Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.) $  Amount Needed     A     Frequency     n     Rate     r     Time     t     $45,000     monthly     8%     35 yr

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund Amount Needed A…

A: Periodic payment refers to an amount that is paid at each period including principal and interest…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: A key component of investment analysis, capital budgeting, and financial decision-making, present…

Q: Find the amount of each payment to be made into a sinking fund which earns 7% compounded quarterly…

A: Answer Future Value $32,000 Period In Years 2.5 Rate 7% Compund  Quaterly Total Periods…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: Formula PVA = m*[1-(1+r)-n*t]/r Where PVA - Present value of annuity m - Annual deposit amount i.e.…

Q: the final payment? (Round your answer to the nearest cent.) Final payment $

A: The future value of the annuity, which comprises all payments plus any interest generated, must be…

Q: Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.…

A: Present value is the discounted value of future value.  Present value compounded at a certain…

Q: In the following ordinary annuity, the interest is compounded with each payment, and the payment is…

A: Time taken can be calculated using NPER function in excel. =NPER(rate,pmt,pv,[fv],[type]) Rate The…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: Since compounding will be done quarterly, the annual rate of interest is divided by 4 (i.e., 8%/4 =…

Q: vvk.2

A: The objective of the question is to find out how long you can withdraw a certain amount of money…

Q: What is the present value of a stream of 5 end-of-year annual cash receipts of $3,200 given a…

A: The present value of an annuity or PV of an annuity is the value of the payments or receipts to be…

Q: What deposit at t=0 into a trust fund, that pays 5% annually, is required in. order to withdraw…

A: To calculate the amount of deposit required today we will use present value of perpetuity formula as…

Q: a. Use the appropriate formula to find the value of the annuity. b. Find the interest. Periodic…

A:

Q: The payment size is $. (Round to the nearest cent.)

A: End of period payments N = 3.5 years i.e. 14 quarters Interest rate = 8%/4 = 2% per quarter Future…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. HINT…

A: Given Values:Future worth is $50000Interest rate is 7% per annumMonthly payment is 5 yearsFormula…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: We use Pv function to calculate present value of annuity

Q: Find the present value of the future amount. Assume 365 days in a year. Round to the nearest cent.…

A: Present value=Future value /  [ 1 + (Interest rate x Number of years)]

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

A: When the lender lends a loan to the borrower, he charges a rate of interest on the borrowed amount.…

Q: A design studio received a loan of $9,400 at 5.90% compounded monthly to purchase a camera. If they…

A: An amortization schedule is the table of a loan's repayments schedule. It includes information like…

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A: The correlation coefficient is a statistical measure that quantifies the relationship between two…

Q: What will a deposit of $2500 at 7.8% compounded semiannually be worth if left in the bank for six…

A: Formula for Future Value FV=PVx(1+r/2)nxt Where, FV = Future Value PV = Present Value r = rate of…

Q: Find the present value of the ordinary annuity. (Round your answer to the nearest cent.) Amount of…

A: An annuity is a stream of cash flows that are usually fixed in nature and that occur at regular…

Q: Find the present value of the following perpetuity. Made At: beginning Perpetuity Payment $160…

A: Payment = p = $160Time = t = 3Interest rate = r = 4.1 / 12 = 0.34166666666%

Q: Find the present value of the ordinary annuity.

A: We can determine the PV of ordinary annuity using the formula below:In the formula above, PMT =…

Q: Find the present value of the following perpetuity. Made At: end Perpetuity Payment $190 Payment…

A: Perpetuity is the stream of cash flows or payments that are made at equal intervals that do not have…

Q: plz solve the question III with explanation and get upvotes

A: We are authorized to answer three subparts at a time, since you have not mentioned which part you…

Q: Find the periodic payments PMT necessary to accumulate the given amount in an annuity account.…

A: Here, Particulars Values Accumulated amount in an annuity account (FV)  $30,000.00 Present…

Q: Find the amount of each payment to be made into a sinking fund which earns 8% compounded quarterly…

A: A sinking fund is a type of fund that sets aside a periodic sum in an account to repay a debt in the…

Q: purchase property that has an annual net income of 587000 and want to ear 8.25% on investment what…

A: It will be calculated using formula of Present Value :   Present Value = Annual Income1 + rn…