Question
Annuity Due and Annuity calculation a-Calculate the annual payment that can be received over 30 years from a single investment of $ 1000000 earning 9%
Annuity Due and Annuity calculation
a-Calculate the annual payment that can be received over 30 years from a single investment of $ 1000000 earning 9% compounded annually.
b- Calculate monthly payment to be received over 15 years from a single investment of $ 250000 earning 14.4% compounded monthly.
c- Calculate the payment to be received at the beginning of each month for 15 years from an investment of $ 250000 earning 14.4% compounded monthly.
d- Calculate the future value of a quarterly annuity of $ 2000 beginning and continuing today and continuing for 10 years assuming an annual earning rate of 10%.
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