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Answer all questions correctly 2.) Find the present Value OF an annuity OF $8000 paid at the end OF each 6-month period of For 4

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Answer all questions correctly

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2.) Find the present Value OF an annuity OF $8000 paid at the end OF each 6-month period of For 4 years if the interest rate is 41, Companted Semiannually. CRound your answer to the nearest cant.) IF $ 84,000 is invested in an annuity that earns 5.51, Compounded 9 vartely, what payments will it provide at the end of each quarter For the next 2 1 years? ( Round your answer to the nerrest cent.) 3 A personal account earmarked as a retirement Supplement contains $ 242, 100. Suppose $ 200, 000 Is used to Establish an annuity that earns File, Compounded quarterly, and Pays $5000 at the end OF Each quarter. How long will it be catil the accent balance is $0? ( Rant your answer Up to the nearest quarter,) quarters 4) As the Contestant with the longest Winning Streak in the history of Jeopardy, Ken Jennings won more than $ 2.5 million Suppose he invested $ 1. 7million in an ordinary annuity that earned 9.60%, Companfet monthly How much would he receive at the end of each month for the next 25 years ? A Solve the problem. ( Round your answers answer to the nearestcont. ) 15) Juanita Domingo's parents want to Establish a college trust for her. They want to make 16 quarterly Withdrawals OF $1500, with the First withdrawal 3 months From now. IF money is worth 7.8% Compounded quarterly, how much must be deported now to provide this trust? A Solve the problem: (Round your answer to the nearest cant.)

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