finance management
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finance management
What is the future value of a 5 yr. annuity due that promises to pay $300.00 each yr? Assume that all payments are reinvested at 7% a yr., until Yr. 5.
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On June 1, 2012, Pitts Company sold some equipment to Gannon Company. The two companies entered into an installment sales contract at a rate of 8%. The contract required 8 equal annual payments with the first payment due on June
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Can someone tell me if this is ordinary annuity of future or ordinary values sinking funds present value or what is it. The question is You are earning an average of 46500 and will retire in 10 years. If you put 20% of your gross
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what is the pv of an annuity due that promises to pay you $500 per yeaR FOR THE NExt 20 years if the interest rate is 7%?
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A used piece of rental equipment has 3½ years of useful life remaining. When rented, the equipment brings in $300 per month (paid at the beginning of the month). If the equipment is sold now and money is worth 5%, compounded
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A used piece of rental equipment has 3½ years of useful life remaining. When rented, the equipment brings in $300 per month (paid at the beginning of the month). If the equipment is sold now and money is worth 5%, compounded
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Consider the following annuity scheme: regular payments of $200 are made every two months at the end of the month (in other words, there are six equally spaced payments over the year) into an account with a nominal rate of 6%
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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
asked by James on June 25, 2011