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How many payments per year are there if paid biweekly?
There are 26.
What is the present value of a 30 year annuity with payments of 7000 per year if interest rates are 8 percent annually?
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
How many dog years are one of your years?
The formula is: 10.5 dog years per human year for the first 2 years, then 4 dog years per human year for each year after.
How much does paying two extra mortgage payments per year decrease your loan life?
5
What is the age of a?
The age of a dog is 7 times our own. My dog is 5 years old, and therefore, he would be about 35 10.5 dog years per human year for the first 2 years, then 4 dog years per human year for each year after.years in dog years. The above is the old formula the current formula is 10.5 dog years per human year for the first 2 years, then 4 dog years per human year for each year after.
How much will payments be a month for a 17400 dollar loan at 3.5 percent for 3 years?
$509.86 per month.
What is the age of a dog?
The age of a dog is 7 times our own. My dog is 5 years old, and therefore, he would be about 35 10.5 dog years per human year for the first 2 years, then 4 dog years per human year for each year after.years in dog years. The above is the old formula the current formula is 10.5 dog years per human year for the first 2 years, then 4 dog years per human year for each year after.
What is the present value of a 30 year annuity with payments of 800 per year if interest rates are 12 percent annually?
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
How much would the monthly repayments for three thousand pounds over 3 years at seven percent?
92.63 pounds per month at 7% per year, compounded monthly.I got this from my financial calculator: 3 x 12 = 36 payments, (7%)/12 = 0.5833% per month.
What if your Aunt Terry has promised to pay you 100 in year 1 200 in year 2 300 in year 3 400 in year 4 and 500 in year 5. and nbsp Assume that the interest rate is 5 per annum calculate the present v?
Your Aunt Terry has promised to pay you $100 in year 1, $200 in year 2, $300 in year 3, $400 in year 4 and $500 in year 5. Assume that the interest rate is 5% per annum, calculate the present value of Aunt Terry's promised series of payments over the next 5 years. a. The present value of Aunt Terry's promised series of payments is $1,256.64. b. The present value of Aunt Terry's promised series of payments is $1,500. c. None of the other answers are true. d. The present value of Aunt Terry's promised series of payments is $1,319.47.
Jean will receive 8500 per year for 15 years if a 7 percent interest rate is applied what is the current value of the future payments?
If based on the present value of annuities Taking a factor of 9.1 Present value of the 15 years annuities is approx $76,506
How do you calculate total amount of installment?
You need to start with total amount owed, total monthly payments, and annual interest.FORMULA:Payment = (Loan amount x Interest) ÷ (Payments per Year x (1 - (1 + (Interest) ÷ Payments per Year)) raised to the power of negative Payments per Year x Length of Loan)))Or, you could just use Excel and use the PMT function:PMT(interest_rate,number_payments,PV,FV,Type)interest_rate = interest rate for the loannumber_payments = number of payments for the loanPV = present value or principal of the loanFV (optional) = future value or the loan amount outstanding after all payments have been made. If this parameter is omitted, the PMT function assumes a FV value of 0.Type (optional) = when the payments are due. Type can be one of the following values:- 0 = payments due at end of period (default)- 1 = payments due at beginning of period
