Question: 11-16 I need help quick 9. You are offered an annuity that will pay $24,000 per year for 11 years (the first payment will occur

 11-16 I need help quick 9. You are offered an annuity
11-16 I need help quick

9. You are offered an annuity that will pay $24,000 per year for 11 years (the first payment will occur one year from today). If you feel that the appropriate discount rate is 13%, what is the annuity worth to you today? AnnPay - 24,000 DR = 13 S 134PMT -24,00 world tried It Yrs 86-59 CK NO 1 FV-O Current value of annuity in 136,486.59 10. If you deposit $16,000 per year for 12 years (each deposit is made at the end of each year) in an account that pays an annual interest rate of 14%, what will your account be worth at the end of 12 years? PMT= -16,0000 1b, bu Pro I=117 CPTFV6 436,881.98 N=12 11. You plan to borrow $389,000 now and repay it in 25 equal annual installments (payments will be made at the end of each year). If the annual interest rate is 14%, how much will your annual payments be? (136,480 12. You are told that if you invest $11,000 per year for 23 years (all payments made at the end of each year) you will have accumulated $366,000 at the end of the period. What annual rate of return is the investment offering? 13. You are offered an annuity that will pay $17,000 per year for 7 years (the first payment will be made today) feel that the appropriate discount rate is 11%, what is the annuity worth to you today? 14. If you deposit $15,000 per year for 9 years (each deposit is made at the beginning of each year) in an account that pays an annual interest rate of 8%, what will your account be worth at the end of 9 years? 15. You plan to accumulate $450,000 over a period of 12 years by making equal annual deposits in an account that pays an annual interest rate of 9% (assume all payments will occur at the beginning of each year). What amount must you deposit each year to reach your goal? are told that if you invest $11,100 per year for 19 years (all payments made at the beginning of each year) we accumulated $375,000 at the end of the period. What annual rate of return is the investment offering

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