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What is an annuity with an infinite life making continual annual payments?
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How can you convert the present value of an ordinary annuity into the present value of annuity due?
The simplest way is to gross up the ordinary annuity (payments in arrears) by a single period at the discounting rate. For example, if the ordinary annuity has semi-annual payments (half yearly) and the PV is $1000 using a discounting rate of 5% p.a., then the PV of the annuity due would be: PVDue= $1,000 x ( 1 + 5%/2 ) = $1,025
Does annual compounding pay more money than daily compounding?
It all depends with the amount of the annual or daily compounding. In most cases it is however the daily compounding that pays more than the annual compounding.
What is better a lump sum or an annual payment?
200000000(.25)^1
When would the effective annual rate be greater than the APR?
Always.
If Camon has a 21 percent annual interest rate what is his monthly interest rate?
1 3/4%
What is the definition of an annuity?
Annuity is a set of payments of a set size and frequency, usually made to someone who is retired. They are most often made annually, either for a person's lifetime or for a set period of time.
How can you convert the present value of an ordinary annuity into the present value of annuity due?
The simplest way is to gross up the ordinary annuity (payments in arrears) by a single period at the discounting rate. For example, if the ordinary annuity has semi-annual payments (half yearly) and the PV is $1000 using a discounting rate of 5% p.a., then the PV of the annuity due would be: PVDue= $1,000 x ( 1 + 5%/2 ) = $1,025
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.
What does an annuity calculator do?
This type of calculator gives you the annual payment of annuity. If you don`t know what annuity is, then this won't help you out very much. But I hope that it will.
What type of annuity pays an equal annual amount until death?
The best annuity to do this right now is a Fixed Indexed Annuity with a Lifetime Income rider.
formula for figuring PVA Mortgage Payments?
Algebraic formulas are used for monthly mortgage payments.PVA = Present Value of Annuity Amount A = annuity payment. Annual percentage rate:L - F = P1/(1 + i) + P2/(1 + i)2 +�?? (Pn + Bn)/(1 + i)n.For more details visit http://www.mtgprofessor.com/formulas.htm
What is an annual payment called?
A fixed payment which is made annually is called an annuity.
Where can I learn about vanguard variable annuity?
Vanguard variable annuities are investment products offered by Vanguard that produce annual payments that change over time instead of being a fixed payout. More information about the offering can be found at Vanguard's website .
What type of annunty pays an equal annual amount until death?
Life annuity
What does the word reprise mean?
an annual deduction, duty, or payment out of a manor or estate, as an annuity or the like.
Immediate Annuity Calculator?
Immediate Annuity Calculator An immediate annuity is a product sold by insurance companies that is designed to provide you with an income stream for life. The income, by definition, is designed to start immediately, although some immediate annuities allow you to defer payments for up to one year. It is very important to remember that once you set up an immediate annuity, you no longer control the money you put in it. Likewise, while the income stream is guaranteed for your lifetime, an untimely death will not result in any money being returned to your estate. This calculator is designed to help you estimate your monthly payments from an immediate annuity.
On a 5000 annuity compounded daily what would be the annual percentage rate?
Depends on the daily percentage rate.
