1. value: 1.80 points Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of paymentPayment payableYearsInterest rate $13,000 Semiannually 9 6% Value of annuity $ 2. value: 1.80 points Complete the ordinary annuity as an annuity due for the following. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of paymentPayment payableYearsInterest rate $4,600 Annually 14 4% Annuity due $ 3. value: 1.80 points Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of paymentPayment payableYearsInterest rate $3,400 Annually 3 7% Value of annuity $ 4. value: 1.80 points Complete the following for the present value of an ordinary annuity. (Use Table 13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of annuity expectedPayment Time $890 Annually 5 Years Interest 7% Present value (amount needed now to invest to receive annuity) $ 5. value: 1.80 points Complete the following for the present value of an ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of annuity expectedPayment Time $14,400 Quarterly5 Years Interest 8% Present value (amount needed now to invest to receive annuity) $ 6. value: 1.80 points Using the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Required amountFrequency of paymentLength of timeInterest rate $24,400 Quarterly 5 Years 8% Payment amount end of each period $ 7. value: 1.80 points Using the annuity table, complete the following. (Use Table 13.2). (Do not round intermediate calculations. Round your answer to the nearest cent.) Payment amount end of each period Frequency of payment Length of time Interest rate $1,490 Annually 9 Years 7% PV of Annuity $ 8. value: 1.80 points John Regan, an employee at Home Depot, made deposits of $700 at the end of each year for 6 years. Interest is 6% compounded annually. What is the value of John's annuity at the end of 6 years? (Use Table 13.1.) (Do not round intermediate calculations. Round your answer to the nearest cent.) John's annuity $ 9. value: 1.80 points After paying off a car loan or credit card, don't remove this amount from your budget. Instead, invest in your future by applying some of it to your retirement account. How much would $360 invested at the end of each quarter be worth in 8 years at 6% interest? (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of after 8 years $ 10. value: 1.80 points Jeff Associates borrowed $25,000. The company plans to set up a sinking fund that will repay the loan at the end of 7 years. Assume a 12% interest rate compounded semiannually. What must Jeff pay into the fund each period of time? (Use Table 13.3.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Payable amount $ 1. value: 1.80 points Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment Payment payable Years Interest rate $13,000 Semiannually 9 6% Value of annuity $ Value of annuity $304,387.20 2. value: 1.80 points Complete the ordinary annuity as an annuity due for the following. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment Payment payable Years Interest rate $4,600 Annually 14 4% Value of annuity Annuity due $ $87,508.45 3. value: 1.80 points Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment Payment payable $3,400 Annually Value of annuity Years Interest rate 3 7% Value of annuity $ $11,695.81 4. value: 1.80 points Complete the following for the present value of an ordinary annuity. (Use Table 13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Present value (amount needed Amount of annuity now to invest to expected Payment Time Interest receive annuity) $ 5 $890 Annually 7% 217.06 Years Present value of annuity $202.86 5. value: 1.80 points Complete the following for the present value of an ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of annuity expectedPayment Time $14,400 Present value of annuity 6. Quarterly5 Years $863.39 Interest 8% Present value (amount needed now to invest to receive annuity) $ value: 1.80 points Using the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Required amountFrequency of paymentLength of timeInterest rate $24,400 Quarterly Payment at end of each period 5 Years 8% Payment amount end of each period $ $1005.28 7. value: 1.80 points Using the annuity table, complete the following. (Use Table 13.2). (Do not round intermediate calculations. Round your answer to the nearest cent.) Payment amount end of each period Frequency of payment Length of time Interest rate $1,490 Annually 9 Years 7% Present value of annuity PV of Annuity $ $1,923.61 8. value: 1.80 points John Regan, an employee at Home Depot, made deposits of $700 at the end of each year for 6 years. Interest is 6% compounded annually. What is the value of John's annuity at the end of 6 years? (Use Table 13.1.) (Do not round intermediate calculations. Round your answer to the nearest cent.) John's annuity Total Annuity $ $4,882.71 9. value: 1.80 points After paying off a car loan or credit card, don't remove this amount from your budget. Instead, invest in your future by applying some of it to your retirement account. How much would $360 invested at the end of each quarter be worth in 8 years at 6% interest? (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of after 8 years $ FV $14,647.79 10. value: 1.80 points Jeff Associates borrowed $25,000. The company plans to set up a sinking fund that will repay the loan at the end of 7 years. Assume a 12% interest rate compounded semiannually. What must Jeff pay into the fund each period of time? (Use Table 13.3.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Payable amount PMT $ $1,190.00 Amount of Payment Year Rate of CI Compounded Period Periods (n) Rate FVIF Value of annuity $13,000 9 6% 2 18 3.00% 23.4144 $304,387.20 Amount of Payment Year Rate of CI Compounded Period Periods Rate FVIF Value of annuity $4,600 14 4% 1 14 4.00% 18.2919 $87,508.45 Amount of Payment Year Rate of CI Compounded Period Periods Rate (1+r)^n FVIF Value of annuity $3,400 3 7% 1 3 7.00% 122.50% 3.2149 $11,695.81 Time Rate of CI Compounded Period Periods Rate PVIF Amount of Annuity (Receive) Present value of annuity 5 7% 1 5 7.00% 4.1002 $890 $202.86 Time Rate of CI Compounded Period Periods Rate PVIF Amount of Annuity Present value of annuity 5 8% 4 20 2.00% 16.3514 $14,400 $863.39 PMT Time Rate of CI Compounded Period Periods Rate PVIF Total Amount $1,005.28 5 8% 4 20 2.00% 0.0412 $24,400 PMT Time Rate of CI Compounded Period Periods Rate PVIF Total Amount (PV) Present value of annuity $1,490 9 7% 1 9 7.00% 6.5152 $13,410 $1,923.61 PMT Time Rate of CI Compounded Period Periods Rate PVIF Total Annuity $700 6 6% 1 6 6.00% 6.9753 $4,882.71 PMT Time Rate of CI Compounded Period Periods Rate FVIF FV $360 8 6% 4 32 1.50% 40.6883 $14,647.79 PMT Time Rate of CI Compounded Period Periods Rate PVIF Total Amount $1,190.00 7 12% 2 14 6.00% 0.0476 $25,000 1. value: 1.80 points Complete the ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment Payment payable Years Interest rate $13,000 Semiannually 9 6% Value of annuity $ Value of annuity $304,387.20 2. value: 1.80 points Complete the ordinary annuity as an annuity due for the following. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment Payment payable Years Interest rate $4,600 Annually 14 4% Value of annuity Annuity due $ $87,508.45 3. value: 1.80 points Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of payment Payment payable $3,400 Annually Value of annuity Years Interest rate 3 7% Value of annuity $ $11,695.81 4. value: 1.80 points Complete the following for the present value of an ordinary annuity. (Use Table 13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Present value (amount needed Amount of annuity now to invest to expected Payment Time Interest receive annuity) $ 5 $890 Annually 7% 217.06 Years Present value of annuity $202.86 5. value: 1.80 points Complete the following for the present value of an ordinary annuity. (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of annuity expectedPayment Time $14,400 Present value of annuity 6. Quarterly5 Years $863.39 Interest 8% Present value (amount needed now to invest to receive annuity) $ value: 1.80 points Using the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Required amountFrequency of paymentLength of timeInterest rate $24,400 Quarterly Payment at end of each period 5 Years 8% Payment amount end of each period $ $1005.28 7. value: 1.80 points Using the annuity table, complete the following. (Use Table 13.2). (Do not round intermediate calculations. Round your answer to the nearest cent.) Payment amount end of each period Frequency of payment Length of time Interest rate $1,490 Annually 9 Years 7% Present value of annuity PV of Annuity $ $1,923.61 8. value: 1.80 points John Regan, an employee at Home Depot, made deposits of $700 at the end of each year for 6 years. Interest is 6% compounded annually. What is the value of John's annuity at the end of 6 years? (Use Table 13.1.) (Do not round intermediate calculations. Round your answer to the nearest cent.) John's annuity Total Annuity $ $4,882.71 9. value: 1.80 points After paying off a car loan or credit card, don't remove this amount from your budget. Instead, invest in your future by applying some of it to your retirement account. How much would $360 invested at the end of each quarter be worth in 8 years at 6% interest? (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of after 8 years $ FV $14,647.79 10. value: 1.80 points Jeff Associates borrowed $25,000. The company plans to set up a sinking fund that will repay the loan at the end of 7 years. Assume a 12% interest rate compounded semiannually. What must Jeff pay into the fund each period of time? (Use Table 13.3.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Payable amount PMT $ $1,190.00 Amount of Payment Year Rate of CI Compounded Period Periods (n) Rate FVIF Value of annuity $13,000 9 6% 2 18 3.00% 23.4144 $304,387.20 Amount of Payment Year Rate of CI Compounded Period Periods Rate FVIF Value of annuity $4,600 14 4% 1 14 4.00% 18.2919 $87,508.45 Amount of Payment Year Rate of CI Compounded Period Periods Rate (1+r)^n FVIF Value of annuity $3,400 3 7% 1 3 7.00% 122.50% 3.2149 $11,695.81 Time Rate of CI Compounded Period Periods Rate PVIF Amount of Annuity (Receive) Present value of annuity 5 7% 1 5 7.00% 4.1002 $890 $202.86 Time Rate of CI Compounded Period Periods Rate PVIF Amount of Annuity Present value of annuity 5 8% 4 20 2.00% 16.3514 $14,400 $863.39 PMT Time Rate of CI Compounded Period Periods Rate PVIF Total Amount $1,005.28 5 8% 4 20 2.00% 0.0412 $24,400 PMT Time Rate of CI Compounded Period Periods Rate PVIF Total Amount (PV) Present value of annuity $1,490 9 7% 1 9 7.00% 6.5152 $13,410 $1,923.61 PMT Time Rate of CI Compounded Period Periods Rate PVIF Total Annuity $700 6 6% 1 6 6.00% 6.9753 $4,882.71 PMT Time Rate of CI Compounded Period Periods Rate FVIF FV $360 8 6% 4 32 1.50% 40.6883 $14,647.79 PMT Time Rate of CI Compounded Period Periods Rate PVIF Total Amount $1,190.00 7 12% 2 14 6.00% 0.0476 $25,000