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0 X Data Table What is the present value of an ordinary annuity with annual payments of $660 at 7% annual interest for 25 years?
0 X Data Table What is the present value of an ordinary annuity with annual payments of $660 at 7% annual interest for 25 years? Click the icon to view the table. Present Value of a $1.00 Ordinary Annuity The present value of an ordinary annuity is $ (Round to the nearest cent as needed.) Rate per period Periods 2% 3% 4% 5% 6% 7% 8% 9% 10% 1 0.980 0.971 0.962 0.952 0.943 0.935 0.926 0.917 0.909 2 1.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.736 3 2.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.487 4 3.808 3.717 3.630 3.546 3.465 3.387 3.312 3.240 3.170 5 4.713 4.580 4.452 4.329 4.212 4.100 3.993 3.890 3.791 6 5.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.355 7 6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.868 8 7.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.335 9 8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759 10 8.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.145 11 9.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.495 12 10.575 9.954 9.385 8.863 8.384 7.943 7.536 7.161 6.814 13 11.348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.103 14 12.106 11.296 10.563 9.899 9.295 8.745 8.244 7.786 7.367 15 12.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.606 16 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 17 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 18 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 19 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 20 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 Print Done Enter your answer in the answer box
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