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 payment made by the ordinary annuity with the given present value. $81,819; monthly 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
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 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)
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 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.
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 amount necessary to fund the given withdrawals. Monthly withdrawals of $800 for 8 years; interest rate is 5.7% compounded monthly. The amount necessary to fund the given withdrawals is $ (Round to the nearest cent as needed.)
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