annual deposit should BOBOT Company make for four years in order to accumulate the desired amount on July 1, 2023

Q: Arish has $25,000 in an investment account and plans to contribute $1,000 at the start of each…

A: Rate of interest The cost associated with borrowing money. Over time, it is given as a percentage…

Q: On March 15, year 1, ABC Corporation adopted a plan to accumulate P1,000,000 by September 1, year 5.…

A: Amount to be accumulated = P1000000 Number of deposits (n) = 4 r = 10% Let the annual deposit = A

Q: What amount will Smalls list as Interest Expense for 2020?

A: Amount Borrowed = $100000000 Interest Rate = 3.8% Date of Borrowing = July 1, 2020 Interest from…

Q: What is the amount of the required annual deposit?

A: Here we have been give the following information              Funds required at the end of January…

Q: The following expenses will be incurred by company X: next year = P5Ok, 2015 = P70k , 2016 = P100k…

A: Calculation of Present value of expenses at end of year 2009

Q: Starting at 1 January 2020, the effective rate of interest will be 5% per half-year for 12 months,…

A: This is a question based on the concept of time value of money, a major difference being that…

Q: On January 1, 2021, Monster Corporation borrowed $9 million from a local bank to construct a new…

A: Amortization schedule: It can be defined as a table that shows the expense of interest, repayment of…

Q: Kirk, Klein & Co. requires $108,000 fifteen years from now to retire a debt. A sinking fund (a) What…

A: Loan: It is the amount due to the lender by the borrower and the borrower pays periodic payments to…

Q: The present value of an annuity is 16,950. Quarterly payments of 369 are made from 16,950 that is…

A: Present value of annuity (PV) = 16950 Quarterly payment (C) = 369 Annual interest rate = 4%…

Q: Qin Jiushao deposits 1, 000 into a fund on January 1, 2020 and then another deposit of unknown…

A: Here, Deposit Amount is $1000 Time Weighted Yield Rate is 10%

Q: On September 1, 2010, you decided to put $ 14000 in a money market fund. On March 1, 2015, you…

A: When any sum is deposited in any deposit product at certain rate of interest, the amount gets…

Q: On March 15, year 1 ABC Corporation adopted a plan to accumulate P1,000,000 by September 1, year 5.…

A: Annual deposit = X Interest rate (i) = 10%

Q: What is the future value on December 31, Year 11, of 20 cash flows of $15,000 with the first cash…

A: The future value (FV) is a financial concept that represents the value of a sum of money at a…

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: The sum of $159,760 is invested at 5.5% compounded monthly for four years. After the four years, the…

A: The present value of annuity refers to the current value of future annuity payments to be paid at a…

Q: £1443 paid at the end of each year for the first 4 years followed by £1441 paid at the end of each…

A: Annual payment for first 4 years = £1443 Annual payment for 15 years (including first 4 years) = p =…

Q: Mark deposit $1,000,000 in a fund today, the conditions for payment to Mark are a fixed amount for…

A: using excel Goal seek to find out the fixed amount

Q: Beginning December 31, 2018, Stanley wants to make ten equal, annual withdrawals from an investment…

A: Since the withdrawal will be made at the end of each year, therefore, it is an annuity and formula…

Q: P240,000 will be deposited in a fund at the beginning of each six months for 5 yrs. Using 11% as the…

A: Semi annual deposit = P = P240,000 Interest rate = 11% Semi annual interest rate (r) = 11%/2 = 5.50%…

Q: corporation hopes to withdraw $9,000 at the end of each year for six years from a fund that earns 7%…

A: Variables in the question:Withdrawal each year (PMT)=$9000 n=6 yearsRate=7%

Q: Carla Vista Company has decided to begin accumulating a fund for plant expansion. The company…

A: Years = 5 years (2018, 2019, 2020, 2021, and 2022)Present value = $93,000 Annual payments (for 5…

Q: Required 1: What is the present value of the additional payments to be made to the pension fund? $[…

A: "As you have asked questions with subparts more than 3; According to honoring guidelines answers for…

Q: After the last financial crisis, a company is obligated to make additional quarterly payments to an…

A: "As you have asked questions with subparts more than 3; According to honoring guidelines answers for…

Q: John Goodheart wishes to provide for 6 annual withdrawals of $3,000 each beginning January 1, 2029.…

A: Value of an Annuity-The value of an annuity refers to the present value or future value of an…

Q: What is the future value on June 30, Year 11, of 20 cash flows of $15,000 with the first cash…

A: Compound = Semiannually = 2time = 20 Payment = $15,000Semiannually Interest Rate = 10 / 2 = 5%

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

A: The financing option is based on the interest expense computation which can either be a simple…

Q: Adams Inc. will deposit $55,100 in a 10% fund at the end of each year for 8 years beginning December…

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

Q: What will be the balance on September 027 in a fund which is accumulated by aking $30,000 annual…

A: The estimated amount that an initial quantity of money will grow to, taking into account the…

Q: A company wants to have $50,000 at the beginning of each 6-month period for the next 4+1/2 years. If…

A: Final amount = $50,000Time = 4.5 years Rate = 6.23% compounded semi-annually

Q: 124 0.4950495 0.4926108 0.4901961 0.4854369 0.4807692 0221 0.3267547 0.3235304 0.3203485 0.3141098…

A: We have to find out future value FACTOR of annuity and find out quarterly payment.

Q: 0. The The Hendrix Company needs to repay a note payable of S $100,000 into a savings account at the…

A: The question is based on the concept of Annuity in Financial Management. Annuity refers to the…

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

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

Q: On January 1, 2025, Sandhill Company decided to begin accumulating a fund for asset replacement five…

A: The amount that is deposited today will be of cumulative worth tomorrow to be adjusted with the time…

Q: A certain amount was invested on 2021 such that it generated a periodic payment of $10,000 at the…

A: The present value of the annuity due is the current worth of a cash flow series received or paid at…

Q: Today is 1/7/2023, John plans to deposit $500 at the beginning of each month into an investment…

A: Step 1:Step 2:Step 3:Step 4:

Q: Morgan Inc. will deposit $53, 700 in a 15% fund at the end of each year for 8

A: The value of an investment or cash flow at a later time, predicated on a specific interest rate or…

Q: Bob Smith borrowed $800,000 on Jan 1, 2022. This amount, plus accrued interest at 12% compounded…

A: We have the amount borrowed ,rate of interest and term after whcih the same needs to  be reapid. We…

Q: Visano

A: Annuity refers to the series of payments made at an equal set of intervals.Annuity due refers to the…

Q: In order to meet a future liability in exactly 17 years time, a company plans to invest in a fund…

A: Future value is the value of an investment or asset at a specified date in the future, based on the…

Q: Urgently need. An engineer wishes to set up a special fund by making uniform semiannual…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

Q: Commencing January 1 2022 Narelle plans to deposit $500 at the beginning of each month into an…

A: Given the following:  Periodic deposit, P = $500 Interest rate from 1 January to 30 June, r1 = 2.62%…

Q: On January 1, 2020, Flannagan Fencing Corp. establishes a debt retirement fund to pay off a $500,000…

A: The mathematical equation is:

Q: Qin Jiushao deposits 1, 000 into a fund on January 1, 2020 and then another eposit of unknown amount…

A: Here,  Time Weightage Yeild Rate is 10% ( It will be considered only) Deposit is 1000

Q: A 10,000 loan is paid off over 10 years; interest is 6 percent effective. The borrower uses a…

A: Sinking funds are funds which are set aside for the repayment of a particular debt or loan.

Q: On March 15, year 1, ABC Corporation adopted a plan to accumulate P1,000,00 by September 1, year 5.…

A: When an equal amount is paid every period at the beginning of each period, it is called as an…