Question

For the following ordinary annuity, determine the size of the periodic payment.

Future Value |
Present Value |
Payment Period |
Term of Annuity |
Interest Rate |
Conversion Period |

– |
$19,300.00 |
1 quarter |
14 years |
10.5% |
quarterly |

The payment is $__.

(Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.)

Answer #1

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Determine the size of the periodic payment of the following
ordinary general annuity.
Future Value
Payment Period
Term of Annuity
Interest Rate
Conversion Period
$16 comma 500
six months
9 years
11.4%
quarterly
The periodic payment is $
nothing.
(Round the final answer to the nearest cent as needed. Round
all intermediate values to six decimal places as

Find the future value of the following ordinary annuity.
Periodic Payment
Payment Interval
Term
Interest Rate
Conversion Period
$122.00
1 month
5
years
4%
quarterly
The future value is
$nothing.
(Round the final answer to the nearest cent as needed. Round
all intermediate values to six decimal places as needed.)

Find the present value of the following perpetuity.
Perpetuity Payment
Made
At:
Payment Period
Interest Rate
Conversion Period
$370
beginning
3 months
6.2%
monthly
The present value is $__.
(Round the final answer to the nearest cent as needed. Round
all intermediate values to six decimal places as needed.)

For the following annuity due, determine the nominal annual
rate of interest.
Future Value
Present
Value
Periodic
Rent
Payment Period
Term
Conversion Period
$6,818
–
$490
1 year
9
years
monthly

Find the present value of the following perpetuity.
Perpetuity Payment
Made
At:
Payment Period
Interest Rate
Conversion Period
$2,400
end
1 year
11.8%
semi-annually
The present value is $__.
(Round the final answer to the nearest cent as needed. Round all
intermediate values to six decimal places as needed.)

Present value of an ordinary annuity. Fill in the missing
present values in the following table for an ordinary annuity:
LOADING... . Number of Payments or Years Annual Interest Rate
Future Value Annuity Present Value 9 7% 0 $235.49
$nothing (Round to the nearest cent.)

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

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 payment that should be used for the annuity due whose
future value is given. Assume that the compounding period is the
same as the payment period. $19,000; quarterly payments for 9
years; interest rate 5.8% The payment should be $___ (Round to the
nearest cent as needed.)

Future Value: Ordinary Annuity versus Annuity
Due
What is the future value of a 7%, 5-year ordinary annuity that
pays $650 each year? Do not round intermediate calculations. Round
your answer to the nearest cent.
$
If this were an annuity due, what would its future value be? Do
not round intermediate calculations. Round your answer to the
nearest cent.
$

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