An amount, P, must be invested now to allow withdrawals of $1,000 per year for the next 13 years and to permit $300 to be withdrawn starting at the end of year 5 and continuing over the remainder of the 13-year period as the $300 increases by 6% per year thereafter. That is, the withdrawal at EOY six will be $318.00, $337.08 at EOY seven, and so forth for the remaining years. The interest rate is 10% per year. Click the icon to view the interest and annuity table for discrete compounding when i= 6% per year. Click the icon to view the interest and annuity table for discrete compounding when i = 10% per year. The P amount is $ (Round to the nearest dollar.)

A firm wishes to set aside equal amounta at the end of each of 10 years beginning at the end of the first year in order to have $8000 maintenance funds available at the end of the seventh , eighth , ninth , and tenth years , what is the required annual payment if the money is invested and draws 6 percent compounded annually?

5. An amount is deposited for eight years at 6%. If compounding occurs semiannually, then the table value is found at a) 6% for eight periods. b) 3% for eight periods. 3% for 16 periods. 6% for 16 periods 6. Sue Gray wants to withdraw $10,000 (including principal) from an investment fund at the beginning of each year for three years. How should she compute her required initial. investment at the beginning of the first year if the fund earns 12% compounded quarterly? a) $10,000 times the present value of a 3-period, 12% annuity due of 1. $10,000 times the present value of a 12-period, 3% annuity due of 1. $10,000 times the present value of a 3-period, 12% ordinary annuity of 1. d) $10,000 times the present value of a 12-period, 3% ordinary annuity of 1. moro Pr

A debt of 8,800 with interest at 5% payable semi annually will be discharged by payment of 1,200 at the end of each 8 periods as long as necessary, with a final smaller payment of 8 periods after the last 1200 is paid due to COVID19. How much will be the beginning amount after the last period? How much will be the final payment after the last period? How much will ve the interest after the last period? Give the amortization schedule containing the period, beginning amount, payment, interest, repayment and ending balance.

A debt of 8,800 with interest at 5% payable semi annually will be discharged by payment of 1,200 at the end of each 8 periods as long as necessary, with a final smaller payment of 8 periods after the last 1200 is paid due to COVID19. How much will be the beginning amount after the last period? How much will be the final payment after the last period? How much will ve the interest after the last period? Give the amortization schedule containing the period, beginning amount, payment, interest, repayment and ending balance. Show your solution, dont use excel

4. A company has to replace a present facility after 15 years at an outlay of ETB. 5,00,000. It plans to deposit an equal amount at the end of every year for the next 15 years at an interest rate of 18% compounded annually. Find the equivalent amount that must be deposited at the end of every year for the next 15 years. ltinthe e theX tlon An investment of

Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due. Future value of $800 per year for 10 years at 12%: $   Future value of $400 per year for 5 years at 6%: $   Future value of $800 per year for 5 years at 0%: $

A sum of P1,000 is invested now and left for eight years at which time the principal is withdrawn. The interest that has accrued is left for another eight years. If the effective annual rate of interest is 5%, what willI be the withdrawal amount at the end of 16th year? P775 P500 D. P779 P706

A lump sum S deposited into either fund X or fund Y will be exactly sufficient to provide a perpetuity of $100 per year with the first payment due at the end of one year. Fund X will earn interest at an effective annual rate of 10% for the first 30 years and 6% thereafter. Fund Y will earn interest at a level effective annual rate of j. In which of the following ranges is j?   someone help?

Kirk, Klein & Co. requires $108,000 fifteen years from now to retire a debt. A sinking fund is established into which equal payments are made at the end of every month. Interest is 5.7% compounded monthly (a) What is the size of the monthly payment? (b) What is the balance in the sinking fund after nine years? (c) How much interest will be earned by the fund in the 137th payment interval? (d) By how much will the fund increase during the 138th payment interval? (e) Construct a partial sinking fund schedule showing details of the first three payments, the last three payments, and the totals. (a) The payment is $ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed)