How much will an ordinary annuity of $650 per year be worth in eight years at an annual interest rate of 6 percent?

How much will an ordinary annuity of $650 per year be worth in eight years at an annual interest rate of 6 percent?
t rate of 6 percent?

t rate of 6 percent?
Henna will get $650 payment at the end of every year for the next five years. If interest rate if 5%. What is the present value

PVA 2954.543

Henna will get $650 payment at the beginning of every year for the next five years. If interest rate if 5%. What is the present v

PVAD 2420.145
%. What is the present value

18616.5

te if 5%. What is the present value

Calculate the present value of a perpetuity bond that is expected to pay $50 of interest per year forever if the investor require

PV 625
forever if the investor requires an annual return of 8 percent.
Joe took car loan of $20,000 for 4 years at an interest rate of 8%. Prepare ammortization schedule. He will have to give an ann

Year Payment Interest Principal Payment Principal Balance

0 20,000
1 6038.5 1600 4438.5 15,562
2 6038.5 1244.92 4793.58 10,768
3 6038.5 861.4336 5177.0664 5,591
4 6038.5 447.268288 5591.231712 0

Year Payment Interest Principal Payment Principal Balance

0 22,000
1 5351 1760 3591 18,409
2 5351 1472.72 3878.28 14,531
3 5351 1162.4576 4188.5424 10,342
4 5351 827.374208 4523.625792 5,819
5 5351 465.4841446 4885.51585536 933
6 5351 74.64287621 5276.3571237888 -4,343
He will have to give an annual payment of $6038.5