Calculate the future of the following Ordinary Annuities. Round to the Nearest cent when necessary. Annunity Payment (\$3,000) Payment Frequency Every (6) Months Time Period (years) 10 Interest Compounded (Semiannually) Future Value Of The Annuity is What?

Annuity Payment (\$100) Payment Frequency Every Month Time Period (Years) 12 (Monthly) Future Value Of The Annuity is What?

1. 👍 0
2. 👎 0
3. 👁 146

## Similar Questions

1. ### math

The total weekly cost (in dollars) incurred by Lincoln Records in pressing x compact discs is given by the following function. C(x) = 2000 + 2x - 0.0001x^2 (0≤x≤6000) (a) What is the actual cost incurred in producing the

asked by renee on October 17, 2012

Find the ordinary interest to the nearest cent. \$19,000 at 12% for 101 days

asked by David on February 23, 2015
3. ### finite mathematics

Find the present value of the ordinary annuity. Please round the answer to the nearest cent.\$2,000 per semiannual period for 7 yr at 12%/year compounded semiannually

asked by Anonymous on October 23, 2012
4. ### consumer math

Jim opened an account with \$400. The account pays three percent quarterly. How much is in the account at the end of two years? Round to the nearest dollar. (Points : 1) 5. Use this table to answer questions 5 through 8. Principal

asked by tina on February 12, 2012
1. ### Math

Find the simple interest. Round your answer to the nearest cent. Principal = \$900 Rate = 4% Time in years = 3 Is this correct: 900*0.04=36 36*3=108.00 Then my next question is when you round to the nearest unit is it the same as

asked by Becky on May 29, 2010
2. ### math

Calculate the consumers' surplus at the indicated unit price p for the demand equation. HINT [See Example 1.] (Round your answer to the nearest cent.) p = 150 − q; p = 30

asked by louis on July 15, 2011

Multiple Choice Use an equation to solve the problem. 1. What is 57% of 11? (1 point) 11 = 0.57 • n; 19.3 n = 57 • 11; 627 n = 0.57 • 11; 6.27 11 = 57 • n; 0.19 2. 224 is 25% of what number? (1 point) 224 • 0.25 = w; 560

asked by Delilah on November 28, 2012
4. ### algebra

Use a calculator to evaluate an ordinary annuity formula A = m 1 + r n nt − 1 r n for m, r, and t (respectively). Assume monthly payments. (Round your answer to the nearest cent.) \$150; 5%; 40 yr

asked by strayer on May 24, 2014
1. ### Financial Management

Hi, would anyone be willing to help with this. Thanks :) 2. Find the following values: a) An intial \$500 compounded for 10 years at 6 percent b) An intial \$500 compounded for 10 years at 12 percent c) The present value of \$500 due

asked by perry on November 3, 2007
2. ### Financial Management

HI, could anyone help with this please. :) 2. Find the following values: a) An intial \$500 compounded for 10 years at 6 percent b) An intial \$500 compounded for 10 years at 12 percent c) The present value of \$500 due in 10 years

asked by perry on November 3, 2007
3. ### Math help ms sue.

1. What is 57% of 11? (1 point) 11 = 0.57 • n; 19.3 n = 57 • 11; 627 n = 0.57 • 11; 6.27 11 = 57 • n; 0.19 2. 224 is 25% of what number? (1 point) 224 • 0.25 = w; 560 224 = 0.25 • w; 896 224 • 0.25 = w; 56 224 = 0.25

asked by josh on January 12, 2014
4. ### Math

Use an equation to solve the problem. 1. What is 57% of 11? (1 point) 11 = 0.57 • n; 19.3 n = 57 • 11; 627 n = 0.57 • 11; 6.27 11 = 57 • n; 0.19 2. 224 is 25% of what number? (1 point) 224 • 0.25 = w; 560 224 = 0.25 •

asked by Cami on December 9, 2015