Acme Annuities recently offered an annuity that pays 6.6% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $107,000 in 15 years?
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityAcme annuities recently offered an annuity that pays 6.0% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $99,000 in 14 years?Acme Annuities recently offered an annuity that pays 5.4% compounded monthly. What equal monthly deposit should be made into this annuity in order to have $200,000 in 12 years? The amount of each deposit should be $ (Round to the nearest cent.) O
- Acme Annunities recently offered an annuity that pays 4.8% compounded monthly. what equal monthly deposit should be made into this annuity in order to really have 163,000 in 8 years?Recently, More Money 4U offered an annuity that pays 6.3% compounded monthly. If $1.256 is deposited into this annuity every month, how much is in the account after 12 years? How much of this is interest? Type the amount in the account: (Round to the nearest dollar.)Recently, More Money 4U offered an annuity that pays 5.1% compounded monthly. If $1,706 is deposited into this annuity every month, how much is in the account after 10 years? How much of this is interest? Type the amount in the account: $ (Round to the nearest dollar.)
- American General offers 11-year annuity with a guaranteed rate of 6.42% compounded annually. How much should you pay for these annuities if you want to receive payments of 1500$ annually over the 11 year period? How much should the customer pay for this annuity?A company wants to have $50,000 at the beginning of each 6-month period for the next 4.5 years. If an annuity is set up for this purpose, how much must be invested now if the annuity earns 6.23%, compounded semiannually?Recently, More money 4U offered an annuity that pays 6.0% compounded monthly. If $1,264 is deposited into this annuity every month, how much is in the account after 12 years? How much of this is interest?
- American General offers a 16-year annuity with a guaranteed rate of 6.07% compounded annually. How much should you pay for one of these annuities if you want to receive payments of $2000 annually over the 16 year period? How much should a customer pay for this annuity? (Round to the nearest cent.)if you want to be paid from a 15 year ordinary annuity with a guaranteed rate of 4.277% compounded annually, how much should you pay for one of these annuities if you want to receive annual payments of $10,000.00 over the 15 year period?What is the value of a 30-year annuity that pays $2500 a year? The annuity’s first payment will be received on year 11. Also, assume that the annual interest rate is 4 percent for years 1 through 10 and 5 percent hereafter.