What is the annuity payment amount

Assignment Help Finance Basics

Reference no: EM131419370

Calculating Annuities Due A 10-year annual annuity due with the first payment occurring at date t = 7 has a current value of $85,000. If the discount rate is 9 percent per year, what is the annuity payment amount?

Reference no: EM131419370

Questions Cloud

Show this for both present and future values : Ordinary Annuities and Annuities Due As discussed in the text, an annuity due is identical to an ordinary annuity except that the periodic payments occur at the beginning of each period and not at the end of the period

Choose a website and look at all of the different versions : Try looking at www.lv.psu.edu to see the various website versions. How has the site changed both textually and visually? With each version of the site, the technical communicators were working to improve its effectiveness for users.

Explain general background on the field of biology : The assignment is to find a recent biological or medical discovery/innovation, and write a two-page summary that includes (1) general background on the field of biology or medicine.

What percentage of the offspring genetic information : What percentage of the offspring genetic information is the same as the genetic information of the parent.

What is the annuity payment amount : Calculating Annuities Due A 10-year annual annuity due with the first payment occurring at date t = 7 has a current value of $85,000. If the discount rate is 9 percent per year, what is the annuity payment amount?

Support for your claim throughout your paper : Support for your claim throughout your paper - Information from at least four sources incorporated in the paper

Discuss about the drinking water quality experiment : This section should include background information on water quality and an overview of why the experiment was conducted. It should first contain background information of similar studies previously conducted. This is accomplished by citing existin..

What are three factors that affect supply in the bond market : What are the three factors that affect supply in the Bond Market, and how do they correlate to the downward or upward shift of the supply curve?

User Account

All Pages