Note-if there is any understanding problem regarding this please feel free to ask via comment box..thank you
Find the payment made by the ordinary annuity with the given present value. $260,832: quarterly payments...
Find the payment made by the ordinary annuity with the given present value. $252,670; quarterly payments for 30 years; interest rate is 7%, compounded quarterly
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)
Find the payment made by the ordinary annuity with the given present value. $81,819; monthly payments for 18 years; interest rate is 5.2%, compounded monthly The payment is $_______ Find the amount necessary to fund the given withdrawals. Monthly withdrawals of $550 for 8 years; interest rate is 5.7% compounded monthly. The amount necessary to fund the given withdrawals is $_______
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)
Find the future value for the ordinary annuity with the given payment and interest rate SER payment is $850; 1.80% compounded semiannually for 2 years. The future value of the ordinary annuity is $ (Do not round until the final answer. Then round to the nearest cent as needed.).
Find the future value of an ordinary annuity of $4,000 paid quarterly for 3 years, if the interest rate is 7%, compounded quarterly. (Round your answer to the nearest cent.)
Suppose payments were made at the end of each month into an ordinary annuity earning interest at the rate of 8%/year compounded monthly. If the future value of the annuity after 14 yr is $70,000, what was the size of each payment? (Round your answer to the nearest cent.) $ Need Help? Read Talk to Tuter 5. (-/0.1 Points) DETAILS TANAPMATH5 4.3.018. MY NOTES PRACTICE ANOTHER Suppose payments will be made for 4 years at the end of each month...
1- In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. Find the amount of time needed for the sinking fund to reach the given accumulated amount. (Round your answer to two decimal places.) $275 monthly at 5.6% to accumulate $25,000. _________yr 2- Determine the amount due on the compound interest loan. (Round your answers to the nearest cent.) $18,000 at 3% for 15 years if...
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 the following ordinary annuity. Periodic payment Payment Interval Term Interest Rate Conversion period $2900 3 months 8 years 8% annually The present value is $____? (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) please help ! ASSISTANCE NEEDED PLEASE !