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를 years at 9%, compounded quarterly. (Round your answer to the nearest cent.) Find the future...
Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at...
Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at the end of each of the next 25 years. If money is worth 4, compounded annually, what is the present value of the prize? (Round your answer to the nearest cont.) $ 60000 X with a present value of $140,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money...
Suppose $200,000 used to establish an annuity that earns 8%, compounded quarterly, and pays $5500 at...
Suppose $200,000 used to establish an annuity that earns 8%, compounded quarterly, and pays $5500 at the end of each quarter How long will it be until the account balance is $02 (Round your answer UP to the newest quarter.) quarters Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the next 6 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest cont.) $ Need...
NI- years? (Round your an If $88,000 is invested in an annuity that eams 5.8%, compounded...
NI- years? (Round your an If $88,000 is invested in an annuity that eams 5.8%, compounded quarterly, what payments will it provide at the end of each quarter for the next 8 nearest cent.) X Need Help? $173536 Read it Tik to a Tutor Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the next 6 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest...
11 $90,000 invested in an annuity that compounded quarterly, what payments will it provide at the...
11 $90,000 invested in an annuity that compounded quarterly, what payments will it provide at the end of each quarter for the next 2. years? (Round your answer to the nearest cent 3160390 X Need Help? Suppose an annuity will pay $14,000 at the beginning of each year for the next years. How much money is needed to start this annuity in keams 7,7%, compounded annually (Round your answer to the nearest cont.) $ Need Help? To The
Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at...
Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at the end of each of the next 25 years. If money is worth 8%, compounded annually, what is the present value of the prize? (Round your answer to the nearest ont.) $ 17580,000 is invested in an annuity that came 5.5. Compounded quarterly what payments will it provide at the end of each quarter for the next Dearest cent. $ years? (Round your answer...
Find the future value of an annuty due of $900 each quarter for 8 years at...
Find the future value of an annuty due of $900 each quarter for 8 years at 9%, compounded quarterly. (Round your answer to the nearest cent.) $ 45233.99 X Need Help? Head Master Talk to a Tutor A company wants to have $40,000 at the beginning of each 6-month period for the next years. If an annuity is set up for this purpose, how much must be invited now if the annuity 2 earns 6,62%, compounded semiannually? (a) Decide whether...
1.-Determine the payment to amortize the debt. (Round your answer to the nearest cent.) Quarterly payments...
1.-Determine the payment to amortize the debt. (Round your answer to the nearest cent.) Quarterly payments on $15,500 at 3.7% for 6 years $ 2.- A MasterCard statement shows a balance of $510 at 13.5% compounded monthly. What monthly payment will pay off this debt in 1 year 10 months? (Round your answer to the nearest cent.) $ 3.- Find the unpaid balance on the debt. (Round your answer to the nearest cent.) After 7 years of monthly payments on...
Find future value. (Round your answer to the nearest cent.) $2,000 8% 2 years Quarterly Future...
Find future value. (Round your answer to the nearest cent.) $2,000 8% 2 years Quarterly Future value
Calculate the accumulated amount of end-of-month payments of $5,000 made at 3.21% compounded quarterly for 4...
Calculate the accumulated amount of end-of-month payments of $5,000 made at 3.21% compounded quarterly for 4 years. Round to the nearest cent How much should Austin have in a savings account that is earning 4.50% compounded quarterly, if he plans to withdraw $2,400 from this account at the end of every quarter for 9 years? Round to the nearest cent Zachary deposits $350 at the end of every quarter for 4 years and 6 months in a retirement fund at...
Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.)...
Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $1400/semiannual period for 8 yr at 9%/year compounded semiannually Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $100/month for 14 yr at 15%/year compounded monthly
Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at the end of each of the next 25 years. If money is worth 4, compounded annually, what is the present value of the prize? (Round your answer to the nearest cont.) $ 60000 X with a present value of $140,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money...
Suppose $200,000 used to establish an annuity that earns 8%, compounded quarterly, and pays $5500 at the end of each quarter How long will it be until the account balance is $02 (Round your answer UP to the newest quarter.) quarters Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the next 6 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest cont.) $ Need...
NI- years? (Round your an If $88,000 is invested in an annuity that eams 5.8%, compounded quarterly, what payments will it provide at the end of each quarter for the next 8 nearest cent.) X Need Help? $173536 Read it Tik to a Tutor Find the present value of an annuity due that pays $2000 at the beginning of each quarter for the next 6 years. Assume that money is worth 6.6%, compounded quarterly. (Round your answer to the nearest...
11 $90,000 invested in an annuity that compounded quarterly, what payments will it provide at the end of each quarter for the next 2. years? (Round your answer to the nearest cent 3160390 X Need Help? Suppose an annuity will pay $14,000 at the beginning of each year for the next years. How much money is needed to start this annuity in keams 7,7%, compounded annually (Round your answer to the nearest cont.) $ Need Help? To The
Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at the end of each of the next 25 years. If money is worth 8%, compounded annually, what is the present value of the prize? (Round your answer to the nearest ont.) $ 17580,000 is invested in an annuity that came 5.5. Compounded quarterly what payments will it provide at the end of each quarter for the next Dearest cent. $ years? (Round your answer...
Find the future value of an annuty due of $900 each quarter for 8 years at 9%, compounded quarterly. (Round your answer to the nearest cent.) $ 45233.99 X Need Help? Head Master Talk to a Tutor A company wants to have $40,000 at the beginning of each 6-month period for the next years. If an annuity is set up for this purpose, how much must be invited now if the annuity 2 earns 6,62%, compounded semiannually? (a) Decide whether...
Find future value. (Round your answer to the nearest cent.) $2,000 8% 2 years Quarterly Future value
Calculate the accumulated amount of end-of-month payments of $5,000 made at 3.21% compounded quarterly for 4 years. Round to the nearest cent How much should Austin have in a savings account that is earning 4.50% compounded quarterly, if he plans to withdraw $2,400 from this account at the end of every quarter for 9 years? Round to the nearest cent Zachary deposits $350 at the end of every quarter for 4 years and 6 months in a retirement fund at...
Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $1400/semiannual period for 8 yr at 9%/year compounded semiannually Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $100/month for 14 yr at 15%/year compounded monthly
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