{ "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": "\"image\"image\"image\"image\"image\"image

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>

\"image\"image\"image\"image\"image\"image<\/div><\/div><\/div> 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", "transcribed_text": "", "related_book": { "title": "Managerial Accounting", "isbn": "9781119158226, 111915801X, 1119158222, 978-1119158011", "edition": "6th edition", "authors": "James Jiambalvo", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1327.jpg", "uri": "\/textbooks\/managerial-accounting-6th-edition-1327", "see_more_uri": "" }, "free_related_book": { "isbn": "1470472597", "uri": "\/textbooks\/proofs-that-really-count-1st-edition-978-1470472597-309179", "name": "Proofs That Really Count", "edition": "1st Edition" }, "question_posted": "2024-06-06 01:03:08", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/the-partners-of-rozow-and-cardis-cpas-decide-to-implement", "description": "The partners of Rozow and Cardis, CPAs, decide to implement an activity-based costing system for their firm. 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