4. What amount of money invested today at 10% interest can provide the following scholarships:P 30,000 at the end of each year for 6 years; P 40,000 for the next 6 years and P 50,000thereafter.A. PhP 241,282.32B. PhP 388,310.48C. PhP 214,828.32D. PhP 310,388.48

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Answered: 4. What amount of money invested today…

Financial Accounting Intro Concepts Meth/Uses

14th Edition

ISBN:9781285595047

Author:Weil

Publisher:Weil

ChapterA: Appendix - Time Value Of Cash Flows: Compound Interest Concepts And Applications

Section: Chapter Questions

Problem 22E

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What amount of money (in Php) invested today at 11.97% interest can provide the following scholarships: Php 35,389 at the end of each year for first 8 years, Php 45,100 each year for the next 8 years, and Php 55.060 thereafter? Note: Please show the complete solution with the formulas used as it is needed for my reviews. Thank You!
u.A fund donated by wealthy person to IECEP to provideannual scholarships to deserving ECE students. Thefund will grant Php 5 000 for each of the first five years,Php 8 000 for the next five years and Php 10 000 foreach year thereafter. The scholarship will start oneyear after the fund is established. If the fund earns 8%interest, what is the amount of the donation? 3. Ifpayments are made at end of the interest period. 4. Ifpayments are made at beginning of the interestperiod. include a cash flow diagra,
3. Obtain the amount of money that is to be invested today considering a 15% interest that can provide the following scholarship: PhP30,000.00 at the end of each for the 6 years; PhP40,000.00 for the next 6 years; and PhP 50,000.00 thereafter.
NEED ASAP
What amount of money invested today at 15% interest can provide the following scholarships: ₱30,000 at the end of each year for 6 years; ₱40,000 for the next 6 years and ₱50,000 there after?
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Could you show me formulas and solutions, thank you
5. A scholarship fund pays out 50,000 annually beginning n years from now. To make this go according to plan, annual deposits of 10,000 are made starting today. The credits interest at an annual effective rate of 3% for the first n years and 6.881052981% thereafter. Find n.
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S 5
Question:- How much can be paid in scholarship at the beginning of each month if $200000 is deposited in a trust fund if interest is 3.5% compounded monthly. The Amount that can be paid each month is $_______(round to six decimal places)
am. 122.

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4. What amount of money invested today at 10% interest can provide the following scholarships: P 30,000 at the end of each year for 6 years; P 40,000 for the next 6 years and P 50,000 thereafter. A. PhP 241,282.32 B. PhP 388,310.48 C. PhP 214,828.32 D. PhP 310,388.48