Adams Inc. will deposit $55,100 in a 10% fund at the end of each year for 8 years beginning December31, 2025.Click here to view factor tables.What amount will be in the fund immediately after the last deposit? (Round factor values to 5decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)Amount in fund$

The future value of an annuity denotes the cumulative worth of regular payments over a period,…

Answered: Adams Inc. will deposit $55,100 in a…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Problem #11: Suppose that on January 1, 2021 the balance on a fund is $14940. Suppose that there are contributions to the fund of $5920, $2954, and $5916 made, respectively, on the first day of March, September, and November 2021. In addition, suppose that there are withdrawals from the fund of $5099 and $9068 made, respectively, on the first day of May and September. Finally, suppose that the balance of the fund on the last day of February, April, August, October, and December 2021 is, respectively, $28739, $36236, $32115, $30305, and $16445. (a) Find the dollar-weighted rate of return for the year. (b) Find the time-weighted rate of return for the year. (A) 5.2% (B) 5.59% (C) 5.33% (D) 5.72% (E) 5.46% Problem #11(a): Select v (A) 9.64% (B) 9.77% (C) 9.25% (D) 9.51% (E) 9.38% Problem #11(b): Select v
The Cooper Foundation contributes $25,000 per year into an annuity fund for building a new zoo. The fund earns 7.5% interest. Find the amount in the fund at the end of 10 years. (Round your final answer to two decimal places.)
You deposit $1,000 in a fund at the end of each year for a 10- year period. The fund pays 5% compounded annually. How much money is available to withdraw immediately after your last deposit?
Adams Inc. will deposit $30,000 in a 6% fund at the end of each year for 8 years beginning December 31, 2017. What amount will be in the fund immediately after the last deposit?
Find the interest rate needed for the sinking fund to reach the required amount. Assume that the compounding period is the same as the payment period. $29,488 to be accumulated in 5 years; quarterly payments of $1275. %- The interest rate needed is approximately (Type an integer or decimal rounded to two decimal places as needed.)
Joseph Bogut just received a signing bonus of $1,078,000. His plan is to invest this payment in a fund that will earn 8%, compounded annually.
Leon Inc. will deposit $53,700 in a 15% fund at the end of each year for 10 years beginning December 31, 2020. Click here to view factor tables What amount will be in the fund immediately after the last deposit? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, eg. 458,581.) Amount in fund %$4
Annual deposits of $1000 are made at the end of each year for 25 years in a fund that pays 3% in the first 11 years and 4% in the remaining years. Find the AV of these deposits at the end of 25 years. Possible Answers A 36,002 B 37,391 C 38,105 D 39,420 E 40,471
Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the given conditions. (Round your answer to the nearest cent.) FV = $1,200,000, r = 4.9%, compounded quarterly for 45 years $
Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period. $49,000; money earns 4% compounded semiannually for 13.5 years
Henry is investing $44,080 at the end of each year in a fund that earns 6% interest. Click here to view the factor table. In how many years will the fund be at $370,000? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and round final answer to O decimal places, e.g. 15.) Years
Steven Spear invested $14,000 today in a fund that earns 10% compounded annually. Click here to view factor tables. To what amount will the investment grow in 3 years? To what amount would the investment grow in 3 years if the fund earns 10% annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to 0 decimal places, e.g. 458,581.) Investment at 10% annual interest Investment at 10% annual interest, compounded semiannually $

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