Suppose ₱2500 is deposited at the end of each year for the next 5 years in an account paying 7.5% interest compounded annually. Find the future value of this annuity. (In the other words, how much will be in the account at the end of the 5 years)

Q: Find the future value of an annuity of ₱10,000.00 payable quarterly for 3 years if money is worth…

A: An annuity is a series of cash flow that contains an equivalent period amount for a specific…

Q: What is the PRESENT VALUE and the AMOUNT of a Php7,500 ordinary annuity payable quarterly for 12…

A: Quarterly payment (C) = Php7,500 Quarterly period (p) = 48 (i.e. 12 years * 4) Quarterly interest…

Q: What is the present value of an ordinay annuity if its value at the end of 10 years is Php 50,000?…

A: To calculate the present value we will use the below formula   Present value = FV/(1+r/m)(n*m) Where…

Q: Find the future value of an ordinary annuity of $700 paid at the end of each year for 6 years, if…

A: Future Value: It refers to the amount or future worth of an asset at a particular date in the…

Q: Find the future value of the following ordinary annuities. Payments are made and interest is…

A: The Future Value of an Ordinary Annuity refers to the concept which gives out the compounded or…

Q: Find the future value of an annuity of ₱ 10,000.00 payable annually for 3 years if money is worth…

A: Future value  Future value  is the worth of any asset or any sum of money at a future date when such…

Q: Find the future value of the following ordinary annuities. Payments are made and interest is…

A: Future value refers to an amount of the current asset at some future date affected by interest…

Q: What is the present value of a 15 year annuity with the first payment of $65,000 (all payments are…

A: present value of a 15 year annuity with the first payment of $65,000 (all payments are the same…

Q: what is the value of annuity?

A: Time value of money means that the amount of money received in the present period will have more…

Q: Suppose P1500 is deposited at the end of each year for the next 6 years in an account paying 8%…

A: Formula:  Periodic Deposit at the end of the Year,…

Q: Find the amount and the present value of an annuity of P5,000 every end of 6 months for 12 years and…

A: Answer: Calculation of the amount and the present value of an annuity: Formula, we will use here,…

Q: What is the accumulated amount of a 10-year annuity paying ₱ 10,000 at the end of each year, with…

A: The present value method is used to evaluate the different levels of investment projects. With the…

Q: What is the future value​ (FV) of this​ perpetuity, given that the interest rate is 3​%?

A: The future value of an investment forecasts the expected value of an investment at a given future…

Q: A perpetuity will make a sequence of annual payments of 2800, 3000, 3200, ..., with the first…

A: A perpetuity is a type of annuity. To be more specific a perpetuity is that annuity that goes on…

Q: Find the present value of a deferred annuity of ₱6399 every six months for 3 years that is deferred…

A: To calculate the present value of annuity we will use present value of annuity formula, since first…

Q: If money is worth 2.07%, determine the present value of perpetuity of P 4,187 payable annually, with…

A: present value of perpetuity=Arpresent value of lumpsum=future value1+rn where, A=annuity r=rate of…

Q: Find the payment that should be used for the annuity due whose future value is given. Assume that…

A: Future value is the estimated value of current assets that is discounted at an assumed rate of…

Q: What is the accumulated amount of a 8-year annuity paying ₱ 4,300at the end of each year, with…

A: Using excel FV function

Q: Find the future value of an ordinary annuity it payments are made in the amount R and interest is…

A: Future Value of Ordinary AnnuityThe future value of an ordinary annuity represents the total value…

Q: The present value of an annuity is payable annually for 2 years, with the first payment at the end…

A: Value of an annuity refers to nominal worth for each payment. It implies for amount at which annuity…

Q: What is the present value of a perpetuity with payments starting one year from now.  The first…

A: Present value of perpetuity can be calculated by formula that cash flow of first year divided by…

Q: What is the value of a 30-year annuity that pays $2500 a year? The annuity’s first payment will be…

A: As a fist step, let's shifts ourselves to the end of t  = 10 years.Annuity, A = $ 2,500; n = number…

Q: Find the future value of the following ordinary annuities. Payments are made and interest is…

A: The Future Value of an Ordinary Annuity refers to the concept which gives out the compounded or…

Q: In a sequence of 10 annual payments of 2,000 pesos each, the first one is due at the end of 6 years.…

A: An annuity is a series of regular and equal cash flows. The present value is the discounted value of…

Q: $360,000 is invested in a perpetuity at an interest rate of 5.2% per annum. a. Find the monthly…

A: Future value of a present value is the value of that amount after taking into account the time value…

Q: A perpetuity will pay $1000 per year, starting five years after the perpetuity is purchased. What is…

A: The question is based on the concept of perpetuity payment and concept of time value of money.Future…

Q: Suppose that $500  is deposited at the end of every quarter for 6 years in an account that pays 8%…

A: To calculate the value of the annuity, we can either use excel or fv calculator where R= RATE OF…

Q: Find the future value of an ordinary annuity if payments are made in the amount R and interest is…

A: We need to use future value of ordinary annuity formula below to calculate future value. FVn…

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

A: Amount received each 3 months for 4 year                   3,000 Pesos Period (4 years * 4)…

Q: What is the present value of a perpetuity with payments starting one year from now.  The first…

A: A perpetuity is a type of security that pays a constant stream of fixed cash flows for an infinite…

Types of Insurance Contract

Insurance is a contract wherein an individual or entity gets financial protection from the insurance company for any damages or losses incurred. The individual or entity is called the insured, whereas the insurance company is called the insurer. The insured and the insurer enter a legal contract for a fixed term called the insurance term, and the contract is called an insurance policy.