student loans. She asks for your help in determining the…
- Complete the ordinary annuity. (Please use the following provided Table.) Note: Do not round intermediate calculations. Amount of payment Payment payable Years Interest rate Value of annuity $ 5,000 Annually 11 4 %Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposit. M=$200 N=semiannually R=8% T=25Find the future value of the ordinary annuity. Interest is compounded annually, unless otherwise indicated. 2) R = $7500, i = 6% interest compounded semiannually for 3 years Please show all workings step by step.
- Find the value of the annuity at the end of the indicated number of years. Assume that the interest is compounded with the same frequency as the deposit. M= $200 N=annually R=9% T=20 Answer choices: A.) 10,232.02 B.) 133,577.37 C.)11,258.31 D.)11,610.43 E.)9,664.34For each of the following situations involving annuities, solve for the unknown. Assume that interest is compounded annually and that all annuity amounts are received at the end of each period. (i = interest rate, and n = number of years) (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Present Value Annuity Amount i = n = $3,000 75,000 20,000 80,518 1 2 3 4 5 242,980 161,214 500,000 250,000 8% 9% 10% 5 4 8 4Find the value of an ordinary annuity if payments are made in the amount of R and interest is compounded as given. R=16000 4.4% interest compounded quarterly for 15 years future value of annuity And the amount from contributions and the amount from interest.
- "The payments are made monthly and its compounding periods is quarterly." What kind of annuity is this? a. simple annuity b. general annuityFind 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.)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%