Crystal’s aunt, 44 years old, is evaluating her retirement portfolio. She paid her house off in anticipation of an early retirement. In addition, she has invested wisely in her company’s 406k, a Roth IRA, municipal bonds, and certificates of deposit. She has amassed $292,000 in her diversified portfolio. Today, she has the opportunity to deposit her money at 9% compounded quarterly. Assume she retires at 51 years old. How much will her investment be worth?

Q: Five annual deposits in the amounts of $5,000, $4,500, $4,000, $3,500, and $3,000 are made into nd…

A: here we calculate the amount in the fund immediately after the fifth deposit by following method…

Q: You want $1,000,000 in the bank when you retire in 35 years. How much should you deposit each year?…

A: We want $1,000,000 in the bank at the time of retirement. Interest rate is 10% Here we have to…

Q: 3. Don Blaza bought a property for 300,000 down payment and the balance in 10 deferred semi-annual…

A: Here we calculate the given by following method as follow;

Q: 14. Audrey buys a piece of lot for P160,000 down payment and 12 deferred semi-annual payments of…

A: The entrance and outflow of cash and cash equivalents are referred to as cash flow. The cash flow of…

Q: Ms Blank plans to invest P115391 at 121/2% simple interest for 3 years. At what compound interest…

A: Future worth is a value of an investment on a particular date in the future. To put it another way,…

Q: 7. How much is invested at the beginning of each year to accumulate a fund of P20,000.00 at 4%…

A: We are going to use Future worth to answer this question.

Q: 3.Suppose that a $100 lump sum amount is invested for 10 years at a nominal interest rate of 6%…

A: Investment is $100. Since the interest rate is compounded quarterly the interest rate per quarter…

Q: On his sixth birthday, the boy was left with inheritance. The inheritance will be paid in a lump sum…

A: In economics, present value refers to the current value of a future stream of cash flow. Future…

Q: By the condition of a will, the sum of P 400,000 was left to a Aldrin to be held in trust fund by…

A: The amount paid in excess of the principal amount by the borrower to the lender is the interest…

Q: A loan of $50,000 at 8 percent compounded annually is to be paid off in 25 years by uniform annual…

A: Given: Loan amount (P)=$50000 Interest rate (r)=8% Time period (n)=25 years Payments on schedule…

Q: Many retirement funds charge an administrative fee equal to​ 0.25% on managed assets. Suppose that…

A: To determine how much more Alexx will have than Spenser after 30 years, we need to calculate the…

Q: 14. Compute for the effective annual interest rate if nominal rate is 7% compounded continuously.…

A: Given that,  Nominal interest rate (i) = 7% or 0.07 compounded continuously.

Q: 1. Ana is scouting a DLSR cam to cover her parents' silver wedding anniversary. She found one at…

A: A table containing information on a loan or other financial product that amortizes over time, like a…

Q: You have taken a loan of $85,000.00 for 26 years at 4.8% compounded quarterly. Fill in the table…

A: Compounded interest happens when interest is determined on an initial principal amount and then…

Q: 65. A 10% effective rate of interest is equivalent to what percent if compounded continuously? 9.53%…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: What equal monthly payments will repay an original loan of $1,000 in sex months at a nominal rate of…

A: The rate of interest is divided into two forms: effective interest rate and nominal interest rate.…

Q: What is the present equivalent of a uniform series of quarterly payments of $4,500 each for 4 years…

A: Because compounded bimonthly; thus we will compute to compound six times annually.   Effective…

Q: 2. Which of these gives the highest effective rate of interest? 16.35% compounded twice every month…

A: An effective interest rate is defined as an interest rate, which is applied on loan or financial…

Q: 7. Calculate the effective annual interest rate of the following: a. 12% compounded annually b. 12%…

A: Dear student, you have asked multiple sub-part questions in a single post.In such a case, as per the…

Q: What is the present equivalent of a uniform series of quarterly payments of $4,500 each for 6 years…

A: Given: Interest rate = 8% compounded bimonthly Quarterly payments @ $4,500 each quarter for 6 years…

Q: n an ordinary annuity (uniform series of payments) if the nominal rate of interest is 8% compounded…

A: a.) CAPITAL RECOVERY FACTOR   When compounded quarterly the interest rate is divided by 4 and the…

Q: . If P 5,000 shall accumulate for 10 years at 8% compounded quarterly, then what is the compound…

A: Given: Present value = 5000 Number of years = 10 The interest rate is:

Q: What is the balance in an account at the end of 10 years if $25,000 is deposited today and the…

A: Compound interest is computed on both the principal and the interest earned over a period of time.…

Q: 1. Determine the ordinary simple interest on a 5 years loan of $ 195703 at 13.05%.

A: Exact interest refers to an approach of computing the interest on a debt based on a 365 day year. In…

Q: debt of $40,000 whose interest rate is 15% compounded semiannually, is to be discharged by a series…

A: Present worth is the idea that expresses a measure of cash today is worth more than that equivalent…

Q: Erwin expects to receive 20,000 dollars in 10 years. If interest is computed at 6% compounded…

A: Given: Amount (A)=$20000 Interest rate (r)=6% compounded continuously Number of years (t)=10

Q: An entrepreneur needs thousand of dollars to launch the global expansion of his software business. I…

A: Effective annual rate (EAR) implies a real interest rate which an investor is expect from his…

Q: Given the situation , choose the correct formula to solve the problem: What present value amounts to…

A: The formula for present value(PV) is given below: PV=FV×11+RN FV: future-value R: interest rate N:…

Q: What is the future value of $8600 a year for 32 years at 8.1 percent interest, compounded annually?

A: Given information, Present value (PV): $8600 Time period (n): 32 years Interest rate (r): 8.1%…

Q: 49. The interest for an interest period is calculated on the principal plus total amount of interest…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: Find the net present value of the following cash flows, which can be purchased by an initial…

A: Here we calculate the net present value of the given cashflow by using the given information and…

Q: 14) George Springer will make $5,000 monthly payments into his Canadian Retirement account. At…

A: Monthly payment to retirement account = 5000 In retirement, he will receive 10,000 per month for 15…

Q: 1. A man wishes his son to receive P200000 ten years from now. What amount should he invest if it…

A: Given :               F = P 200,000               n = 912 Compound interest for first five years :…

Q: 1. A man wishes his son to receive P200, 000 ten years from now. What amount should he invest if it…

A: If initial investment be M, then M x (1.10)5 x (1.12)5 = 200,000 M x 1.6105 x 1.7623 = 200,000 M =…

Q: 21. A year-end bonus of $25,000 will generate how much money at the beginning of each month for the…

A: The term "compounding" is used to describe the usual process by which an investment grows in value…

Q: If $400 is deposited in a savings account at the beginning of each of 15 years and the account draws…

A: The problem above is an annuity problem and can be solved by the formula given below with interest…

Q: Consider this cash flow diagram. Calculate Capital Recovery component. Write formula, use compound…

A: Capital Recovery component is a widely used method for managers to measure the AE of costs .

Q: You have three choices in placing your Money in a bank account. V Bank A pays 7.25% compounded…

A: Let's calculate the interest on the $1000 and check which bank has offered greater interest. Thus, a…