Question: Answer All Please Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity stream: Number of Payments or Years

Answer All Please

Answer All Please Ordinary annuity payment. Fill in the missing annuity in

the following table for an ordinary annuity stream: Number of Payments or

Ordinary annuity payment. Fill in the missing annuity in the following table for an ordinary annuity stream: Number of Payments or Years Annual Future Value Annuity Present Value Interest Rate 6 5% $0.00 S (Round to the nearest cent.) $23,000.00 1. Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Number of Payments or Interest Rate Annual Future Value Annuity Present Value Years 6 23 32 14 5% 7% 8% 12% $0.00 $23,000.00 $0.00 $98,323.00 ? ? ? ? S23,000.00 $0.00 S250,000.00 $0.00 Print Done Present value. A smooth-talking used-car salesman who smiles considerably is offering you a great deal on a "pre-owned" car. He says, "For only 6 annual payments of $2,400, this beautiful 1998 Honda Civic can be yours." If you can borrow money at 6%, what is the price of this car? Assume the payment is made at the end of each year. If you can borrow money at 6%, what is the price of this car? $ (Round to the nearest cent.)

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