Question

Present value of an ordinary annuity. Fill in the missing present values in the following table...

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.)

Homework Answers

Answer #1

Calculating The Present Value of ordinary annuity using Excel Present Value formula:-

SO, the Present value of ordinary annuity is $1534.27

If you need any clarification, you can ask in comments.     

If you like my answer, then please up-vote as it will be motivating            

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
Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates...
Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream. Number of Payments or Years Annual Interest Rate Future Value Annuity Present Value 1010 ​? ​$0.000.00     ​$500.00500.00 ​$2 comma 307.382,307.38 1616 ​? ​$10 comma 302.6410,302.64 ​$401.31401.31 ​$0.000.00 4040 ​? ​$0.000.00 ​$2 comma 074.172,074.17 ​$40 comma 000.0040,000.00 9090 ​? ​$1 comma 036 comma 494.751,036,494.75 ​$650.00650.00 ​$0.000.00 Number of Payments or Years Annual Interest Rate Future Value...
For the following ordinary​ annuity, determine the size of the periodic payment. Future Value Present Value...
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.)
Determine the size of the periodic payment of the following ordinary general annuity. Future Value Payment...
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 an ordinary annuity if payments are made in the amount R...
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 value of the following ordinary annuity. Periodic Payment Payment Interval Term Interest Rate...
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 future value of an ordinary annuity of $3,000 paid quarterly for 9 years, if...
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.)
PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once...
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...
PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities. Discounting occurs once...
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...
Present Values: Please provide the calculations in MS Excel for the present value of an $7,000...
Present Values: Please provide the calculations in MS Excel for the present value of an $7,000 goal in 7 years at 7% discounted on an annual, semi-annual, quarterly, monthly, and daily basis to the nearest penny. Future Values: Please provide the calculations in MS Excel for a future value of an $7,000 investment today in 7 years at 7% compounded on an annual, semi-annual, quarterly, monthly, and daily basis to the nearest penny. Present Value of an Annuity: Please provide...
Find the future value of an ordinary annuity of $1,000 paid quarterly for 9 years, if...
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.)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT