# annuity

1. ### Solve Interest Rate Increasing Annuity

The following formula gives the initial payment for an increasing annuity (see: https://financeformulas.net/Growing-Annuity-Payment.html): P=V * (r-g)/(1-((1+g)/(1+r))^n) I need help solving for r. Can anybody help? Thanks

Mr. Budi borrows 2,000,000IDR which will be amortized with 10 annuities. The first annuity will be paid in 1 year with 10% per year interest. Make the installment plan! For the annuity I got A = M\times\frac1{\sum_{n=1}^p(1+i)^{-n}} = 2,000,000\times\frac1{\sum_{n=1}^{10}(1+0,1)^{-n}} =...

7. ### Annuity, calculate N

Leased equipment valued at 23000, the terms of the lease require 1800/month. If the first payment is due in nine months after the lease was signed and interest is 11% compounded monthly, what is the term? The answer is 13.61927598. PY = 12 and according to the book is one year and 3 months. I...
8. ### annuity

i have a qs regarding annuity? a bank offers a car loan for car above Rs.3000000 tax free.a man likes a car worth 110% more than the lower limit.he keep some of the money in the bank and lease the car from the bank using the left over money.he keeps 70% in the bank,gives the car initial payment...
9. ### Finance mathematic&engineering -annuity question

Hello, I need your help.. Thank you Present values amounts are equal of 2 infinite series. The payments are "end of period annuites". First serie: the payments are 100 USD for the first 2 years, for the the following two years are 200 USD, for the following 2 years are 300 USD, and it continues...

13. ### Compound interest and annuity

Mr. Paul borrows Rs. 20000 on condition to repay it with C.I. at 5% p.a in annual installments of Rs. 2000 each. The number of years for the debt to be paid off is?
14. ### increasing/decreasing annuity

I have a minor question...When would I use increasing annuity and when would i use decreasing annuity? are there particular questions where i use each one? I have tried searching google but I had no luck. Just looking for a simple explanation. Thanks!!
15. ### Value of an annuity in any given month

I have an annuity where $2,000 is being invested at the beginning of every year for 20 years and the interest is compounded monthly. I want to find out for any given month what the balance of the annuity is. Is there a formula that will allow this? Example: I invest$2,000 at the start of every...
16. ### Increasing annuity question

I am doing practice problems and for some reason don't seem to get the correct final answer. If anyone could help me see my mistake , I would really appreciate it! so the questions is: Kristen sets up an investment plan based on variable interest rates with her bank. She contributes 50\$ every...
17. ### Annuity and serial loan, capable to pay for it after n years

Hi there! I'm preparing myself for my examination and have a case I'm pretty sure will be given at it - but we don't have a specific formula for this case, and we are five guys trying to find a simpler way to solve this. Let's assume that you take a loan, 50.000 USD, which you are to pay yearly...
18. ### Annuity question with odd withdrawal period.

Hi guys, I'm working through an annuity problem for one of my classes and am having an extremely difficult time formulating an equation to represent the accumulation in this scenario. Starting January 1, 2011 you deposit 100 into an accounter earning 10% nominal annual interest with interest...
19. ### Annuity problem!

http://img8.imageshack.us/img8/2556/screenshot20101202at744.png http://img809.imageshack.us/img809/3669/screenshot20101202at740.png I'm having a little trouble filling in these blanks... I figured out the first half but not the second. Help anyone? :cry: (Images are large, so I've posted the...
20. ### increasing annuity

I usually have an idea what a question is asking but this one I don't even understand it... So first of all, anyone know what it's asking? Second, how do we approach it?