Find the Present Value of a 1 year annuity due of $484 per month if the interest rate is 1.99% compounded monthly.
Find the Present Value of a 1 year annuity due of $484 per month if the...
Find the present value of annuity if a) the withdrawal is to be $500 per month for 36 months at 4% compounded monthly b) $1000 per year for 3 years at 3% compounded annually.
Determine the present value of an annuity due of $1,000 per month for 15 years discounted back to present at 12 percent compounded monthly. What would be the present value if it were a regular annuity?
find the present value of the given annuity. $ 533 per month for 36 months at the rate of 3.9 % compounded monthly
A 16-year annuity pays $1,300 per month, and payments are made at the end of each month. The interest rate is 13 percent compounded monthly for the first six years and 12 percent compounded monthly thereafter. What is the present value of the annuity?
9. A 15-year annuity pays $1,500 per month, and payments are made at the end of each month. If the interest rate is 13% compounded monthly for the first seven years, and 10% compounded monthly thereafter, what is the present value of the annuity? (16 Marks)
A 15-year annuity pays $2,000 per month, and payments are made at the end of each month. The interest rate is 11 percent compounded monthly for the first Six years and 9 percent compounded monthly thereafter. Required: What is the present value of the annuity? $181,632.49 $185,265.14 $2,179,589.93 $177,999.84 $252,753.46 <This was wrong
Find the accumulated value of an annuity due with payments of $10,000 per quarter for 4 yrs, if interest is compounded monthly at a nominal rate of 6%.
A 19-year annuity pays $1,300 per month, and payments are made at the end of each month. The interest rate is 11 percent compounded monthly for the first Five years and 10 percent compounded monthly thereafter. Required: What is the present value of the annuity? rev: 09_17_2012 $177,098.00 $125,088.20 $130,193.84 $1,531,692.22 $127,641.02
1. Find the accumulated value of an annuity due of $500 payable at the beginning of every month for nine years at 8% compounded monthly. 2. Lily purchased a boat valued at $19 000 on an installment plan requiring equal monthly payment for four years. If the first payment is due on the date of purchase and interest is 6.2% compounded monthly, what is the size of the monthly payment? 3. A car can be purchased by paying $27 000...
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 5.4%, compounded quarterly. (Round your answer to the nearest cent.) $ 26554.62 A year-end bonus of $21,000 will generate how much money at the beginning of each month for the next year, if it can be invested at 6.6%, compounded monthly? (Round your answer to the nearest cent.) Need Help? Master It