Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates...
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Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream: Number of Payments or Years 5 15 40 100 Annual Interest Rate % (Round to two decimal places.) % (Round to two decimal places.) % (Round to two decimal places.) % (Round to two decimal places.) Future Value $0.00 $11,103.80 $0.00 $36,853,605.28 Annuity Present Value $640.00 $477.05 $2,117.44 $600.00 $2,315.22 $0.00 $38,000.00 $0.00 Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest rates in the following table for an ordinary annuity stream: Number of Payments or Years 5 15 40 100 Annual Interest Rate % (Round to two decimal places.) % (Round to two decimal places.) % (Round to two decimal places.) % (Round to two decimal places.) Future Value $0.00 $11,103.80 $0.00 $36,853,605.28 Annuity Present Value $640.00 $477.05 $2,117.44 $600.00 $2,315.22 $0.00 $38,000.00 $0.00
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