use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. pv=16000, I=0.005, pmt=600, n=? round up to the nearest integer
use the formula for the present value of an ordinary annuity or the amortization formula to...
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV=$10,000 I =0.01 PMT=$500 N =? N =? (Round up to the nearest integer.)
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV = $12,000; PMT = $400; n = 40; i = ? i=(Type an integer or decimal rounded to three decimal places as needed.)
Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following problem. PV = $12,000; PMT= $400; n = 55; i = ? -(Type an integer or decimal rounded to three decimal places as needed.) TA oc OL ny Coi ani
PV=$17,000,i=0.03; PMT=$600 , n = ?Use the formula for the present value of an ordinary annuity or the amortization formula to solve the following
Use present value ordinary annuity or amoritization formula to find N PV =7,000 i=0.025, payment-650 what is n?
Use the future value formula to find the indicated value. FV =9,000; i = 0.04, PMT = $600; n = ? n= (Round up to the nearest integer as needed.)
Please show the formula and answer in Excel f. Find the PV of an ordinary annuity that pays $1,000 at the end of each of the next 5 years if the interest rate is 15%. Then find the FV of that same annuity. Inputs: PMT = $ 1,000 N = 5 I/YR = 15% PV: Use function wizard (PV) PV = FV: Use function wizard (FV) FV =
Complete the following for the present value of an ordinary annuity (Please use the following provided Table ) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount annuity expected $15,500 Present value (amount needed now to invest to receive annuity) Payment Quarterly Time 6 Years Interest 8%
Use Table 12-2 to calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Present Value of the Annuity $3,000 every year 20 4 annually $ Use Table 12-2 to calculate the present value (in $) of the ordinary annuity. (Round your answer to the nearest cent.) Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Present Value...
Use the future value formula to find the indicated value. FV = 4,000; i = 0.03; PMT = $800; n = ? (Round up to the nearest integer as needed.)