Question

f. What is the present value of an ordinary annuity of ​$1,300 per year for 11...

f. What is the present value of an ordinary annuity of ​$1,300 per year for 11 years discounted back to the present at 11 ​percent?

g. What is the present value of an annuity due of ​$1,300 per year for 11 years discounted back to the present at 11 ​percent?

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
what is the present value of the following annuity? 2095 every year at the end of...
what is the present value of the following annuity? 2095 every year at the end of the year for the next 13 years, discounted back to t he present at 7.42 percent per year compounded annually
What is the present value of $3,500 per year for 9 years discounted back to the...
What is the present value of $3,500 per year for 9 years discounted back to the present at 11 percent? The present value of $3,500 per year for 9 years discounted back to the present at 11 percent is__$ Please show your work.
What is the future value of an ordinary annuity of $1,000 per year for 9 years...
What is the future value of an ordinary annuity of $1,000 per year for 9 years compounded at 10 percent? What would be the future value if it were an annuity due?
What is the future value of an ordinary annuity of 1000 USD per year for 7...
What is the future value of an ordinary annuity of 1000 USD per year for 7 years compounded at 10 percent? What would be the future value it it were an annuity due?
Regarding the present value of an annuity, the present value of a nine year ordinary annuity...
Regarding the present value of an annuity, the present value of a nine year ordinary annuity will always be worth less compared to the present value of a nine year annuity due. i think it is true, please verify i am correct!
What is the present value of the following annuity? $4,936 every half year at the beginning...
What is the present value of the following annuity? $4,936 every half year at the beginning of the period for the next 4 years, discounted back to the present at 8.33 percent per year, compounded semiannually.
​(Future value of an ordinary​ annuity) What is the future value of ​$480 per year for...
​(Future value of an ordinary​ annuity) What is the future value of ​$480 per year for 8 The future value of ​$480 per year for 8 years compounded annually at 11 percent is ​$nothing. ​(Round to the nearest​ cent.)
If the present value of an ordinary, 2-year annuity is $6,600 and interest rates are 10...
If the present value of an ordinary, 2-year annuity is $6,600 and interest rates are 10 percent, what's the present value of the same annuity due?
If the present value of an ordinary, 4-year annuity is $5,000 and interest rates are 10...
If the present value of an ordinary, 4-year annuity is $5,000 and interest rates are 10 percent, what's the present value of the same annuity due?
What is the present value of the following annuity? $3,868 every half year at the beginning...
What is the present value of the following annuity? $3,868 every half year at the beginning of the period for the next 3 years, discounted back to the present at 6.78 percent per year, compounded semiannually. Round the answer to two decimal places.