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Find the present value of the given future payment at the specified interest rate. $670 due in three years at 8 2 4% compounded quarterly The present value is _______. (Do not round until the final answer. Then round to the nearest cent as needed.)
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를 years at 9%, compounded quarterly. (Round your answer to the nearest cent.) Find the future value of an annuity due of $900 each quarter for 8 $45233.98 X Need Help? Raad Marit Talk to Tutor 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...
Find future value. (Round your answer to the nearest cent.) $2,000 8% 2 years Quarterly Future value
Find the future value of the given annuity. (Round your answer to the nearest cent.) ordinary annuity, $130 monthly payment,5 3/4 % interest, one year I would like the answer without using excel please.
Find the future value of the given annuity. (Round your answer to the nearest cent.) ordinary annuity, $185 monthly payment,6 1/8 % interest, eleven years
Find the future value of the given annuity. (Round your answer to the nearest cent.) ordinary annuity, $130 monthly payment,6 3 4 % interest, one year
answer a through c do not round until final answer to the nearest cent Math 120 - Quantitative Reasoning Homework: 4D Homework Score: 0 of 1 pt 2 of 5 (4 complete) HW SE 4.D.21 E Consider a student loan of $12,500 at a fixed APR of 6% for 2 years. a. Calculate the monthly payment. b. Determine the total amount paid over the term of the loan. c. Of the total amount paid, what percentage is paid toward the...
Consider the following future value. (Round your answers to the nearest cent.) $1,000 at 8% compounded annually for 7 years (a) Find the present value that will generate the given future value. $ ... (b) Interpret the present value. One would have to invest $ ... now to have the future value in the given time.
Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $350/month for 19 years at 7%/year compounded monthly