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Compound interest and payments Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as

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Compound interest and payments

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Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as 0- given. Then determine how much of this value is from contributions and how much is from interest. R = 9,300; 9% interest compounded semiannually for 6 years Set up the formula to find the future value of the ordinary annuity. Find the future value of an ordinary annuity if payments are made in the amount R and interest is compounded as given. Then determine how much of this value is from contributions and how much is from interest. R =15.000; 4.2% interest compounded quarterly for 16 years. Set up the formula to find the future value of the ordinary annuity. Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount Payments are made at the end of each period $8,200; money earns 5% compounded annually; there are 7 annual payments. Set up the formula to find the amount of each payment. Suppose a 40-year-old person deposits $8.000 per year in an Individual Retirement Account until age 65. Find the total in the account with the following assumption of an interest rate. (Assume quarterly compounding. with payments of $2.000 made at the end of each quarter period.) Find the total amount of interest earned. 4% Find the periodic payment that will amount to the given future value F under the given conditions. F = $11,000; interest is 9% compounded annually; payments are made at the end of each year for 19 years Set up the formula to find the periodic payment. Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. $7.400; money earns 4.8% compounded monthiy for 2: years. Set up the formula to find the amount of each payment Find the amount of the payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. 1 $95000: money earns 8% compounded semiannually for 23 years | i Michelle wants to have a $21,000 down payment when she buys a new car in 5 years. How much money must she deposit at the end of each quarter in an account paying 32% compounded quarterly so that she will have the down payment she desires

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