Annual payment # of years Rate Output area: a) PV of ordinary annuity PV of annuity due b) FV of ordinary annuity FV of annuity due $ 14,500 5 7.1%
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- Value of an Annuity Using the appropriate tables, solve each of the following. Required: 1. Beginning December 31, 2020, 5 equal withdrawals are to be made. Determine the equal annual withdrawals if 30,000 is invested at 10% interest compounded annually on December 31, 2019. 2. Ten payments of 3,000 are due at annual intervals beginning June 30, 2020. What amount will be accepted in cancellation of this series of payments on June 30, 2019, assuming a discount rate of 14% compounded annually? 3. Ten payments of 2,000 are due at annual intervals beginning December 31, 2019. What amount will be accepted in cancellation of this series of payments on January 1, 2019, assuming a discount rate of 12% compounded annually?Present value (in $) of an annuity due AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $1,700 every year 5 5.7 annually $Payment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $4,000 every year 20 4 annually
- Calculate the present value of the following annuities, assuming each annuity payment is made at the end of each compounding period. (FV of $1, PV of $1, FVA of $1, and PVA of $1) Annuity Payment Annual Rate Interest Compounded Period Invested Present Value of Annuity 1. $5,200 7.0 % Annually 5 years 2. 10,200 10.0 % Semiannually 3 years $4,264.21 3. 4,200 12.0 % Quarterly 2 yearsnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $800 every month 2 1/4 1 4 6 monthlyPresent value interest factor of an (ordinary) annuity of $1 per period at i% for n periods, PVIFA(i,n). 4.0% 4.5% 5.5% 1.0% 0.9901 1.5% 0.9852 2.0% 0.9804 1.9416 2.5% 0.9756 1.9274 3.0% 0.9709 3.5% 0.9662 1.8997 2.8016 1.9704 1.9559 1.9135 2.9410 2.9122 2.8839 2.8560 2.8286 0.9615 1.8861 2.7751 3.6299 4.4518 3.9020 3.8544 3.8077 3.7620 3.7171 3.6731 0.9569 1.8727 2.7490 3.5875 4.3900 5.1579 5.8927 6.5959 4.8534 4.7826 4.7135 4.6458 4.5797 4.5151 5.3286 5.7955 5.6972 5.6014 5.5081 5.4172 5.0% 0.9524 1.8594 2.7232 3.5460 4.3295 5.0757 5.7864 6.4632 7.1078 7.7217 8.3064 8.8633 6.7282 6.5982 6.4720 6.3494 6.2303 5.2421 6.0021 6.7327 6.1145 7.6517 7.4859 7.3255 7.1701 7.0197 6.8740 8.5660 8.3605 8.1622 7.9709 7.7861 7.6077 7.4353 7.2688 9.4713 9.2222 8.9826 8.7521 8.5302 8.3166 8.1109 7.9127 10.3676 10.0711 9.7868 9.5142 9.0016 8.7605 8.5289 10.9075 10.5753 10.2578 9.3851 9.1186 9.9856 10.5631 11.2551 12.1337 13.0037 13.8651 14.7179 15.5623 16.3983 9.2526 9.9540 11.7315 11.3484 10.9832…
- Determine the future value of the annuity due: Periodic Payment Nominal Compounding Payment ($) Interval Term Rate (%) Frequency 750 6 months 6½ years 9 QuarterlyK Use the ordinary annuity formula to determine the accumulated amount in the annuity. Round to the nearest cent. $225 is invested quarterly for 7 years at 7% compounded quarterly OA. $14,041.15 OB. $8,741.14 OC. $8,041.02 OD. $8,441.04Present values and Ordinary Annuity and Annuity Due A.) Find the present value of each of the following ordinary annuities. Complete the table Term of Annuity Compounding Period Annuity Payment Rate of Interest Present Value L1) Php 6.800 2 vears 6% monthly
- AnnuityPayment PaymentFrequency TimePeriod (years) NominalRate (%) InterestCompounded Present Valueof the Annuity $200 every month 2 1 4 6 monthly $Complete the ordinary annuity as an annuity due (future value) for the following: (Please use the following provided Table) Note: Do not round intermediate calculations. Round your answer to the nearest cent. $ Amount of payment Payment payable 5,000 Annually Years Interest rate 5% 5 Annuity dueFuture value interest factor of an ordinary annuity of $1 per period at i% for n periods, FVIFA(i,n). Period 5.0% 5.5% 6.0% 1.0% 1.0000 1.5% 1.0000 2.0% 1.0000 1 1.0000 1.0000 1.0000 1.0000 1.0000 2 2.0050 2.0100 2.0150 2.0200 2.0250 2.0300 2.0350 1.0000 2.0400 3.1216 3 3.0150 3.0301 3.0452 3.0756 3.0909 3.1062 4 4.0301 3.0604 4.1216 5.2040 4.1525 4.1836 4.2149 4.2465 5 4.0604 4.0909 5.1010 5.1523 6.1520 6.2296 6.3081 5.0503 5.2563 5.3091 5.3625 5.4163 6 6.0755 6.3877 6.4684 6.5502 6.6330 7 7.1059 7.5474 7.6625 7.7794 7.4343 8.4328 8.5830 8 8.1414 9 10 11 12 13 14 15 16 17 18 19 6.5% 7.0% 7.5% 9.0% 8.5% 0.0% 0.5% 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 2.0450 2.0500 2.0550 2.0600 2.0650 2.0700 2.0750 2.0800 2.0850 2.0900 2.0950 3.1370 3.1525 3.1680 3.1836 3.1992 3.2149 3.2306 3.2464 3.2622 3.2781 3.2940 4.2782 4.3101 4.3423 4.3746 4.4072 4.4399 4.4729 4.5061 4.5395 4.5731 4.6070 5.4707 5.5256 5.5811 5.6371 5.6936 5.7507 5.8084 5.8666 5.9254 5.9847 6.0446…
