Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity stream: E Number of Annual Annuity Present Value Payments or Years Future Value Interest Rate $0.00 $O (Round to the nearest cent.) $21,000.00 7 5% 20 7% $21,000.00 (Round to the nearest cent.) $0.00 30 4% $0.00 %24 (Round to the nearest cent.) $240,000.00 10 11% $97,219.23 (Round to the nearest cent.) $0.00
Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity stream: E Number of Annual Annuity Present Value Payments or Years Future Value Interest Rate $0.00 $O (Round to the nearest cent.) $21,000.00 7 5% 20 7% $21,000.00 (Round to the nearest cent.) $0.00 30 4% $0.00 %24 (Round to the nearest cent.) $240,000.00 10 11% $97,219.23 (Round to the nearest cent.) $0.00
Chapter4: Time Value Of Money
Section: Chapter Questions
Problem 1Q
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![Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity stream:
Number of
Annual
Payments or
Future Value
Annuity
Present Value
Interest Rate
Years
7
5%
$0.00
2$
(Round to the nearest cent.)
$21,000.00
20
7%
$21,000.00
$
(Round to the nearest cent.)
$0.00
30
4%
$0.00
(Round to the nearest cent.)
$240,000.00
10
11%
$97,219.23
(Round to the nearest cent.)
$0.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4d76a024-bd52-442b-a28d-e2cd86a37299%2Fc7b81ddb-3269-44ae-bc4c-1750592ac765%2Fa59r1op_processed.png&w=3840&q=75)
Transcribed Image Text:Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity stream:
Number of
Annual
Payments or
Future Value
Annuity
Present Value
Interest Rate
Years
7
5%
$0.00
2$
(Round to the nearest cent.)
$21,000.00
20
7%
$21,000.00
$
(Round to the nearest cent.)
$0.00
30
4%
$0.00
(Round to the nearest cent.)
$240,000.00
10
11%
$97,219.23
(Round to the nearest cent.)
$0.00
![i Data Table
(Click on the following icon e in order to copy its contents into a spreadsheet.)
Number of
Annual
Payments or
Future Value
Annuity
Present Value
Interest Rate
Years
7
5%
$0.00
$21,000.00
20
7%
$21,000.00
$0.00
30
4%
$0.00
?
$240,000.00
10
11%
$97,219.23
$0.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4d76a024-bd52-442b-a28d-e2cd86a37299%2Fc7b81ddb-3269-44ae-bc4c-1750592ac765%2Frankmd4_processed.png&w=3840&q=75)
Transcribed Image Text:i Data Table
(Click on the following icon e in order to copy its contents into a spreadsheet.)
Number of
Annual
Payments or
Future Value
Annuity
Present Value
Interest Rate
Years
7
5%
$0.00
$21,000.00
20
7%
$21,000.00
$0.00
30
4%
$0.00
?
$240,000.00
10
11%
$97,219.23
$0.00
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