Math of Finance

Drill Problem 13-3 (Algo) (LU 13-1 (2)] Complete the ordinary annuity as an annuity due (future value) for the following: (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Years Interest rate Annuity due Amount of payment $ 4.300 Payment payable Annually 9 3% Drill Problem 13-3 (Static) (LU 13-1 (2)] Complete the ordinary annuity as an annuity due (future value) for the following: (Please use the following provided Table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Years Interest rate Annuity due Amount of payment $ 5,000 Payment payable Annually 11 Drill Problem 13-4 (Algo) (LU 13-1 (2)] Calculate the value of the annuity due without a table. (Do not round intermediate calculations. Round your answer to the nearest cent.) Years Amount of payment $ 3,900 Payment payable Annually Interest Value of annuity rate due 3 5% Drill Problem 13-6 (Algo) (LU 13-2 (1)] Complete the following for the present value of an ordinary annuity. (Use Table 13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of annuity expected Payment Time Interest rate Present value (amount needed now to invest to receive annuity) $ 16,000 Quarterly 5 years 8 % Check my work View previous attempt Drill Problem 13-5 (Algo) (LU 13-2 (1)] Complete the following for the present value of an ordinary annuity. (Use Table 13.2.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Amount of annuity expected Payment Time Interest rate Present value (amount needed now to invest to receive annuity) $ 810 Annually 4 years 6 %