How much is the price of a perpetual annuity with quarterly
payments of $200 starting 4...
How much is the price of a perpetual annuity with quarterly
payments of $200 starting 4 years from now and discount rate (dr)
8%? Price is always the period prior to the first payment.
An
annuity immediate has 40 initial quarterly payments of 20 followed
by perpetuity of quarterly payments of 25 starting in the eleventh
year. Find the present value at 4% convertable quarterly.
How much would you be willing to pay for a 10-year ordinary
annuity if the payments are $500 per year and the interest rate is
6.25% compounded annually ?
What is the present value of an annuity consisting of 5 annual
payments of $200 with an interest rate of 8% p.a. compounded
annually and the first payment made immediatel
a $889.68 B) $643.77 C) $862.43 D) $798.54
What is the present value of an annuity consisting of 5 annual
payments of $200 with an interest rate of 8% p.a. compounded
annually and the first payment made immediatel
a $889.68 B) $643.77 C) $862.43 D) $798.54
A.) If you make quarterly payments of$331.00 into an ordinary
annuity earning an annual interest rate of 5.47%, how much will be
in the account after 4 years?
B.) If you make monthly payments of $464.00 into an ordinary
annuity earning an annual interest rate of 7.4% compounded monthly,
how much will you have in the account after 5 years? After 9
years?
C.) In 3 years Harry and Sally would like to have $26,000.00 for
a down payment on...
3-year annuity immediate with monthly payments has an initial
payment of 200. Subsequent monthly payments are x% more than each
preceding payment. Given that the amount of the 14th payment is
481.969, determine the present value of the annuity using a 9%,
compounded monthly, interest rate.
Find the future value of an ordinary annuity of $20 paid
quarterly for 4 years, if the interest rate is 9%, compounded
quarterly. (Round your answer to the nearest cent.)
$
A lottery offers the chance to win a prize of receiving payments
forever starting with $200 for the first payment followed by each
consecutive payment increasing by $250 until the payment size
reaches $700. If you receive a payment every quarter, with the
first in one quarter and interest is earned at j4 = 5%,
what amount must the lottery have in the account today to fund the
prize?
A 10-year annuity making quarterly payments of 3250 will make
its first payment 11 years and 3 months from today. You would like
to purchase this annuity 2 years from today. If you want to earn an
effective annual rate of 4.5% what should you be willing to pay 2
years from now? Enter your answer below to the nearest dollar.