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Ordinary annuity payment.Fill in the missing annuity in the following table for an ordinary annuity stream: Number of Payments or Years Annual Interest Rate Future
Ordinary annuity payment.Fill in the missing annuity in the following table for an ordinary annuity stream:
Number of Payments or Years | Annual Interest Rate | Future Value | Annuity | Present Value | ||||
3 | 3% | $0.00 | ? | $23,000.00 | ||||
24 | 9% | $23,000.00 | ? | $0.00 | ||||
31 | 11% | $0.00 | ? | $160,000.00 | ||||
13 | 12% | $95,935.55 | ? | $0.00 |
Number of Payments or Years | Annual Interest Rate | Future Value | Annuity | Present Value | ||||
3 | 3% | $0.00 | $enter your response here (Round to the nearest cent.) | $23,000.00 |
Part 2
24 | 9% | $23,000.00 | $enter your response here (Round to the nearest cent.) | $0.00 |
Part 3
31 | 11% | $0.00 | $enter your response here (Round to the nearest cent.) | $160,000.00 |
Part 4
13 | 12% | $95,935.55 | $enter your response here (Round to the nearest cent.) | $0.00 |
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