What is the value of ordinary annuity

Assignment Help Financial Management

Reference no: EM132014733

1) What is the value of an ordinary annuity at the end of 20 years if $16,500 is deposited each year into an account earning 8.5% compound annually? How much of this value is interest?

2) How long will it take an investment of $5000 to triple if the investment earns interest at the rate of 5 %year compounded daily?

3) What is the effective rate of money invested at 4.5% compunded semi-annuallY?

Reference no: EM132014733

Questions Cloud

Arithmetic average of the stock price over given period : An Asian call option pays off max(Ave - k, o) at the maturity data where Ave is the arithmetic average of the stock price over a given period of time.

Discuss the value-expectancy theories : Which of the value-expectancy theories do you believe will add the most value to health promotion efforts when combined with the PRECEDE-PROCEED framework?

How much should you pay for a note : how much (to the nearest cent) should you pay for a note that will be worth $5,000 in 9 months?

What is the equivelant cash payment of this annuity : Clarice has leased an auto for 2 years at $450/month. what is the equivelant cash payment(present value) of this annuity?

What is the value of ordinary annuity : What is the value of an ordinary annuity at the end of 20 years if $16,500 is deposited each year into an account earning 8.5% compound annually?

Difference between long and short position in stock : Explain the difference between a “long” and a “short” position in a stock.

Create innovative approach for increase amount of innovation : Create one innovative approach that is not discussed in the textbook for increasing the amount of innovation within a large company.

What will share of stock sell for today : which the company will keep a constant growth rate forever. If the required return on Storico stock is 12 percent, what will a share of stock sell for today?

Contrast congenital anomaly and abnormal findings : Contrast congenital anomaly and abnormal findings. Briefly describes the guidelines for reporting. Give the sections, code ranges, and at least one.

User Account

All Pages