n annuity pays $4152 per month, and payments are made at the end of each month. If the interest rate is 13 per cent compounded monthly for the first 9 years and 8 per cent compounded monthly for the next 13 years, what is the present value of the annuity?

Q: you have a 12-year annuity paying $496 quarterly in 10 years when interest is 6.65% compounded…

A: Number of annuity payments = Number of years * time period of Payment = Number of years * Quaterly…

Q: A 20 year annuity pays $50 at the beginning of each month during the first year, $55 at the…

A: Time period = 20 years  Nominal annual interest rate = 6% Increase in the amount on yearly basis =…

Q: A 11-year annuity pays $1,400 per month, and payments are made at the end of each month. The…

A: The idea of the time value of money (TVM) holds that a quantity of income is valued sooner than it…

Q: A 10-year annuity-due with quarterly payments has a first payment of 1000. The next five payments…

A: First payment = $ 1000 Next 5 payments = $ 1000 Growth rate in payments after 6 payments = 5.06%…

Q: An annuity due has four payments, $2000 each. What's the present value of the annuity due at a 6%…

A: Annuity due is that annuity in which payments are made at the start of each period. This is in…

Q: An engineer is entitled to receive P25,000 at the beginning of each year for 18 years. If the rate…

A: Solution 1: Present value of annuity = P25,000 * Cumulative PV factor at 4% for 18 periods of…

Q: A 19-year annuity pays $2,050 per month at the end of each month. If the APR is 13 percent…

A: Present value refers to the current value of an asset that will be present at some future date for…

Q: How much interest is included in the future value of an ordinary simple annuity of $1,650 paid every…

A: The question can be solved as follows:

Q: Consider an ordinary simple perpetuity with monthly payments. If the first payment happens in one…

A: Perpetuity is the type of annuity that goes on forever, that is, perpetuity has no end and is for an…

Q: An annuity with a cash value of ​$12,000 pays ​$2,050 at the beginning of every six months. The…

A: Annuity:  An annuity is the series of payments which is received or paid for a certain period of…

Q: A perpetuity-immediate has payments of 10 at the end of year 1, 12 at the end of year 2, and level…

A: The duration of a perpetuity is simply equal to the weighted average time to receive the cash flows,…

Q: An annuity-pays 18,000 per year for five years. The annual interest rate is 6%. Find the present…

A: i) Determine the present value of the annuity using the Excel PV function with the following inputs:…

Q: Find the present value of an ordinary annuity with payments of 13687 every 6 months for 3 years at…

A: The present value of annuity can be calculated with the concept of time value of money

Q: PNC's 30-year annuity is scheduled to pay off a loan taken out today at a 5% annual effective…

A: given, year (n) = 30 rate = 5% first annuity at t=10, amount= $10,000 then annuity increase by $5000…

Q: An annuity with a cash value of $9,600 pays $2,190 at the beginning of every six months. The…

A: Annuities are equal and fixed regular payments based on the time of cash flow and the interest rate…

Q: An annuity with a cash value of $9,800 pays $880 at the beginning of every three months. The…

A: a) No. of payment =12.08 or 13 b) size of final annuity payment = $880

Q: A 20-year annuity pays $1,500 monthly, and payments are made at the end of each month. If the…

A: Monthly payments = $1500Period = 20 yearsInterest rate :First 10 years = 6.25%Next 10 years = 5.50%

Q: 11. In the following ordinary annuity, the interest is compounded with each payment, and the payment…

A: 11. where : FV = Accumulated Amount of the annuity PMT =Payment per period =  $5500 i = interest…

Q: An annuity with a cash value of $15,500 earns 7 % compounded semi-annually. End-of-period…

A:

Q: A 20-year annuity pays $1,200 per month, and payments are made at the end of each month. The…

A: The concept of time value of money will be used and applied here.   An annuity is a stream of…

Q: 9) A retirement gratuity of $123 900.00 is invested in annuity deferred for 10 years. The annuity…

A: The present value of an annuity is the current worth of a cash flow paid/received at the begging of…

Q: An annuity provides for 12 annual payments. The first payment is $100, paid at the end of the first…

A: The above example is the type of growing annuity. We need to find out the present value of this…

Q: If the present value of an ordinary, 5-year annuity is $6,400 and interest rates are 11 percent,…

A: Present value of an ordinary, annuity = $6,400 Time Period = 5 Years Interest Rate = 11%

Q: A 15-year annuity pays ¢5,500 per month, and payments are made at the end of each month. If interest…

A: The present value of annuity is the series of cash flows that occur with equal period of time. The…

Q: A 20-year annuity was purchased with $180,000 that had accumulated in an RRSP. The annuity provides…

A: Time Period = 20 Years Interest rate = 5% Present Value = $180,000

Q: A 5-year annuity has a series of payments 1, 2, 3, 2, 1 with the first payment made at time t = 0…

A: An annuity refers to a series of periodic payments made in exchange for a lump sum payment. It is…

Q: An annuity pays 8 at the end of each year for five years, starting at the end of the 12th year.…

A: Given,  Payment made is $8 starting from the end of year 12th. Since payment is starting from the…

Q: Annuity payments are assumed to come at the end of each payment period (termed an ordinary annulty).…

A:

Q: A perpetuity pays $4200 at the end of every month for 11 months of each year. At the end of the 12th…

A: Perpetual refers to the forever transaction. This means an equal amount of cash flow at an equal…

Q: If you have a 13-year annuity paying $209 quarterly beginning in 6 years when interest is 3.13%…

A: First payment takes place in the beginning of 6th year. The payments are made quarterly.

Q: A 10-year annuity pays $1,850 per month, and payments are made at the end of each month. If the APR…

A: Present value compares the value of money received or paid at different times in time and assists…

Q: An immediate annuity makes monthly payments for 20 years. During the first year, each monthly…

A: An annuity is a payment series that provides an income to the holder in exchange for a lump-sum…

Q: A annuity pays $200 at the end of each month for 5 years and $300 at the end of each month for the…

A: PV of annuity with continuous compounding is to be determined. Here, PMT1 = $200 Number of periods…

Q: An annuity has payments at the beginning of every three months starting today. The first payment is…

A: An annuity is a payment series that provides the holder with a periodic income in exchange for a…

Q: An annuity provides for 20 annual payments. The first payment of $ 100 is made immediately and the…

A: Payments made at the beginning of each period are called Annuity due.

Q: Assume that you make monthly payments of $ 475 into an ordinary annuity paying 8% compounded…

A: Future value of ordinary annuity formula is: Future value of ordinary annuity is calculated by…

Q: A student will receive 3,000 at the beginning of each months for 4 years. What is the sum of this…

A: Annuities are referred to as the contracts that are issued as well as distributed by the financial…

Q: A thirty-year annuity has end - value of the annuity if i = 3 % - of month payments. The first year…

A: Step 1:It is given that, A thirty-year annuity has end of month payment and the first-year payment…

Q: nuity with yearly payments of 674 that’s compounded annually with an interest rate of 5.4% will be…

A: Future value of the annuity includes the amount being deposited over the period of time and amount…