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Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream:

Estimating the annual interest rate with an ordinary annuity.

Fill in the missing annual interest rates in the following table for an ordinary annuity stream:

Number of

Payments or

Years

Annual

Interest Rate

Future Value

Annuity

Present Value

9

?

$0.00

$500.00

$2,386.01

16

?

$19,225.41

$490.57

$0.00

35

?

$0.00

$1,863.83

$39,000.00

90

?

$1,116,225.11

$700.00

$0.00

Number of

Payments or

Years

Annual

Interest Rate

Future Value

Annuity

Present Value

9

enter your response here%

(Round to two decimal places.)

$0.00

$500.00

$2,386.01

Part 2

16

enter your response here%

(Round to two decimal places.)

$19,225.41

$490.57

$0.00

Part 3

35

enter your response here%

(Round to two decimal places.)

$0.00

$1,863.83

$39,000.00

Part 4

90

enter your response here%

(Round to two decimal places.)

$1,116,225.11

$700.00

$0.00

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