Find the present value of an ordinary annuity with deposits of $24,297 every 6 months for 7 years at 6.8% compounded semiannually. What is the present value? $ (Round to the nearest cent as needed.)

Q: Find the present value of an annuity of $5000 paid at the end of each 6-month period for 2 years if…

A: Solution

Q: Find the present value of an ordinary annuity with deposits of $6,507 quarterly for 6 years at 4.4%…

A:

Q: e future value of an ordinary annuity of $100 paid at the end of each quarter for 2 years, if…

A: FV=C(1+r)n-1r×(1+r)C=$100  r= 6% = 0.06  n=2 years  compounded quarterly r=0.064  n=2×4=8

Q: Find the payment made by the ordinary annuity with the given present value. $231,156; quarterly…

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Q: You would like to have $6,000 in four years for a special vacation following graduation bymaking…

A: Future Value of an Ordinary Annuity FormulaThe future value ( FV ) of an ordinary annuity formula,…

Q: Find the future value of the following ordinary annuity. Payments are made and interest is…

A: R=$600 Interest compounded quarterly for 5 year

Q: Find the present value of an ordinary annuity with deposits of $10,910 quarterly for 9 years at 6.8%…

A:

Q: Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the…

A: find explanation below

Q: The price of a condominium is $146,000. The bank requires a 5% down payment and one point at the…

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Q: What is the present value?

A: We have to find the present value.

Q: Find the amount necessary to fund the given withdrawals. Monthly withdrawals of $550 for 7 years;…

A:

Q: it possible to rotate a polygon to form a cube? Explain.

A: 10-gon

Q: Find the present value of an annuity of $7000 paid at the end of each 6-month period for 6 years if…

A: Recall the formula for present value as follows. PV=P1-1+r-nr

Q: Find the present value of an ordinary annuity with deposits of $15,590 every 6 months for 3 years at…

A:

Q: Find the present value of an ordinary annuity with payments of $5440 quarterly for 5 years at 9.2%…

A: We want to find the present value of an ordinary annuity with payments of $5440 quarterly for 5…

Q: Find the present value (in dollars) of an annuity that pays $4,000 at the end of each 6-month period…

A: See solution below. Here we used some basic formula

Q: Find the present value of an annuity of $2000 per year at the end of each of 10 years after being…

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Q: Find the future value of the annuity due. Payments of $400 per quarter for 6 years at 5% compounded…

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Q: Find the present value of an annuity of $5000 paid at the end of each 6-month period for 2 years if…

A: Given :-  An annuity of $5000 paid at the end of each 6-month period for 2 years if the rate of…

Q: Find the present value of the ordinary annuity. $170/month for 15 years at 4%/year compounded…

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