Question

Find the future value of an ordinary annuity of $4,000 paid
quarterly for 6 years, if the interest rate is 7%, compounded
quarterly. (Round your answer to the nearest cent.)

Answer #1

Find the future value of an ordinary annuity of $3,000 paid
quarterly for 9 years, if the interest rate is 7%, compounded
quarterly. (Round your answer to the nearest cent.)

Find the future value of an ordinary annuity of $1,000 paid
quarterly for 9 years, if the interest rate is 9%, compounded
quarterly. (Round your answer to the nearest cent.)

Find the future value of an ordinary annuity of $7,000 paid
quarterly for 4 years, if the interest rate is 8%, compounded
quarterly. (Round your answer to the nearest cent.)

a) Find the future value of an ordinary annuity of $4,000 paid
quarterly for 9 years, if the interest rate is 8%, compounded
quarterly. (Round your answer to the nearest cent.)
$ =
b) Patty Stacey deposits $1600 at the end of each of 5 years
in an IRA. If she leaves the money that has accumulated in the IRA
account for 25 additional years, how much is in her account at the
end of the 30-year period? Assume an...

Find the future value of an ordinary annuity if payments are
made in the amount R and interest is compounded as given. Then
determine how much of this value is from contributions and how much
is from interest
R=9200, 6% interest compounded semiannually for 7 years.
The future value of the ordinary annuity is $____?
Round to the nearest cent as needed
The amount from contributions is $___? and the amount from
interest is $___?
Round to the nearest cent...

find the future values of the following ordinary annuities:
a) FV of $600 paid each 6 months for 5 years at a nominal rate
of 6% compounded semiannually. Do not round intermediate
calculations. Round your answer to the nearest cent.
b) FV of $300 paid each 3 months for 5 years at a nominal rate
of 6% compounded quarterly. do not round intermediate calculations.
round your answer to the nearest cent.
c) these annuities recieve the same amount of cash...

Find the future values of the following ordinary annuities: FV
of $600 paid each 6 months for 5 years at a nominal rate of 13%
compounded semiannually. Round your answer to the nearest cent. $
FV of $300 paid each 3 months for 5 years at a nominal rate of 13%
compounded quarterly. Round your answer to the nearest cent. $
These annuities receive the same amount of cash during the 5-year
period and earn interest at the same nominal...

a. Find the future value of the ordinary annuity. (Round your
answer to the nearest cent.) $120 monthly payment, 5.5% interest, 1
year
b. Find the future value (FV) of the annuity due. (Round your
answer to the nearest cent.) $170 monthly payment, 6% interest, 14
years

Future Value of an Annuity for Various Compounding Periods Find
the future values of the following ordinary annuities. FV of $200
each 6 months for 4 years at a nominal rate of 8%, compounded
semiannually. Do not round intermediate calculations.
Round your answer to the nearest cent. $ 2127.33 **incorrect**
why is this wrong?
FV of $100 each 3 months for 4 years at a nominal rate of 8%,
compounded quarterly. Do not round intermediate calculations. Round
your answer to...

Find the future values of the following ordinary annuities:
FV of $200 paid each 6 months for 5 years at a nominal rate of
5% compounded semiannually. Do not round intermediate calculations.
Round your answer to the nearest cent.
$
FV of $100 paid each 3 months for 5 years at a nominal rate of
5% compounded quarterly. Do not round intermediate calculations.
Round your answer to the nearest cent.
$
These annuities receive the same amount of cash during...

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