Future Value of an Annuity What is the future value of a $1,500 annuity payment over 8 years if the interest rates are 7 percent? Multiple Choice $15,389.70 $12,840.00 $2,577.28 О $13,384.21

Q: What is the PV of an ordinary annuity with 10 payments of $2,700 if the appropriate interest rate is…

A: Number of Payment = n = 10Payment = p = $2700Interest Rate = r = 5.5%

Q: An annuity pays $14 per year for 45 years. What is the future value (FV) of this annuity at the end…

A: > Given:> Rate of interest per annum = 9%> Amount of each deposit = 14> Number of years…

Q: Value of a retirement annuity Personal Finance Problem An insurance agent is trying to sell you an…

A: Present Value is the current price of future value which will be received in near future at some…

Q: Present Value of an Annuity What is the present value of a $1,600 annuity payment over 6 years if…

A: An annuity refers to a series of cash flows occurring at regular periodic intervals. Here the amount…

Q: What is the present value of a $300 annuity payment over 5 years if interest rates are 8 percent?

A: Details given are : Annual cashflow = $300 time period = 5 years Interest rate = 8% We require to…

Q: dinary annuity that pays $1,000 at the end of each of the next 5 years if the interest rate is 15%.

A: Given information :

Q: Assume that you contribute $160 per month to a retirement plan for 25 years. Then you are able to…

A: It has been provided: Required: Future value of multiple annuities?

Q: What is the present value of annuity of OMR 14000 for 8 years and discounting at 8% Select one: a.…

A: Annuity(P) = OMR 14000 Years(n) = 8 Discount rate(r) = 8%= 0.08 Therefore Present Value =…

Q: Please help me with 9-7 ??‍♀️

A: Excel Spreadsheet:

Q: Present Value of an Annuity-If the interest rate is 12%, how much would you have to put in the bank…

A: Interest rate = 12%Term = 5 YearsAnnual payment = $100

Q: Multiple Choice Question The difference between the present value of an ordinary annuity with…

A: Present value is an estimate of the present worthiness of future cash values that may be received at…

Q: s: Solve edch fhe follOwing Find the present value and the amount of Future value of the general…

A: Present Value/Future Value: It is  the current value of a future sum of money at a  specified rate…

Q: Find the present value of an annuity if the first monthly payment of P6,200 is made at the end of 4…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: Question: Compute the present value (PV) of an annuity that pays $320 forever if the opportunity…

A: In the given question we need to compute the present value of an annuity that pays $320 forever.

Q: What is the future value of a 6%, 5-year ordinary annuity that pays $350 each year? Do not round…

A: The future value of ordinary annuity is the group of instalment payment of fixed amount at a certain…

Q: What is the present value of a 3 year, $3,000 per year annuity at 3 percent? Select one: a. $8,590…

A: The present value of an annuity is the current value of a series of equal payments to be made or…

Q: & Ordinary annuity payment Fill in the missing annuity values in the following table for an ordinary…

A: Annuity is the regular payment made from an investment for particular period at a specific interest…

Q: Number of Annual Payments or Present Value Annuity Future Value Interest Rate Years 10 8% $324.85 ?…

A: A study that proves that the value of money today is higher than the future value of money is term…

Q: Find the Unknown Value   Future Value Present Value Payment Term Compound Interest Rate 1 5,800…

A: Annuity due explains a series of equal cash flows paid at regular time in the beginning. The first…

Q: What is the present value of a $500 ordinary annuity at an interest rate of 6% for 5 years? Select…

A: The present value of annuity refers to the current value of a series of future payments. The present…

Q: Find the future value for the constant growth annuity where the rate of growth is 0.75%, the…

A: Concept. FV = A [(1+r)n - (1+g)n ] ÷ ( r-g) Where ,  FV = future value  A = timely payment  r =…

Q: Number of Payments or Years 4 22 32 11 Annual Interest Rate 4 7% 11% 9% 8% Future Value $0.00…

A: Present Value of Annuity = Annuity  * (1 - (1 / (1 + Interest Rate)^time)) / Interest RateFuture…

Q: If you put up $30,000 today in exchange for a 6.50 percent, 15-year annuity, what will the annual…

A: A series of fixed payments that are paid or received at an equal time interval is term as the…

Q: ques 6

A: PV=Pr1−(1+r)−n​P annual payment = $4500r discount rate per period = 0.16n number of periods = 14yrs

Q: What is the present value of a $1160 per year annuity for five years at an interest rate of 12…

A: Annual payment (C) = $1,160Interest rate (r) = 0.12Period (n) = 5 yearsPresent value = ?Present…

Q: Present Value of an Annuity Due if the present value of an ordinary, 3-year annuity is $5,200 and…

A: Present value of Annuity is the future value of current cash flow or future value of the Annuity…

Q: What's the future value of a 10%, 5-year ordinary annuity that pays $100 each year? If this was an…

A: FV = PMT * [(1 + r)n - 1] / rwhere:FV is the future valuePMT is the payment amountr is the interest…

Q: Compute the present value (PV) of an annuity that pays $320 forever if the opportunity cost is 8 per…

A: Given details are : Annual cashflow = $320 Opportunity cost = 8% = 0.08 From above details we…

Q: Future value of an annuity: How much money would an investor have if they invested the $5,500 per…

A: Future value is an estimate of future cash flows ​​that may be received at a future date, discounted…

Q: Find the future value for the ordinary annuity with the PMT = $1,600; 1.35% compounded monthly for 6…

A: In order to find the future value be can use this formula as provided or can use excel. Future value…

Q: (Present value of an annuity) What is the present value of the following annuities? a. $2,400 a year…

A: Present value of annuity is calculated by discounting all the future cash flows at a given discount…

Q: What is the present value of a $1,340 per year annuity for five years at an interest rate of 12…

A: The interest rate represents the percentage of the principal amount either charged for borrowing or…

Q: Present Value of an Annuity Estimate the present value of an annuity if payments are $1300 monthly…

A: Annuity is when the payments are for fixed period of time and payments are made at uniform and…

Q: What's the present value of a perpetuity

A: The present value of perpetuity is determined by dividing the amount of regular cash flow by the…

Q: 5. What is the amount of each annuity payment if a 5-year ordinary annuity has a future value of Php…

A: The ordinary annuity would be providing the valuation of income added at the end of each year to get…

Q: Number of Annual Present Value Annuity Future Value Payments or Interest Rate Years 6. 10% $301.36…

A: Future value is the value of the present cash flows after certain period. Due to interest that can…

Q: What is the present value of an annuity that pays $58 per year for 13 years and an additional $1,000…

A: PMT = 58 Period = 13 years  Nominal rate of interest = 7.23% Additional amount = 1000

Q: What is the future value of a $500 ordinary annuity at an interest rate of 6% for 5 years? Select…

A: We need to use future value of ordinary annuity(payment due at end) formula for solving this…

Q: Assume that you contribute $230 per month to a retirement plan for 20 years. Then you are able to…

A: The monthly payment for 20 years is $230 The monthly payment for the next 30 years is $460 The…

Q: what is the time zero or right now value of $400 ordinary perpetuity an interest rate of 7.5%

A: The objective of this question is to calculate the present value of an ordinary perpetuity. A…

Q: Compute the present value (PV) of an annuity that pays $320 forever if the opportunity cost is 10…

A: The present value of annuity refers to the current value of a series of future payments. The present…

Q: What is the future value of $2,575 per year for 17 years at an interest rate of 6.69 percent?…

A: This is a case of an annuity.   Annuity refers to a stream of constant and periodic cash flows.

Q: What is the PV of an ordinary annuity with 10 payments of $6,600 if the appropriate interest rate is…

A: An annuity is a payment series where periodic amounts are provided in return for a lump sum payment.…