Estimating the annual interest rate with an ordinary annuity. Fill in the missing annual interest...
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Accounting
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
Annual
Interest Rate
Future Value
Annuity
Present Value
7
enter your response here%
(Round to two decimal places.)
$0.00
$600.00
$2,355.84
17
enter your response here%
(Round to two decimal places.)
$14,233.48
$421.73
$0.00
30
enter your response here%
(Round to two decimal places.)
$0.00
$2,125.34
$42,000.00
70
enter your response here%
(Round to two decimal places.)
$1,847,689.27
$400.00
$0.00
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