The present value of an ordinary annuity:-
=PV(rate,nper,pmt)
=PV(11%/4,20*4,-400)
=12885.18
Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount...
Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of Deposit " mueposit m Frequency Frequency quarterly n Rate Rate 14% Time the 25 yr t $400 $
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...
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,5 3/4 % interest, one year I would like the answer without using excel please.
Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.) Find the present value of an ordinary annuity with deposits of $23,644 every 6 months for 5 years at 5.2% compounded semiannually What is the present value? (Round to the nearest cent.)
Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.) Amount Needed A Frequency n Rate r Time t $75,000 quarterly 1.2% 5 yr
(Round to the nearest cent) in order Future value of an annuity Using the values below, answer the questions that follow. (Click on the icon here to copy the contents of the data table below into a spreadsheet.) Amount of annuity $6,500 Interest rate 5% Deposit period (years) 7 a. Calculate the future value of the annuity, assuming that it is (1) An ordinary annuity. (2) An annuity due. b. Compare your findings in parts a(1) and a(2). All else...
Find the future value of an ordinary annuity of $4,000 paid quarterly for 3 years, if the interest rate is 7%, compounded quarterly. (Round your answer to the nearest cent.)
1.Future Value: Ordinary Annuity versus Annuity Due What is the future value of a 3%, 5-year ordinary annuity that pays $250 each year? Round your answer to the nearest cent. $ If this were an annuity due, what would its future value be? Round your answer to the nearest cent. $ 2. Present and Future Value of an Uneven Cash Flow Stream An investment will pay $100 at the end of each of the next 3 years, $400 at the...
Use Table 12-1 to calculate the future value of the following annuity due. Round your answer to the nearest cent. Click here for Table 12-1 Annuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future Value of the Annuity every month monthly $ Solve the following by using Table 12-1. Suntech Distributors, Inc., deposits $6,000 at the beginning of each 3-month period for 6 years in an account paying 6% interest compounded quarterly. Round your answers to...