Find the interest rate per period of an ordinary annuity having a regular payment of Php 10, 000 every 6 months for the next 5 years. The said annuity is currently valued at an amount of Php 100, 000.

Q: Find the present value of a perpetuity that pays $2,000 per year and the interest rate is 10%.

A: We are given following details : Annual cash flow in perpetuity = $2000 Interest rate = 10% We need…

Q: A company wants to have $20,000 at the beginning of each six month period for the next 4 1/2 years.…

A: Using excel PV function

Q: given the situation , choose the correct formula to solve the problem: find the future value of an…

A: Future value of annuity = P * [ (1+r)^n  - 1 ] /r  Where P = Annuity amount i.e. $5000 r = rate of…

Q: Find the present value of an annuity of $ 365.00 per month for 26 years at a rate of 3 1/4% interest…

A: Monthly payment (P) = $ 365 Period = 26 Years Number of monthly payments (n) = 26*12 = 312 Annual…

Q: After carefully exmaining your budget, you determine you can manage to set aside $350 per year. You…

A: Introduction: Future Value of Annuity Due: Future value: The value of an investment made today, with…

Q: What's the present value of a 4-year ordinary annuity of Php2,250 per year plus an additional…

A: Present Value = Future Value × PV Factor   Pv Factor = 1(1+r)n

Q: $11,000 is to be paid at the end of each year in a legal settlement. The payments end after 9 years.…

A:

Q: Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume…

A: Here, Withdrawal amount (PMT) is $200 per month Time Duration is 10 years Total time duration is :…

Q: Find the future value for the ordinary annuity with the given payment and interest rate. PMT =…

A: PMT = $2000 r = 1.1% per annum = 0.09167% per month n = 6 years = 72 months

Q: Please explain how to solve this problem using the Financial Calculator buttons. Or formula a 5-year…

A: Information Provided: Semiannual payments = $6000 Period of annuity = 5 years Interest rate = 11%…

Q: The value of the annuity is ​$______.

A: The worth of today’s dollar at a future date is the future value of the dollar. For example, the…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: The future value of the annuity is the future worth of a cash flow series at a certain rate of…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: An Annuity is a continuous flow of systematic timely cash flows made or received for a stipulated…

Q: Recently, More Money 4U offered an annuity that pays 6.9% compounded monthly. If $1,060 is deposited…

A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…

Q: You have a chance to buy an annuity that pays Php2,500 at the end of each year for 3 years. You…

A: An annuity is a type of security that pays periodic payments over a specified period of time. In…

Q: 1. Find the present value of an annuity of P33,000 payable at the end of each year if the first…

A: Given: Year Amount 1 0 2 0 3 P33,000 4 P33,000 5 P33,000 6 P33,000 7 P33,000 8…

Q: Find the amount of ordinary annuity if you save Php 150 every quarter for 6 years earning 9%…

A: Future Value of Ordinary Annuity refers to the concept which dictates the compounded value of a sum…

Q: Calculate the Present Value of a 23 year growing annuity considering the following information. The…

A: The present value of the growing annuity is calculated using following equationPresent value =…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. HINT…

A: The concept of time value of money will be used here to solve this question. As per the concept of…

Q: Answer the following question correctly refer to the given problem below and show your Complete…

A: A deferred annuity is a type of annuity that starts after a particular period of time and then…

Q: Find the periodic withdrawals PMT for the given annuity account. HINT [See Quick Example 4.] (Assume…

A: An annuity is an equal series of periodic payments at a predetermined rate of interest for a…

Q: Find the periodic withdrawals PMT for the given annuity account. HINT [See Quick Example 4.] (Assume…

A: The question gives the following information:

Q: a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Rate Time…

A: Future value The value of a financial asset at some time in the future is known as the future value…

Q: d the present value of a 4-year $60 annuity when the stated rate is 6%, compounded monthly. Make…

A: Present value of annuity is equivalent value of today considering the the time and interest of the…

Q: Use graphical approximation techniques or an equation solver to approximate the desired interest…

A: Annual Payment = p = $1000Time = t = 5 YearsFuture Value of Payment = fv = $5700.46

Q: the periodic paymer necessary tő accumu the given amount in an annuity account. (Assume…

A: We use PMT function in excel to calculate monthly payments

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: Here, Particulars Values Accumulated amount in an annuity account (FV)  $30,000.00 Present…

Q: Find the monthly payment that will yield the future value of $255,000 using an ordinary annuity at…

A: Here,FutureValue (FV) is $255,000Interest Rate (r) is 10.75%Time Period (n) is 42 yearsCompounding…

Q: Find the future value of an annuity due of $1,500 semiannually for six years at 7% annual interest…

A: FV  =  PV * [(1 + i)n - 1] / iFV  =  PV * FVIFA(i,n) where, FV  =  Future Value of AnnuityPV  =…

Q: Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…

A: A theory that helps to compute the present or future value of the cash flows is term as the TVM…

Q: Find the value of the annuity at the end of the indicated number of years. Assume that the interest…

A: Given details: Amount of deposit(m)=$100 r=4% t=6years

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. HINT…

A: Borrowers pay down a portion of the outstanding sum with interest and can so continue to borrow from…

Types of Insurance Contract

Insurance is a contract wherein an individual or entity gets financial protection from the insurance company for any damages or losses incurred. The individual or entity is called the insured, whereas the insurance company is called the insurer. The insured and the insurer enter a legal contract for a fixed term called the insurance term, and the contract is called an insurance policy.