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Q: What is the present value of a 30 year annuity with payments of 800 per year if interest rates are 12 percent annually?

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85,109 if the payments are received at the start of each year and 78,804 if they are received at the end of each year

BY Gautam Brahma Duration of a level annuity is given by the formula ( 1+yield/yield )- (No of payments)/{(1+yield)^no of payments -1} i.e (1.06/.06) - (5)/{(1.06)^5-1} i.e 2.88 years

5% ($72.50) per year.

Interest of r% per quarter is equivalent to {(1+r/100)4 - 1} percent annually.

The interest paid annually is 700*5/100 = 35

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85,109 if the payments are received at the start of each year and 78,804 if they are received at the end of each year

39,337.20

BY Gautam Brahma Duration of a level annuity is given by the formula ( 1+yield/yield )- (No of payments)/{(1+yield)^no of payments -1} i.e (1.06/.06) - (5)/{(1.06)^5-1} i.e 2.88 years

I wouldn't. I make better investments than that.

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.

400000

year

5% ($72.50) per year.

It means the percent of interest paid annually (p.a. means per annum).

Interest of r% per quarter is equivalent to {(1+r/100)4 - 1} percent annually.

The interest paid annually is 700*5/100 = 35

11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.11000*6/100 = 6606% per month is an outlandish interest rate - equivalent to more than 100 percent annually.

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