{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-06T01:03:08-04:00", "answer_date": "2024-06-06 01:03:08", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "2328528", "url": "\/study-help\/questions\/mathematics-business-and-finance-mbf100-and-mbf-101-title-future-2328528", "question_creation_date_js": "2024-06-06T01:03:08-04:00", "question_creation_date": "Jun 06, 2024 01:03 AM", "meta_title": "[Solved] Mathematics Business and Finance MBF100 a | SolutionInn", "meta_description": "Answer of - Mathematics Business and Finance MBF100 and MBF 101 Title: Future Value and Present Value of an Ordinary Simple Annuit | SolutionInn", "meta_keywords": "mathematics,business,finance,mbf100,mbf,101,title,future,value,present,ordinary,simple", "question_title_h1": "Mathematics Business and Finance MBF100 and MBF 101 Title: Future Value and Present Value of an Ordinary Simple Annuity Future Value and Present Value of", "question_title": "Mathematics Business and Finance MBF100 and MBF 101 Title: Future Value and", "question_title_for_js_snippet": "Mathematics Business and Finance MBF100 and MBF 101 Title Future Value and Present Value of an Ordinary Simple Annuity Future Value and Present Value of an Ordinary General Annuity Lab 5 Close Date Sun, Oct 25, 2020 11 59 PM Questions Question 1 of 6 Question 1 (2) Lisa pays $373 80 for a car lease at the beginning of every month for 3 years and 1 Question 2 (2) months at 4 76 compounded monthly Question 3 (2) Question 4 (2) a What type of annuity is this Question 5 (4) Ordinary simple annuity Question 6 (2) O Ordinary general annuity Simple annuity due O General annuity due b How many payments are there in this annuity Round up to the next paymentLab 5 Close Date Sun, Oct 25, 2020 11 59 PM Questions Question 2 of 6 Question 1 (2) Question 2 (2) How much should John have in a savings account that is earning 3 75 compounded Question 3 (2) quarterly, if she plans to withdraw $2,000 from this account at the end of every quarter for 6 years Question 4 (2) Question 5 (4) Round to the nearest cent Question 6 (2) Questions 0 Question 1 (2) O Question2 (2) I Question3 (2) O Question4 (2) 0 Questions (4) O Question6 (2) Lab 5 Close Date Sun, Oct 25, 2020 11 59 PM Question 3 of 6 Hui saved $80 at the end of every month for 4 years in her bank account that earned 4 30 compounded monthly a What is the accumulated value of her savings at the end of the period 0 $4,087 22 0 $4,181 87 0 $48,738 38 0 $341 87 b What is the interest earned over the period 0 $261 87 0 $4,181 87 O $421 87 0 $341 87 Questions Lab 5 Close Date Sun, Oct 25, 2020 11 59 PM Question 4 of 6 O Questionl (2) O Question2 (2) O Question3 (2) ' Question4 (2) O Question5 (4) O Question6 (2) Calculate the amount of money Lisa had to deposit in an investment fund growing at an interest rate of 2 00 compounded annually, to provide her daughter with $15,000 at the end of every year, for 4 years, throughout undergraduate studies E Round to the nearest cent Lab 5 Close Date Sun, Oct 25, 2020 11 59 PM Questionsm O Questionl (2) John purchases a retirement annuity that will pay him $3,000 at the end of every six months for the first twelve years and $300 at the end of every month for the next five years The annuity earns interest at a rate of 4 8 compounded quarterly O Question2 (2) O Question3 (2) O Question4 (2) V Question 5 (4) a What was the purchase price of the annuity 1 Round to the nearest cent 0 Question6 (2) b How much interest did John receive from the annuity 1 Round to the nearest cent Lab 5 Close Date Sun, Oct 25, 2020 11 59 PM Questionof O Questionl (2) Melanie deposited $1,100 at the end of every month into an RRSP for 9 years The interest rate earned was 4 25 compounded semi annually for the first 2 years and changed to 4 50 compounded monthly for the next 7 years What was the Q Question4 (2) accumulated value of the RRSP at the end of 9 years 0 Question2 (2) O Question3 (2) O Q e i 5 '4' '9 Question 6 (2) Round to the nearest cent", "question_description": "
Mathematics Business and Finance MBF100 and MBF 101<\/strong><\/p> Title: <\/strong><\/p> Future Value and Present Value of an Ordinary Simple Annuity<\/strong><\/p> Future Value and Present Value of an Ordinary General Annuity<\/strong><\/p>