Question 1 O out of 10 Find the future value of an annuity due, if payments...
Find the future value of an ordinary annuity, if payments are made of $150 and interest is 7.25% compounded monthly for 14 years A. $43,884.49 B. $43,696.95 C. $43,471.85 D. $43,734.49
1. Calculate the future value of a 23-year annuity with payments of $9,000 each year and an interest rate of 9% compounded annually. Round your answer to the nearest cent. 2. An annuity consists of quarterly payments of $1,500 each for 10 years at an interest rate of 6% compounded quarterly. Compute the future value of the annuity. Round your answer to the nearest cent. 3. Calculate the amount of each monthly payment in a 1-year annuity that has a...
5.2.25 Find the future value of an ordinary annuity if payments are made in the amount Rand interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest R-12.000, 4.9% interest compounded quarterly for 10 years. The future value of the ordinary annuity is $. (Round to the nearest cent as needed)
1.Future Value: Ordinary Annuity versus Annuity Due What is the future value of a 3%, 5-year ordinary annuity that pays $250 each year? Round your answer to the nearest cent. $ If this were an annuity due, what would its future value be? Round your answer to the nearest cent. $ 2. Present and Future Value of an Uneven Cash Flow Stream An investment will pay $100 at the end of each of the next 3 years, $400 at the...
O CONSUMER MATHEMATICS Finding the future value of an annuity An investor wants to save money to purchase real estate. She buys an annuity with monthly payments that earn 5% interest, compounded monthly. Payments will be made at the end of each month. Find the total value of the annuity in 15 years if each monthly payment is $71. Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list...
Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest. R;500 6.32% interest compounded semiannually for 12 years.
Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest. R;15,000; 4.5 % interest compounded quarterly for 12 years.
Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest. R; 700 6.35% interest compounded semiannually for 9 years.
O CONSUMER MATHEMATICS Finding the future value of an annuity The Wilson family wants to save money to travel the world. They purchase an annuity with a monthly payment of $53 that earns 4% interest, compounded monthly Payments will be made at the end of each month. Find the total value of the annuity in 14 years Do not round any intermediate computations, and round your final answer to the nearest cent. If necessary, refer to the list of financial...
Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given Then determine how much of this value is from contributions and how much is from interest R=9,400,9% interest compounded semiannually for 7 years The future value of the ordinary annuity is $_______ (Round to the nearest cent as needed)