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 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.)

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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Similar questions

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.)
Find the present value of the following deferred annuity due. Periodic Made Payment Period of Deferment Payment At: Period $800 beginning 3 months 8 years Term 6 years Interest Rate 6% Conversion Period monthly The present value of the deferred annuity due is $. (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $600 deposited quarterly at 6.8% for 10 years.
Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $200 is deposited monthly for 10 years at 7% per year in an account containing $6,000 at the start
Use Table 12-1 to calculate the future value (in $) of the annuity due. (Round your answer to the nearest cent.) Nominal Annuity Payment Time Future Value Payment Frequency Interest Period (years) Rate (%) Compounded of the Annuity $800 every 6 months 12 10 semiannually $ %24
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)
Determine the amount of the ordinary annuity at the end of the given period. (Round your final answer to two decimal places.) $600 deposited quarterly at 6.1% for 9 years
Periodic Payment Find the present value of the following ordinary simple annuity. Payment Interval Conversion Term $75 1 month 19 years, 7 months Interest Rate 7.5% Period monthly
TABLE 13.2 Present value of an annuity of $1 ½% 8% 1% 0.9901 2% 0.9804 3% 0.9709 4% 0.9615 5% 0.9524 1.8594 6% 7% 0.9434 0.9346 0.9259 9% 10% 11% 12% 0.9174 0.9091 0.9009 0.8929 0.9950 1.9851 1.9704 1.9416 1.9135 1.8861 2.9702 2.9410 2.8839 2.8286 2.7751 2.7232 3.9505 3.9020 3.8077 3.7171 3.6299 3.5459 1.7591 1.7355 1.7125 1.6901 2.5313 2.4869 2.4437 2.4018 3.2397 3.1699 3.1024 3.0373 3.8897 3.7908 3.6959 3.6048 4.4859 4.3553 4.2305 4.1114 4.9259 4.8534 4.7134 4.5797 4.4518 1.8334 1.8080 1.7833 2.6730 2.6243 2.5771 3.4651 3.3872 3.3121 4.1002 3.9927 4.6229 5.2064 5.7466 4.3295 4.2124 5.8964 5.7955 5.6014 5.4172 5.2421 5.0757 4.9173 4.7665 6.8621 6.7282 6.4720 6.2303 6.0021 5.7864 5.5824 5.3893 5.0330 4.8684 7.8230 7.6517 7.3255 7.0197 6.7327 6.4632 6.2098 5.9713 8.7791 8.5660 8.1622 7.7861 7.4353 7.1078 6.8017 6.5152 6.2469 4.7122 4.5638 5.5348 5.3349 5.1461 4.9676 5.9952 5.7590 5.5370 5.3282 6.4177 6.1446 5.8892 5.6502 6.8052 7.1607 8.9826 8.5302 8.1109 7.7217 7.3601 7.0236 6.7101…
Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $170 deposited monthly for 20 years at 3% per year in an account containing $11,000 at the start Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $90,000 in a fund paying 6% per year, with monthly payments for 5 years
Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Payment Interval Present Periodic Interest Compounding Period Value Payment Rate $9300 $355 month 7% quarterly The term of the annuity is year(s) and month(s).
Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $2,200 is deposited quarterly for 20 years at 3% per year FV = $ Need Help? Read It Watch It Submit Answer

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