Fv = $200(fvifa15%,5) = $200(6.7424) = $1,348.48.
39,337.20
This would depend on the principal balance of the mortgage.
32
[{(3200*6)/100}/365]*60
Credit cards with a zero percent APR generally have minimum monthly payments that must be made in order to avoid costly charges. If your minimum payment is not made each month, you may be hit with costly penalty fees.
I wouldn't. I make better investments than that.
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
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).
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
The PV of a 30 year 800 per year annuity is 6,444 if the payment is received at the end of the year and 7,217 is the payment is received at the start of the year
FV=2000*[(1+0.006)to the power 3] FV=2000*[(1+0.006)to the power 3]
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.
138645
It is as safe as AIG is. No fixed annuity has ever lost any money, but bottom line, AIG backs the fixed annuity
400000
12 years.