In order to compute the present value of an annuity, it is necessary to know the 1. discount rate. 2. number of discount periods and the amount of the periodic payments or receipts. ○ 1 O something in addition to 1 and 2 O both 1 and 2 ○ 2
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- Choose the letter of the correct answer and write it on the space provided _____ 1. A sequence of payments made at equal (fixed) intervals or periods of time. A. Annuity C. Ordinary Annuity B. Annuity due D. Simple Annuity ______2. The amount of each payment. A. Payment interval C. Annuity Payment B. Periodic Payment D. Time payment ______3. It is time between the purchase of an annuity and the start of the payments for the deferred annuity. A. Period of deferral C. Payment interval B. Annuity payment D. Period of payment ______4. A type of annuity in which the payments are made at the end of each payment interval. A. Annuity due C. General Annuity D. Simple Annuity D. Ordinary Annuity ______5. Compounding quarterly means the interest period is A. every year C. every 6 months B. every 4 months D. every 3 months ______6. In a monthly payment of P2,000 for 5 years that will start 7 months from now, what will be the period of deferral? A. 7 B. 5 C. 4 D. 6 ______7. A loan is given an…To determine the converted table factor for the present value of an annuity due, one must find the factor for the present value of an ordinary annuity for n + 1 and then add 1. n − 1 and then subtract 1. n − 1 and then add 1. n + 1 and then subtract 1.Prove: FVA of an Ordinary Annuity times (1+i) = FVA of an Annuity Due, where i= interest rate. SHow all work
- To find the present value (PV) of an ordinary annuity, a. the interest is compounded and then subtracted from the FV. O b. each payment is divided by (1+1)* c. each payment is multiplied by (1+1). O d. the future value (FV) is divided by the interest rate. e. the future value is divided by (1+1)*:Annuity A and B are exactly the same except that annuity A has 5 payments and annuity B has 7 payments, which one has the higher future value? Select one: a. B b. A=B c. A1) To find the value of an annuity due using the tables, only 1 extra period needs to be added to the number of periods: true or false ? 2) Maturity value is equal to principle plus interest when considering a Treasury Bil: true or false ? 3)What are the differences between an ordinary annuity and an annuity due?
- 7. Future value of annuities There are two categories of cash flows: single cash flows, referred to as “lump sums,” and annuities. Based on your understanding of annuities, answer the following questions. A. Which of the following statements about annuities are true? Check all that apply. An annuity due is an annuity that makes a payment at the beginning of each period for a certain time period. Ordinary annuities make fixed payments at the beginning of each period for a certain time period. An annuity is a series of equal payments made at fixed intervals for a specified number of periods. An annuity due earns more interest than an ordinary annuity of equal time. B. Which of the following is an example of an annuity? A lump-sum payment made to a life insurance company that promises to make a series of equal payments later for some period of time An investment in a certificate of deposit (CD) C. Luana loves shopping…The future value of an annuity due is determined one period after the first cash flow in the series. a.True b.False7. Future value of annuities There are two categories of cash flows: single cash flows, referred to as “lump sums,” and annuities. Based on your understanding of annuities, answer the following questions. Which of the following statements about annuities are true? Check all that apply. An annuity due is an annuity that makes a payment at the beginning of each period for a certain time period. Ordinary annuities make fixed payments at the beginning of each period for a certain time period. An annuity is a series of equal payments made at fixed intervals for a specified number of periods. An annuity due earns more interest than an ordinary annuity of equal time. Which of the following is an example of an annuity? A lump-sum payment made to a life insurance company that promises to make a series of equal payments later for some period of time An investment in a certificate of deposit (CD) Katie had a high monthly food bill…
- A 5.66% annual coupon, 19-year bond has a yield to maturity of 4.14%. Assuming the par value is $1,000 and the YTM is expected not to change over the next year, what is the expected Current Yield for this bond? Please share your answer as a %.4. Future value of annuities There are two categories of cash flows: single cash flows, referred to as "lump sums," and annuities. Based on your understanding of annuities, answer the following questions. Which of the following statements about annuities are true? Check all that apply Ordinary annuities make fixed payments at the beginning of each period for a certain time period. An annuity due is an annuity that makes a payment at the beginning of each period for a certain time period. An annuity due earns more interest than an ordinary annuity of equal time. An annuity is a series of equal payments made at fixed intervals for a specified number of periods Which of the following is an example of an annuity? 0 A job contract that pays a regular monthly salary for three years O A job contract that pays an hourly wage based on the work done on a particular day Katie had a high monthly food bill before she decided to cook at home every day in order to reduce her expenses. She starts to…7. Future value of annuities There are two categories of cash flows: single cash flows, referred to as "lump sums," and annuities. Based on your understanding of annuities, answer the following questions. Which of the following statements about annuities are true? Check all that apply. When equal payments are made at the beginning of each period for a certain time period, they are treated as an annuity due. When equal payments are made at the beginning of each period a certain time period, they are treated as ordinary annuities. An ordinary annuity of equal time earns less interest than an annuity due. Annuities are structured to provide fixed payments for a specified period of time. Which of the following is an example of an annuity? O A lump-sum payment made to a life insurance company that promises to make a series of equal payments later for some period of time O An investment in a certificate of deposit (CD) Katie had a high monthly food bill before she decided to cook at home…