Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round...
Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.)
Amount of payment $11 700 Payment payable- semiannually.Years 9 Interest rate 6% Value of annuity ?
Homework Answers
Thank you
Please rate if it is helpful to you
Add Answer to:
Complete the ordinary annuity. (Please use the following
provided Table.) (Do not round intermediate calculations.
Round...
Complete the following for the present value of an ordinary annuity (Please use the following provided...
Complete the following for the present value of an ordinary annuity (Please use the following provided Table ) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount annuity expected $15,500 Present value (amount needed now to invest to receive annuity) Payment Quarterly Time 6 Years Interest 8%
Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round...
Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment Payment payable Years Interest rate Value of annuity $2,900 Annually 3 6% $
Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.)
Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.)Amount Payable: $2,300Payment Payable: AnnuallyYears: 3Interest Rate: 6% Value of Annuity Due: ???
Complete the following table: (Use Table 15.1) (Do not round intermediate calculations. Round your answers to...
Complete the following table: (Use Table 15.1) (Do not round intermediate calculations. Round your answers to the nearest cent.) First Payment Broken Down Into— Selling price Down payment Amount mortgage Rate Years Monthly payment Interest Principal Balance at end of month $136,000 $30,000 $106,000 6.5% 30 $ $ $ $
Use Table 12-2 to calculate the present value (in $) of the ordinary annuity. (Round your...
Use Table 12-2 to calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Present Value of the Annuity $3,000 every year 20 4 annually $ Use Table 12-2 to calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Present Value...
Use Table 12-1 to calculate the future value of the following annuity due. Round your answer...
Use Table 12-1 to calculate the future value of the following annuity due. Round your answer to the nearest cent. Click here for Table 12-1 Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future Value of the Annuity every month monthly $ Solve the following by using Table 12-1. Suntech Distributors, Inc., deposits $6,000 at the beginning of each 3-month period for 6 years in an account paying 6% interest compounded quarterly. Round your answers to...
Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity...
Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity stream: Future Value Annuity Present Value Number of Annual Payments or Interest Rate Years 3% 21 7% (Round to the nearest cent.) $21.000.00 $0.00 $21,000.00 $ $ (Round to the nearest cent.) $0.00 $160,000.00 34 5% $0.00 $ (Round to the nearest cent.) 13 6% $94,249.04 $ (Round to the nearest cent.) $0.00
Please show work :) Complete the following using ordinary interest. (Use Days in a year table.)...
Please show work :)
Complete the following using ordinary interest. (Use Days in a year table.) (Do not round intermediate calculations. Round the "Interest" and "Maturity value to the nearest cent.) Exact time Interest Maturity value Principal Interest rate $ 585 9% Date borrowed June 05 Date repaid Dec 15
Find the future value. (Use the Table provided.) (Do not round intermediate calculations. Round the "FV...
Find the future value. (Use the Table provided.) (Do not round intermediate calculations. Round the "FV factor" to 4 decimal places and final answer to the nearest cent.) Present value Length of time Rate Compounded On FV Table 12.1 FV factor used Future value Period used Rate used $11,965.44 4 years 12% Quarterly 16 3% $
Complete the following using exact interest. (Use Days in a year table) (Do not round intermediate...
Complete the following using exact interest. (Use Days in a year table) (Do not round intermediate calculations. Round the "Interest" and "Maturity value to the nearest cent.) Interest rate Exact time Interest Maturity value Principal $ 1.000 Date borrowed Mar 08 Date repaid Jun 09
Complete the following for the present value of an ordinary annuity (Please use the following provided Table ) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount annuity expected $15,500 Present value (amount needed now to invest to receive annuity) Payment Quarterly Time 6 Years Interest 8%
Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity stream: Future Value Annuity Present Value Number of Annual Payments or Interest Rate Years 3% 21 7% (Round to the nearest cent.) $21.000.00 $0.00 $21,000.00 $ $ (Round to the nearest cent.) $0.00 $160,000.00 34 5% $0.00 $ (Round to the nearest cent.) 13 6% $94,249.04 $ (Round to the nearest cent.) $0.00
Please show work :)
Complete the following using ordinary interest. (Use Days in a year table.) (Do not round intermediate calculations. Round the "Interest" and "Maturity value to the nearest cent.) Exact time Interest Maturity value Principal Interest rate $ 585 9% Date borrowed June 05 Date repaid Dec 15
Complete the following using exact interest. (Use Days in a year table) (Do not round intermediate calculations. Round the "Interest" and "Maturity value to the nearest cent.) Interest rate Exact time Interest Maturity value Principal $ 1.000 Date borrowed Mar 08 Date repaid Jun 09
Most questions answered within 3 hours.
-
51.
As the marginal propensity to expend rises, the multiplier:
decreases.
is impossible to determine.
increases....
asked 2 minutes ago -
The Baldwin Company currently has the following balances on their
balance sheet:
Total
Liabilities
$69,309
Common...
asked 5 minutes ago -
A quiet town in Kansas has 10 people, all of whom have the same
preferences. There...
asked 11 minutes ago -
Summarize what an organization needs from a leader.
a. Analyze what might happen to an organization...
asked 14 minutes ago -
How would one critically evaluate an organizations marketing
strategies from the viewpoint of its consumers, as...
asked 12 minutes ago -
Given a standardized normal distribution (with μ = 0 and a σ =
1), what is...
asked 13 minutes ago -
Company XYZ know that replacement times for the quartz time
pieces it produces are normally distributed...
asked 28 minutes ago -
A) Write the acid-base reaction that occurs between Na2HPO4 and
NaOH
B) Write the possible reactions...
asked 41 minutes ago -
What advantages does the Natural Law Theory have in comparison
with the Divine Command Theory? Explain...
asked 47 minutes ago -
A diver comes off a board with arms straight up and legs
straight down, giving her...
asked 46 minutes ago -
Answer the following questions
In your own words, define each of these terms
- Branding, Packaging,...
asked 44 minutes ago -
Briefly discuss developments in the crude oil market and your
outlook, using the microeconomic concepts discussed...
asked 45 minutes ago