A fund earns interest at a rate equivalent to the rate of discount of d. Megan invested 10,000 in the fund. Eleven years later, Megan has 30,042. Calculate d.

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A: Time value of money :— According to this concept, value of money in present day is greater than the…

Q: 13.  happy Corp. established a fund where they pay $200 annually into the fund. The interest rate…

A: Year Year-1 Year-2 Year-3 Year-4 Year-5 Total Amount that $200 invested each year will become…

Q: Candice Alvarez is investing $385,400 in a fund that earns 11% interest compounded annually. Click…

A: Yearly withdrawals refer to the amount that can be withdrawn from the annuity investment made for…

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A: Here,Amount invested today (PV) is $12,000Time Period (n) is 3 yearsInterest Rate (r) is…

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A: The equivalent cost or deposit is the periodic payment (PMT) made towards the acquisition of an…

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A: Amount invested in investment gives interest. After the maturity of investment, amount invested and…

Q: Blake contributed $690 at the end of every 3 months into an RRSP fund earning 2.98% compounded…

A: Annuity = $690Period = 7 yearsNumber of Payments per year = 3/12 = 4Interest rate = 2.98% per annum

Q: Laurence contributed $4,135 at the end of every 6 months to an RRSP fund earning 7.11% compounded…

A: The objective of the question is to calculate the future value of Laurence's RRSP fund, the amount…

Q: Give typing answer with explanation and conclusion Patricia made equal deposits at the beginning of…

A: Given details:Deposits per year: 4Total period: 10 yearsAccumulated value: $45,000APR: 4.75% with…

Q: 13. Walrus opens up a savings account on January 1 2024, and here are the ries of his transactions…

A: Simple interest is a method of calculating interest on a principal amount of money over a specified…

Q: Amanda makes year-end deposits of P500 the first year, P550 at the second year, P605 at the third…

A: Given: Interest rate = 12% Year Amount 1             500.000 2             550.000 3…

Q: Consider an amount of 25,000 in a fund today, October 25, 2022. Determine its value on the specified…

A: Simple Interest Interest = Prinicpal amount * Interest rate * Time period Prinicpal amount = 25,000…

Q: Marigold Corp. deposits $12000 in a fund at the end of each year for 5 years. The fund pays interest…

A: The future value function or concept can be used to determine the future value of a present sum or…

Q: Suppose an individual invests $40,000 in a load mutual fund for two years. The load fee entails an…

A: Here,Initial Investment is $40,000Front End Load is 3.%Annual Operating Expenses is 0.6%Annual Fund…

Q: Hugh invests 1000 in a fund on January 1. On May 1, the fund is worth 1,100 and 600 is withdrawn. On…

A: Simple interest is the interest paid or computed only on the principal amount of money. The amount…

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A: A sinking fund is a fund created for paying off debt obligation by setting aside specific amount…

Q: klp.1

A: The objective of the question is to determine the duration for which Mr. Deneau can make withdrawals…

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A: Mutual fund is an investment option under which investment will be made in stock market by an…

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A: Ordinary interest rate is the method of calculating the interest charged on the loan, based on a 360…

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A: Data given: FV=Php 20000 n=12 years Rate=5% (assumed compounded annually)   Required:  Equal…

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Q: Rose deposits P20,000 into a fund that earns 7.5% interest payable quarterly while Jack deposits at…

A:

Q: Calculate X

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Q: Ten years ago today Thomas made the first annual deposit of $ 2000 into a fund paying 3% interest…

A: Current worth of the deposits shows the value of deposit today. As it is calculated based on past…

Q: Suppose an individual invests $10,000 in a load mutual fund for two years. The load fee entails an…

A: Initial investment=$10000Front end load=4%Annual fee=0.85%Annual return=5%Period of investment=2…

Q: Lauren's investment of $94,600.00 in a fund matured to $163,799.04 in 7 years. If the interest in…

A: The periodic rate is calculated using following equation Periodic rate, r = FVPV(1/n)-1 Where, FV is…

Q: Maria deposits $1,200, $500, and $2,000 at t = 1, 2, and 3, respectively. If the fund pays 8%…

A: FUTURE VALUE FORMUA: FUTURE VALUE = PRESENT VALUE×1+RNWHERE,R= RATE PER PERIODN=NUMBER OF PERIOD

Q: Shannon deposited $15,500 into a fund at the beginning of every quarter for 20 years. He then…

A:

Q: 3. s) Maggie deposited $X into fund A and $2X into fund B. Fund A earns interest at 8% effective…

A: The time value of money is connected to the current value of money and the future value of money.…

Q: For 16 years, Janet saved $250 at the beginning of every month in a fund that earned 4.64%…

A: The key advantage of future value for an investor is the potential to grow their wealth over time.…

Q: John invests 2000 at time 0 in a fund earning 7% convertible quarterly, but payable annually. He…

A: Effective annual return is the rate of interest that is used to calculate the real return earned…

Q: Find the amount of each payment into a sinking fund if $14,000 must be accumulated. Payments are…

A: Future Value $      14,000Interest rate p.a.6.00%Number of Year3

Q: Kyle invested money in a mutual fund for ten years. The interest rate on the mutual fund was 3%…

A: Accumulated Value at the end of 10 years "FV" is $41,788.50 Interest rate for first 5 years is 3%…

Q: rdan deposited $23,500 into a fund at the beginning of every quarter for 20 years. He then stopped…

A: Future value is the amount being deposited over the period and the amount of interest accumulated…

Q: An annual deposit of P1,500.00 is placed on a fund at the end of each year for 6 years. If the fund…

A: Future value = C * (((1+i)n-1)/i) * (1+i)t Where C = cash flow per period (P1,500) i   = interest…

Q: Candice Alvarez is investing $397,300 in a fund that earns 15% interest compounded annually. Click…

A: Yearly withdrawals = Total amount invested / Present value factor Note: Present value factor means…

Q: Amy will need PHP 1.75M on July 4, 2015. To prepare for this, she places equal deposits at the end…

A: Future value required on July 4 2015 (FV) = PHP 1,750,000 Interest rate (r) = 8% Number of annual…