Question: please explain exercises 1,2 3. thanks 1. 001 points I Prevo Answers Calculate the present value of an annuity immediate with 24 annual payments of

please explain exercises 1,2 3. thanks
1. 001 points I Prevo Answers Calculate the present value of an annuity immediate with 24 annual payments of $600 if the first payment of the annuity immediate starts at the end of the fourth year. The annual effective interest rate is 8%. Answer = $ 4329.98 x (round your answer to 2 decimal places.) Submit Answer Practice Another Version 2. 0-1 points A monthly annuity due pays $150 per month for 12 months. Calculate the accumulate value 7 months after the last payment using a nominal rate of 4% compounded monthly Answer = $ (round your answer to 2 decimal places.) - points Calculate the current value at the end of 5 years of an annuity due paying annual payments of $1000 for 13 years. The annual effective interest rate is 8%. Answer = $ (round your answer to 2 decimal places.)
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