Question

For each of the following annuities, calculate the future value.(Enter rounded answers as directed, but...

For each of the following annuities, calculate the future value.(Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).)

Future ValueAnnual PaymentInterest Rate                       Years

$

$1,580

5%


10

$


6,980

6



39

$


3,780

3



9

$


8,490

7



34

Homework Answers

Answer #1

Please refer to below spreadsheet for calculation and answer. Cell reference also provided.

Cell reference -

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
For each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed,...
For each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g.,32.16).) Cash Flow Future Value Interest Rate                        Years $ $ 25,250 9 % 8 $ 1,070,000 11 37 $ 904,000 12 23 $ 143,000 8 12
r each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed,...
r each of the following annuities, calculate the annual cash flow. (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Cash Flow Present Value Interest Rate                        Years $ $ 32,300 9 % 6 $ 29,500 7 8 $ 158,000 12 19 $ 228,900 11 23
Problem 5-8 Calculating Annuity Values [LO 1] For each of the following annuities, calculate the future...
Problem 5-8 Calculating Annuity Values [LO 1] For each of the following annuities, calculate the future value. (Enter rounded answers as directed, but do not use rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16).) Future Value Annual Payment Interest Rate                        Years $ $ 1,500 8 % 10 $ 5,000 9 40 $ 3,200 6 9 $ 7,500 10 30 References eBook & Resources
For each of the following annuities, calculate the future value. (Do not round intermediate calculations and...
For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Future Value Annual Payment Years Interest Rate $1,520 10 9 % $6,540 34 10 $3,640 9 7 $8,330 36 11
For each of the following annuities, calculate the future value. (Do not round intermediate calculations and...
For each of the following annuities, calculate the future value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Future Value Annual Payment Years Interest Rate $ $ 1,430 10 6 % 5,880 43 7 3,430 9 4 8,090 35 8
For each of the following annuities, calculate the present value. (Do not round intermediate calculations and...
For each of the following annuities, calculate the present value. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Present Value Annuity Payment Years Interest Rate $2,550 7 8 % $1,445 9 7 $12,955 20 9 $32,900 26 11
For each of the following, compute the present value (Do not include the dollar signs ($)....
For each of the following, compute the present value (Do not include the dollar signs ($). Enter rounded answers as directed, but do not use the rounded numbers in intermediate calculations. Round your answers to 2 decimal places (e.g., 32.16)): Present Value Years Interest Rate Future Value $ 12 4 % $ 17,328 $ 4 9 41,517 $ 16 12 790,382 $ 21 11 647,816
Compute the future values of the following annuities first assuming that payments are made on the...
Compute the future values of the following annuities first assuming that payments are made on the last day of the period and then assuming payments are made on the first day of the period: (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) Payment Years Interest Rate(Annual) 173. 14. 11% 5,055. 9. 10% 74,984. 6. 12% 167,832. 10 3%
For each of the following annuities, calculate the future value.   Future Value Annual Payment Years Interest...
For each of the following annuities, calculate the future value.   Future Value Annual Payment Years Interest Rate ?????? $1,730 10 10% ?????? 8,080 33 11 ????? 4,130 9 8 ?????? 8,890 28 12
For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations...
For each of the following annuities, calculate the annual cash flow. (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) Cash Flow Present Value Years Interest Rate $ $ 31,800 6 11 % 28,750 8 9 150,500 14 14 219,900 19 13
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT