Find the present value of an ordinary annuity which has payments of $2000 per year for...
Find the present value of an ordinary annuity which has payments of $1300 per year for 14 years at 8% compounded annually. The present value is $ . (Round to the nearest cent.)
Find the present value of an ordinary annuity which has payments of $600600 per year for 1818 years at 55% compounded annually.
Find the present value of an ordinary annuity with payments of $8,313 semiannually for 10 years at 7.2% compounded semiannually. What is the present value? $ (Round to the nearest cent.)
Find the present value of an ordinary annuity with payments of $10,886 every 6 months for 7 years at 6.0% compounded semiannually. What is the present value? (Round to the nearest cent.)
Find the present value of an annuity with payments of $1,250 at the end of each year for 7 years. The interest rate is 5% compounded annually The present value of the annuity is $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)
Find the payment made by the ordinary annuity with the given present value. $260,832: quarterly payments for 33 years, interest rate is 6%, compounded quarterly The payment is $ (Simplify your answer. Round to the nearest cent as needed.)
Find the present value of an annuity of $3000 per year at the end of each of 10 years after being deferred for 5 years, if money is worth 5% compounded annually. (Round your answer to the nearest cent.)
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...
8. Problem 5.15 (Present Value of an Annuity) eBook Find the present values of these ordinary annuities. Discounting occurs once a year. Do not round intermediate calculations. Round your answers to the nearest cent. a. $200 per year for 16 years at 6%. b. $100 per year for 8 years at 3%. C. $200 per year for 8 years at 0%. d. Rework previous parts assuming they are annuities due. Present value of $200 per year for 16 years at...
Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.) Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.)