WHAT IS THE ACCUMULATED AMOUNT OF THE FIVE-YEAR ANNUITY PAYING P6,000.00 AT THE END OF EACH YEAR, WITH INTEREST AT 15% COMPOUNDED ANNUALLY? a.P41,454.29 b.P40,544.29 c.P41,114.29 d.P40,454.29
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WHAT IS THE ACCUMULATED AMOUNT OF THE FIVE-YEAR ANNUITY PAYING P6,000.00 AT THE END OF EACH YEAR, WITH INTEREST AT 15% COMPOUNDED ANNUALLY?
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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?Find the present value of the ordinary annuity: Payments of $450 made annually for 13 years at 6% compounded annually. a. $ 4182.75 b. $ 3772.71 c. $3982.28 d. $ 3983.71What is the future value of an ordinary annuity with annual payments of $1200 for 20 years at 10% p.a. compounded annually? Select one: a. $68,729.99 b. $48,964.86 c. $68,112.18 d. $68,279.99
- What is the present value of an annuity of 19 annual payments where the first payment is in twelve years and each payment is P1,200 P1589.92 P1859.92 P1958.29 P1895.29What is the present value of an ordinary annuity that pays $1,000 per year for 4 years, assuming the annual discount rate is 7 percent? a. $3,051.58 b. $762.90 c. $3,624.32 d. $3,738.32 e. $3,387.211. The present value of an annuity of P5,000 to be received at the end of each of the next six months for 6 years at a 4% annual rate would be? a. P3,950 b. P26,210 c. P52,875 d. None of the above 2. What is the value of P 100 perpetuity if interest is 7%? a. P 1,429 b. P12,321 c. P 21,350 d. None of the above
- How much will be the future value of a 5-year ordinary annuity which has annual payments of $200, evaluated at a 7.5% semi-annual interest rate? a. $3,828.34 b. $287.13 c. $1,161.68 d. $1,348.48if P20,879 is deposited each year for 8 years at an interest rate of 10.257% compounded bi-monthly, how much annuity can a person get annually one year after the last deposit for the next 6 years? a. 36,975.321 b. 68.054.972 c. 48.036.981 d. 57,415.409What is the present value of an annuity consisting of payments of $800 every month for 8 years, with the first cash flow occurring in one month, if the interest rate is 7% p.a., compounded monthly? Select one: a. $4889.84 b. $4777.04 c. $58678.05 d. $58649.67
- What is the present worth of a 3 years annuity paying P300,000.00 at the end of each year, with interest at 28% compounded annually? O a P560,135.62 O b. P560,513.62 c. P506,531.62 O d. P560,531.62 Clear my choiceWhat is the accumulated amount of a 9-year annuity paying P 1,109at the end of each year, with interest at 2% compounded annually?A ten-year annuity has an interest rate of 12% with individual cash flows of $150 at every end of the year. What is the present value of the annuity? Select one: a. $ 56.50 b. $ 756.78 c. $ 48.30 d. $ 847.53