Homework Answers
Future value of annuity=Annuity[(1+rate)^time period-1]/rate
=$53[(1.05)^17-1]/0.05
=$53*25.84036636
which is equal to
=$1369.54(Approx).
Add Answer to:
An annuity pays $53 per year for 17 years. What is the future value FV of...
19 m An annuity pays $12 per year for 53 years. What is the future value...
19 m An annuity pays $12 per year for 53 years. What is the future value (FV) of this annuity at the end of that 53 years given that the discount rate is 8 % 7 19 OA. $12.197.33 O B. $8,712.38 19 O C. $10,454.86 O D. $5,227 43 m 19 19
an annuity pays $45 per year for 13 years. what is the future value (FV) of...
an annuity pays $45 per year for 13 years. what is the future value (FV) of this annuity at the end of those 13 years, given the discount rate is 9%?
An annuity pays $ 54 per year for 20 years. What is the future value (FV) of this annuity at the end of those 20 years...
An annuity pays $ 54 per year for 20 years. What is the future value (FV) of this annuity at the end of those 20 years, given that the discount rate is 5%?
An annuity pays $49 per year for 13 years. What is the future value(FV) of this...
An annuity pays $49 per year for 13 years. What is the future value(FV) of this annuity at the end of those 13 years, given that the discount rate is 8% a. $631.96 b. $1,474.58 c. $1,053.27 d. $1,263.92
please choose one answer An annuity pays $51 per year for 28 years. What is the...
please
choose one answer
An annuity pays $51 per year for 28 years. What is the future value (FV) of this annuity at the end of those 28 years, given that the discount rate is 6%? OA. OB. OC. OD. $4,193.92 $4,892.90 $2,096.96 $3,494.93
An annuity pays $11.00 per year for 103 years. What is the present value (PV) of...
An annuity pays $11.00 per year for 103 years. What is the present value (PV) of this annuity given that the discount rate is 5%? O A. $262.26 O B. $218.55 O c. $305.97 OD. $131.13
#19. An annuity pays $14.00 per year for 99 years. What is the present value (PV) of...
#19. An annuity pays $14.00 per year for 99 years. What is the present value (PV) of this annuity given that the discount rate is 6%?
An annuity pays $ 11.00$11.00 per year for 105105 years. What is the present value (PV)...
An annuity pays $ 11.00$11.00 per year for 105105 years. What is the present value (PV) of this annuity given that the discount rate is 8 %8%? A. $ 82.48$82.48 B. $ 164.95$164.95 C. $ 137.46$137.46 D. $ 192.44$192.44
What is the future value (FV) of $40,000 in five years, assuming the interest rate is...
What is the future value (FV) of $40,000 in five years, assuming the interest rate is 4% per year? O A. $48,666 O B. $41,366 OC. $26,000 OD. $43,800
An annuity is set up that will pay $1,700 per year for nine years. What is...
An annuity is set up that will pay $1,700 per year for nine years. What is the present value (PV) of this annuity given that the discount rate is 4%? O A. $12,640 O B. $15,168 OC. $17,696 OD. $7,584
19 m An annuity pays $12 per year for 53 years. What is the future value (FV) of this annuity at the end of that 53 years given that the discount rate is 8 % 7 19 OA. $12.197.33 O B. $8,712.38 19 O C. $10,454.86 O D. $5,227 43 m 19 19
please
choose one answer
An annuity pays $51 per year for 28 years. What is the future value (FV) of this annuity at the end of those 28 years, given that the discount rate is 6%? OA. OB. OC. OD. $4,193.92 $4,892.90 $2,096.96 $3,494.93
An annuity pays $11.00 per year for 103 years. What is the present value (PV) of this annuity given that the discount rate is 5%? O A. $262.26 O B. $218.55 O c. $305.97 OD. $131.13
What is the future value (FV) of $40,000 in five years, assuming the interest rate is 4% per year? O A. $48,666 O B. $41,366 OC. $26,000 OD. $43,800
An annuity is set up that will pay $1,700 per year for nine years. What is the present value (PV) of this annuity given that the discount rate is 4%? O A. $12,640 O B. $15,168 OC. $17,696 OD. $7,584
Most questions answered within 3 hours.
-
Please explain all the options in brief.
In a forest fire, many oak trees were destroyed....
asked 7 minutes ago -
Queuing Theory Problem:
Traffic to a message switching system , arrives in a random
pattern at...
asked 15 minutes ago -
During the past six months, 73.2 percent of US households
purchased sugar. Assume that these expenditures...
asked 25 minutes ago -
Which is a possible value for the principal quantum number
n?
7, 3.14 , 2.5, None...
asked 29 minutes ago -
Everyone loves a helium filled balloon for a party. Do some
basic Internet research and answer...
asked 28 minutes ago -
Here is a pair of aromatic compounds that each have a complicated
set of aromatic peaks....
asked 47 minutes ago -
As with many public goods, determining the appropriate level of
government support for the production of...
asked 50 minutes ago -
Write a balanced chemical equation for the oxidation reaction
between Caro’s acid (H2SO5) and CN– ion...
asked 53 minutes ago -
Calculate the number of valence electrons for
[Mo(C6H6)(CO)3]
asked 1 hour ago -
Which of the following are true about the strength of the
association between two variables?
1-...
asked 1 hour ago -
You are a monopolist and know that your consumers have a linear
demand curve. At what...
asked 59 minutes ago -
Raising a heavy load requires work. Raising it in half the time
requires:
asked 1 hour ago