Find the term of the ordinary annuity in years and months (from 0 to 11 months)....
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Find the term of the ordinary annuity in years and months (from 0 to 11 months). Interest Present Value Periodic Rent Payment Interval Rate $16,500 $900 6 months 4.1% She can make withdrawals for year(s) and month(s). Conversion Period semi-annually To attend school, Aabha deposits $680 at the end of every quarter for four and one-half years. What is the accumulated value of the deposits if interest is 12% compounded semi-annually? The accumulated value is $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) A contract can be fulfilled by making an immediate payment of $11,900 or equal payments at the end of every six months for 12 years. What is the size of the semi-annually payments at 5.5% compounded semi-annually? The payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Present Periodic Value Payment $9000 $295 Payment Interval month Interest Rate Compounding Period 5% annually The term of the annuity is year(s) and month(s). Find the term of the ordinary annuity in years and months (from 0 to 11 months). Interest Present Value Periodic Rent Payment Interval Rate $16,500 $900 6 months 4.1% She can make withdrawals for year(s) and month(s). Conversion Period semi-annually To attend school, Aabha deposits $680 at the end of every quarter for four and one-half years. What is the accumulated value of the deposits if interest is 12% compounded semi-annually? The accumulated value is $ . (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) A contract can be fulfilled by making an immediate payment of $11,900 or equal payments at the end of every six months for 12 years. What is the size of the semi-annually payments at 5.5% compounded semi-annually? The payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) Find the term of the following ordinary general annuity. State your answer in years and months (from 0 to 11 months). Present Periodic Value Payment $9000 $295 Payment Interval month Interest Rate Compounding Period 5% annually The term of the annuity is year(s) and month(s).
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Answers To find the term of the ordinary annuity we can use the formula Term Present Value Periodic ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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