Find the present value at outset of a level annuity of £1500 per year, payable annually in arrears for 15 years, deferred for 6 years, if the effective rate of interest is 9% per annum during the first 10 years and 8% per annum thereafter.
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- The effective rate of interest is 6% per annum. An annuity is payable annually in arrears for 25 years, where the first payment is £10,000 and the payments increase by £2,000 each year. i) Calculate the present value of this annuity. ii) Calculate the value of this annuity at the end of the payment stream.Find the future value of an annuity of $1500 paid at the end of each year for 10 years, if interest is earned at a rate of 7%, compounded annuallyFind the amount and present value of an ordinary annuity of P5,400 payable quarterly for 7 years if the rate of interest is 8% compounded quarterly.
- Find the present value of a 10 years annuity -immediate with annual payment of Ghs1200 at an effective rate of 6% per annum.Determine the present value of an ordinary annuity paid annually for 25 years if payments are 1.200$ per year for the first 7 years, 5.500$ for the following 8 years and 2.500$ in the final 10 years. Interest is j12 = 6% throughout the entire period.Find the future value of an ordinary annuity of $700 paid at the end of each year for 6 years, if interest is earned at a rate of 5%, compounded annual. What is the future value?
- Calculate the present value of an 8-year annuity that will be paid continuously on the assumption of an annual effective interest rate of 7.3%. The annuity's annual payout rate begins at £8,700 at the beginning of the first year and decreases uniformly to £5,450 by the end of the following year.What is the present value of an annuity of $6,000 to be received at the beginning of each of the next eight periods assuming an interest rate of 10%?Find the present value of an annuity of P2,500 for 22 years and 9 months at 12% compounded quarterly.
- Find the present value of an annuity-immediate which pays 1 at the end of each half-year for five years, if the rate of interest is 8% convertible semi-annually for the first three years and 7% convertible semi-annually for the last two years.What are the future value and present value of an annuity of 1300 payable monthly for 30 payments, with the first payment at the end of 19 months from the present time with interest at 12% compounded semiannually?The effective rate of interest is 6% per annum. Calculate the value at the start of the payment stream of an increasing annuity payable annually in advance for 18 years, starting at 500 in the first year and increasing by £500 each year. Give you answer to 2 decimal places.