Question

Find the present value of the following ordinary annuities:

a). $400 per year for 10 years at 10%

b). $200 per year for 5 years at 5%

c). $400 per year for 5 years at 0%

d). Now rework parts a,b,c assuming that payments are made at the beginning of each year; that is, they are annuities due.

Answer #1

In the ordinary annuity payment is made at the end of the period and in the annuity due payment is made at the beginning of the year.

Present value of ordinary annuity for all payment is calculated in excel and screen shot provided below:

d.

Now, present value of annuity due is calculated in excel and screen shot provided below:

Present value of a annuity. Find the present values of these
ordinary annuities. Discounting occurs once a year.
$400 per year for 10 years at 10%.
$200 per year for 5 years at 5%.
$400 per year for 5 years at 0%.
REWORK PARTS A,B,C assuming they are annuities due.

Find the future values of these ordinary annuities. Compounding
occurs once a year.
a. $400 per year for 10 years at 10%
b. $200 per year for 5 years at 5%
c. $400 per year for 5 years at 0%
d. Rework parts a, b, and c assuming they are annuities due

Find the present values of these ordinary
annuities. Discounting occurs once a year. Do not round
intermediate calculations. Round your answers to the nearest
cent.
$400 per year for 14 years at 8%.
$
$200 per year for 7 years at 4%.
$
$700 per year for 12 years at 0%.
$
Rework previous parts assuming they are annuities
due.
Present value of $400 per year for 14 years at 8%:
$
Present value of $200 per year for 7...

Find the present values of these ordinary annuities. Discounting
occurs once a year. Do not round intermediate calculations. Round
your answers to the nearest cent. $200 per year for 10 years at 6%.
$ $100 per year for 5 years at 3%. $ $700 per year for 4 years at
0%. $ Rework previous parts assuming they are annuities due.
Present value of $200 per year for 10 years at 6%: $ Present value
of $100 per year for 5...

4. Find the future value of the following annuities. The first
payment in these annuities is made at the end of Year 1, so they
are ordinary annuities. (Notes: If you are using a financial
calculator, you can enter the known values and then press the
appropriate key to find the unknown variable. Then, without
clearing the TVM register, you can "override" the variable that
changes by simply entering a new value for it and then pressing the
key for...

Find the future values of these ordinary
annuities. Compounding occurs once a year. Do not round
intermediate calculations. Round your answers to the nearest
cent.
$400 per year for 10 years at 16%.
$
$200 per year for 5 years at 8%.
$
$600 per year for 5 years at 0%.
$
Rework parts a, b, and c assuming they are annuities
due.
Future value of $400 per year for 10 years at 16%:
$
Future value of $200 per...

PRESENT VALUE
OF AN ANNUITY
Find the present
values of these ordinary annuities. Discounting
occurs once a year. Round your answers to the nearest cent.
$600 per year for 10
years at 6%.
$
$300 per year for 5
years at 3%.
$
$800 per year for 10
years at 0%.
$
Rework previous parts
assuming that they are annuities due. Round your answers
to the nearest cent.
$600 per year for 10
years at 6%.
$
$300 per year...

Find the present values of these ordinary annuities. Discounting
occurs once a year. Round your answers to the nearest cent.
$400 per year for 14 years at 6%.
$
$200 per year for 7 years at 3%.
$ $
600 per year for 4 years at 0%.
$
Rework previous parts assuming that they are annuities due.
Round your answers to the nearest cent.
$400 per year for 14 years at 6%.
$
$200 per year for 7 years at...

PRESENT VALUE OF AN ANNUITY
Find the present values of these ordinary
annuities. Discounting occurs once a year. Round your answers
to the nearest cent.
$200 per year for 12 years at 4%.
$
$100 per year for 6 years at 2%.
$
$300 per year for 16 years at 0%.
$
Rework previous parts assuming that they are annuities
due. Round your answers to the nearest cent.
$200 per year for 12 years at 4%.
$
$100 per year...

Find the present values of these ordinary
annuities. Discounting occurs once a year. Do not round
intermediate calculations. Round your answers to the nearest
cent.
$200 per year for 12 years at 4%.
$
$100 per year for 6 years at 2%.
$
$1,000 per year for 6 years at 0%.
$
Rework previous parts assuming they are annuities
due.
Present value of $200 per year for 12 years at 4%:
$
Present value of $100 per year for 6...

ADVERTISEMENT

Get Answers For Free

Most questions answered within 1 hours.

ADVERTISEMENT

asked 2 minutes ago

asked 2 minutes ago

asked 6 minutes ago

asked 49 minutes ago

asked 51 minutes ago

asked 51 minutes ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago

asked 1 hour ago