Community College has established a every 6 months for the foreseeable fu d in a trust fund earning 9.0% compo payout?

Q: A fund is established by depositing P30,000 every beginning of 3 months for 2 years. If money is…

A: The amount of fund after final deposit can be calculated with the help of future value of annuity…

Q: 4. A certain principal P was invested in a fund at a rate of 14% compounded monthly for the first…

A: Compound interest is the method in which the amount after a period is added back to the investment…

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer…

A: In the given question we need to compute the periodic payment amount if we need $50000 at the end of…

Q: Chris Spear invested $12,000 today in a fund. To what amount would the investment grow in 3 years if…

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

Q: In order to accumulate $1,000,000 over 20 years, how much would you have to invest at the beginning…

A: Future value of money is the amount of deposit done and amount of compounded interest accumulated…

Q: $1500 is invested semi-annually for 3 years into a fund that pays 6.8% per year, compounded semi-…

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

Q: An investor wishes to accumulate 10,000 in a fund at the end of 19 years. To accomplish this, she…

A: The concept of time value of money will be applied here.   The amount of X being deposited in each…

Q: An engineer invests $10,000 a year for 20 years into a fund. At the end of the 20 years, how much…

A: We can determine the amount in the fund after 20 years using the formula below:

Q: A trust fund amounting to ₱6700000 earns 7.4% annual interest. If ₱150,000 is to be withdrawn at the…

A: Amount of trust fund is P6,700,000 Interest rate is 7.4% Time period is 5 years Amount of withdrawl…

Q: 4. A sinking fund amounting to $15,000 is to be created by making payments at the beginning of every…

A: Sinking fund (SF) is a type of account which is created to accumulate the required amount after a…

Q: Deakin University wants to establish a trust fund that will provide a perpetual annual scholarship…

A: The notion of the present value asserts that an amount of money today is worth more than the same…

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: find the size of each 4 payments made at the end of each year into a 9% rate sinking fund which…

A: Future value (FV) = 63000 Interest rate (r) = 9% Number of annual payments (n) = 4

Q: how much can we paid in scolarships at the end of half year if $90.000 is deposited in a trust fund…

A: Amount Deposited = $90,000 Annual Interest Rate = 8.5%Semiannual Interest Rate = 8.5% / 2Semiannual…

Q: Find the amount of each payment to be made into a sinking fund earning 5% compounded monthly to…

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

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: A consultant advises that a fund pays out $100,000 at the end of 5 years. Provided $12,000 is…

A: Annuity due are those payments that are made at the beginning of the year and ordinary annuities are…

Q: Find the amount of each payment to be made into a sinking fund earning 9% compounded monthly to…

A: Data given: A=Amount to be accumulated = $86,000 P= Payment to be made = ? i=interest rate…

Q: Starting today and every 6 months thereafter for the next 10 years, St. Joan's Hospital plans to…

A: In this case, there are Semi-annual periods, therefore, the total number of period = 10×2 = 20…

Q: The educational trust fund for your children earns interest at 5.8% compounded monthly. What initial…

A: Understanding the future value of an investment can be an important factor in making investment…

Q: Bright Inc. will be receiving $5,400 at the end of every month for the next 2 years. If these…

A: Future value of money is the amount of deposit made and amount of interest accumulated on that…

Q: Find the amount of each payment to be made into a sinking fund earning 7% compounded monthly to…

A: Future value (FV) = $39,000 Interest rate = 7% Monthly interest rate (r) = 7%/12 =…

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: What equal deposits should be placed in a fund at the beginning of each year for 12 years in order…

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

Q: Miguel contributed $300 at the end of every 3 months into an RRSP fund earning 2.84% compounded…

A: The RRSP stands for registered retirement saving plan. This scheme is created for employees and…

Q: . $1,000 are deposited in the fund at the end of each of the first 10 years. This means that this is…

A: Time value of money (TVM) refers to the method used to measure the amount of money at different…

Q: 7. A fund is established by depositing P30,000 every beginning of 3 months for 2 years. If money is…

A: Quarterly deposit (P) = P 30,000 Interest rate = 12% Quarterly interest rate (r) = 12%/4 = 3% Period…

Q: 3. Kenchana Sdn. Bhd. needs $2,100,000 in 3 years. Find the required semiannual payment into a…

A: Future value required (FV) = $ 2,100,000 Period = 3 Years Number of semi annual payments (n) = 3*2 =…

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: are ? k of &, Deposits of $100 are made at the end of each calendar year from 2014 through 2019…

A: Time value It tells value received today has more value than that of receiving the exact value later…

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: A sum of 50,000 deposited in a fund which will earn 12% compound semiannualy for the first 5 years…

A: Computation of the amount that will be received after 12 years is shown below:

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

A: Future Value = Present Value (1 + r)n where r = periodic interest rate = 3.42% n =time period =…

Q: Create a complete sinking fund schedule and calculate the total payments and interest earned needed…

A: Future value=$9000Interest rate=5%Period one year=1Quarterly interest rate=r=5/4=1.25%Quarterly…

Income Statement

Income Statement also commonly called a profit and loss statement, one of the key financial statements (considered together with balance sheet and cash flow statement) which shows the revenues and expenses, as well as the gains and losses of a company for a given period. In other words, it presents the financial performance/profitability of a business over a specified accounting period.