Create a table for an ordinary annuity. Show the periodic deposits (up to 10 period and the accumulated amount at the end of each deposit period.
Q: Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate…
A: Given, A= $12,800 rate = 8% years = 7
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A: Information Provided: Monthly deposits = $400 Term = 10 years Interest rate = 3%
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Q: Determine the size of the periodic payment of the following ordinary general annuity Future Value…
A: The computation as follows:
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Q: Determine the interest rate earned on a $200 deposit when $208 is paid back in one year.
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Q: Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
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Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
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Q: monthly payments, antique, find the future value of the annuity.
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A: Monthly deposits =$500 Interest =4% Monthly interest = 0.04/12 =0.33% Time =11 years Monthly period…
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Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
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Q: Find the term of the following ordinary general annuity. State your answer in years and months (from…
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- The present value of an annuity due is determined on the last day of the first annuity period. on the first day of the last annuity period. on the last day of the last annuity period. on the date of the first cash flow in the series.For each of the following cases, calculate the present value of the annuity, assuming the annuity cash flows occur at the end of each year. SEE DETAILS IN PICThe present value of an ordinary annuity is determined on the last day of the first annuity period. on the first day of the first annuity period. on the last day of the last annuity period. immediately before the first cash flow in the series occurs.
- In this type of annuity, payment is made at the end of each period starting from the first period. ordinary annuity annuity due deferred annuity perpetuityIn the given figure all five deposits were made at the end of each period - the first deposit being made at the end of the first period. Suppose that all deposits were made at the beginning of each period instead or commonly known as " annuity due:· How would you compute the balance at the end of period 5?Annuities where the payments occur at the end of each time period are called whereas refer to annuity streams with payments occurring at the beginning of each time neriod
- An annuity due is one in which _____. a. payments or receipts occur at the beginning of each period b. payments or receipts occur at the end of each period c. cash flows occur continuously d. payments or receipts occur foreverDetermine whether the scenario below represents an annuity. In at least one complete C. sentence, explain your reasoning and justify your answer. A debt of four quarterly payments in the amounts of $100, $200, $300, and $400.The present value of an annuity due is: at the same point in time as the first payment. one period before the first payment. one period after the first payment.
- In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period. Find the amount of time needed for the sinking fund to reach the given accumulated amount. (Round your answer to two decimal places.) $295 monthly at 5.8% to accumulate $25,000.The deferral period lasts from the original deposit date (lump sum) up until the start of the term for the annuity. True 6. FalseDistinguish between the present value of $1 and the present value of an annuity due of $1.