What is the present value of an ordinary annuity with annual payments of $670 at 8% annual interest for 25 years? Click the icon to view the table. The present value of an ordinary annuity is S Round to the nearest cent as needed.) Data table Present Value of a $1.00 Ordinary Annuity Rate per period Periods 2% 3% 4% 5% 6% 7% 8% 1 2 3 4 5 6 7 8 9 10 11 12 9% 10% 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 10 575 9 954 9 385 8863 8.384 7943 7536 7161 6814
What is the present value of an ordinary annuity with annual payments of $670 at 8% annual interest for 25 years? Click the icon to view the table. The present value of an ordinary annuity is S Round to the nearest cent as needed.) Data table Present Value of a $1.00 Ordinary Annuity Rate per period Periods 2% 3% 4% 5% 6% 7% 8% 1 2 3 4 5 6 7 8 9 10 11 12 9% 10% 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 10 575 9 954 9 385 8863 8.384 7943 7536 7161 6814
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:13
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11.348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.103
12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367
12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606
13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824
14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022
14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201
15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365
16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514
19.523 17.413 15.622 14.094 12.783 11.654 10.675 9.823 9.077
22.396 19.600 17.292 15.372 13.765 12.409 11.258 10.274 9.427
27.355 23.115 19.793 17.159 15.046 13.332 11.925 10.757 9.779
31.424 25.730 21.482 18.256 15.762 13.801 12.233 10.962 9.915
Transcribed Image Text:What is the present value of an ordinary annuity with annual payments of $670 at 8% annual interest for 25 years?
Click the icon to view the table.
The present value of an ordinary annuity is S
(Round to the nearest cent as needed.)
Data table
Present Value of a $1.00 Ordinary Annuity
1
2
3
Rate per period
Periods 2% 3% 4% 5% 6% 7% 8% 9% 10%
0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909
1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736
2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487
3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170
4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791
5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355
6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868
7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335
8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759
8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145
9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495
10 575 9 954 9 385 8 863 8 384 7943 7536 7161 6814
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