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The present value of an ordinary annuity of 350 each year for five years assuming an opportunity cost of 4 percent is?
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Determine the future value of an annuity into which quarterly deposits of 450 are made for 9 years if the annuity pays 10 percent compounded quarterly?
138645
How safe and secure is an AIG annuity that pays 4 percent fixed per year?
It is as safe as AIG is. No fixed annuity has ever lost any money, but bottom line, AIG backs the fixed annuity
How long would it take for your annuity to double at a 6 percent investment gain?
12 years.
What would be the annual opportunity cost of a checking account that requires a 500 minimum balance to avoid service charges Assuming a rate of 3 percent?
The opportunity cost would be the potential missed income from placing the money in an interest bearing account. $500 times .03 = $15.
What is12 and a half percent as an ordinary fraction?
12.5% = 1⁄8
What is the future value on an ordinary annuity of 12000 dollars per year for three years at 9 percent interest compounded annually?
39,337.20
What is the future value of a 5year ordinary annuity with annual payments of 200 evaluated at 15 percent?
Fv = $200(fvifa15%,5) = $200(6.7424) = $1,348.48.
If you have an annuity of 10K that pays about 5 percent each year should you use that to pay as much of your tuition bill as you can?
Assuming that the annuity in question is a "deferred" annuity (that is, that it is not already providing regular annuity payments), the answer depends upon whether you're over 59 1/2 or not. If you're not, any distributions from that annuity will be taxable as Ordinary Income AND subject to a 10% penalty tax - 10% of the amount of the distribution (IRC Sect. 72(q)). Not a very attractive result. If you're over 59 1/2 and still attending school, BRAVO! But the distribution from your annuity will still be taxable (but without that 10% penalty tax).
How much would you be willing to pay for a 10-year ordinary annuity if the payments are 500 per year and the rate of return is 6.25 percent annually?
I wouldn't. I make better investments than that.
What is the future value of an ordinary annuity if 2000 is deposited at the end of each year for 3 years at 6 percent?
FV=2000*[(1+0.006)to the power 3] FV=2000*[(1+0.006)to the power 3]
What is the interest rate on a ing variable annuity?
The interest rate on an ING variable annuity account as obtained via their official company website is anywhere from the 2.5 percent to 3.5 percent range.
Determine the future value of an annuity into which quarterly deposits of 450 are made for 9 years if the annuity pays 10 percent compounded quarterly?
138645
How safe and secure is an AIG annuity that pays 4 percent fixed per year?
It is as safe as AIG is. No fixed annuity has ever lost any money, but bottom line, AIG backs the fixed annuity
An annuity pays out 20000 per yer in perpetuity if the intereset rate is 5 percent compounded annually find the presenet value of the whole annuity?
400000
How long would it take for your annuity to double at a 6 percent investment gain?
12 years.
Will you please explain what deductions my accountant will have to make for taking out cash of my annuity funds?
There is no way to get through the taxes that happen with taking out annuity funds. The taxes can be up to forty percent, which is almost half of all money made! Keep your money in the annuity until retirement.
What would be the annual opportunity cost of a checking account that requires a 500 minimum balance to avoid service charges Assuming a rate of 3 percent?
The opportunity cost would be the potential missed income from placing the money in an interest bearing account. $500 times .03 = $15.
