Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate following amount. Payments are made at the end of each period. $57,000; money earns 7.9% compounded quarterly for 3 years Each payment is $ (Round up to the nearest cent.) ****

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A: Given : We have $500,000 saved for retirement and the account earns 5% interest compounded monthly.…

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A: From given R=3000,i=0.04,n=8

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Q: given annuity account. (Assume - 19 years at 4% per year

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A: Given,  Amount = $22,400 time = 3 years rate = 8%

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Q: Find the amount accomulated FV in the given annuity account. (Assume end-of-period deposits and…

A: Given that: R=monthly payment =$200 r = rate of interest = 0.0712 n =Number of payments =12×13=156

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Q: Find the amount necessary to fund the given withdrawals. Semiannual withdrawals of $900 for 7 years;…

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