Question
Ordinary annuitiesQ9. Find the amount of an ordinary annuity of five deposits of Rs 1000 each madeat the end of each year for 5 years
Ordinary annuitiesQ9. Find the amount of an ordinary annuity of five deposits of Rs 1000 each madeat the end of each year for 5 years . if the interest rate is 4% compounded annuallyQ10. Rs 800 a quarter for 5 years at 4% compounded quarterly.Q 11. Rs 100 a month for 5 years at 6% compounded monthly.Q12. A man invested Rs300 at the end of each month in a fund which pays 4%compounded semi annually . How much does he have just after the tenth deposits.Q13. Mr Khalid wishes to save money to take a trip . if he deposits Rs 150 at theend of each month for 24 months in an investment that pays 12% compoundedmonthly , how much will he have on deposits?Q14. Find the accumulated value of Rs 5000 invested at the end of each quarteryear for 5 years at 8% compounded quarterly. Annuity dueQ15. If a payment of Rs 500 is made today and a like payment each year for 5years, how much will be on deposits at the end of 4 years , if the interest rate is 5%compounded annually?Q16. On his fifty first birthday and each third month thereafter Dr Habib investedRs475 at 4% interest rate compounded quarterly. At the end of his fifty seven year,what was the amount on deposits?Present value of annuitiesQ17. What is a present value of an annuity of Rs1500 payable at the end of each6month period for 2 years if money is worth 8% compounded semiannually?Q18. Find the present value of an annuity of Rs100 paid at the end of each year for17 years , if the interest rate is 7% compounded annually?Q19. What is the present value of an annuity if the size of each payment is Rs 2000payable at the end of each quarter for eight years at an interest rate of 7%compounded quarterly?
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