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
2,500 is deposited into Fund X, which earns an annual effective rate of zero. At the end of each year, 10% of the balance is withdrawn from the fund. The annual withdrawals are deposited into Fund Y, which earns an annual effective rate of 10%. Determine the accumulated value of Fund Y at the end of year 10. a) 2,806 b) 2,252
If annual deposits of $1,000 are made into a fund paying 12% interest compounded annually, how much money will be in the fund immediately after the 5th deposit?
An investor deposits $1000 at the beginning of each year for five years in a fund earning 5% effective. The interest from this fund can be reinvested at only 4% effective. Show that the total accumulated value at the end of ten years is 1250($111.04 - $1.04 −1).
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.
Consider an amount of 25,000 in a fund today, October 25, 2022. Determine its value on Oct. 25, 2019 at 4.32% annual effective interest rate
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
4. P240,000 will be deposited in a fund at the beginning of each six months for 5 yrs. Using 11% as the interest rate compounded semi-annually, compute how much is in the fund at the end of 4 ½ years just after the last deposit. (use 2 decimal places for your final answer)
Imagine you have 100,000 worth in a fund today November 15, 2022. Give enough of it on the due date and at the corresponding interest rate.a.) At an effective discount rate of 3.24% on Nov. 15, 2020.b.) At an effective discount rate of 3.24% on Feb. 15, 2024.c.) At an interest rate of 8.4% payable monthly on Sept. 15, 2021.d.) At an discount rate of 3% convertible quarterly on May 15, 2025.
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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