For An Ordinary Annuity With Semi Annual Payments If The Payments Began On April

For an ordinary annuity with semi-annual payments, if the payments began on April 1, 2012, when will the seventh payment be made?

If the prevailing market interest rate increases, does the purchase price of an annuity decrease or increase?

When calculating the future value of an annuity due, is the end date at the beginning or end of the last payment interval?

For a given n, PMT and i, is the present value of a deferred annuity the same as the present value of an ordinary annuity?

Does a portability clause in the mortgage agreement mean that a purchaser may acquire the existing mortgage?


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