How much is in the fund at the end of 12 years, if it accumulated at 5% for the first 8 years, and at 6% for the last 4 years?
Q: 5. A fund of P3,000,000 needs to be available after 10 years. How much deposit should be made every…
A: Future value required (FV) = P3,000,000 Interest rate = 6% Monthly interest rate (r) = 6%/12 = 0.50%…
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A: Amount required (FV) = )25,000.00 Number of quarterly payments (n) = 40 (i.e. 10 years * 4)…
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A: Here, Future value is 'FV' Present value or investment amount is 'P' Nominal interest rate is 'r'…
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A: Current worth is the present value of cash flows that are expected to occur in future.
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A: Effective interest rate is the interest rate considering the impact of compounding on the interest…
Q: If $100 is deposited in a fund at the beginning of each 3 months for 8 years and the money is…
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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
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A:
Q: You invested $5,000 at the end of each half-year for 7 years in an investment fund. If the balance…
A: The Future Value of a payment series is the total value of all the payments assuming a fixed growth…
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A: A series of payments made over a period with equal intervals of time is an annuity. The present…
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A: future value of annuity=A×1+rmm×n-1rmwhere,A=monthly depositr=rate of interestm=frequency of…
Q: What is the present value of annual payments of $2,000 for 12 years at 1 percent?
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A: GIVEN, FV = GH¢100000 N = 5 YEARS R=6%
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A: Answer - Part 1 - If P20,000 is invested in a fund that pays 10% compounded annually, how much…
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A: In this we have divide whole into two parts. and find out future value at the end of 20 years.
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A: Future value (F) = P 25,000 Annual interest rate = 5% Semi annual interest rate (r) = 5%/2 = 2.5%…
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A: Computation of R:
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Q: At the beginning of each year? ___________ At the end of each year?
A: Information Provided: Funds amount = $300,000 Annual earning rate = 7.75% Term = 25 years
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A: The concept of present value asserts that a sum of money today is worth more than the same sum in…
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A: Time value of money- It is based on the concept that money earned today is worth more than similar…
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A: Formula FVA = P*((1+i)n-1)/i Where FVA - Future value of annuity i.e. 55000 P - Annual payment i -…
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A: Compound interest is the method of investment in which the interest is added to the principal.…
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A: Future value of sequence of periodic payments consists of payments made and interest accumulated…
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- If $100 is deposited in a fund at the beginning of each 3 months for 8 years and the money is invested at 5% compounded quarterly, how much is the fund (a) at the end of 7 3/4 years just after the payment due then is made (b) at the end of 8 years?On January 1, you deposited $6,000 in an investment account. The account will earn 10 percentannual compound interest, which will be added to the fund balance at the end of each year.Required (round to the nearest dollar):1. What will be the balance in the account at the end of 10 years?2. What is the interest for the 10 years?3. How much interest revenue did the fund earn in the first year? the second year?Deposits of $6000 are put into a fund at the end of each month for the next 9 years. At the end of the 9th year, month payments from the fund commence, and continue forever. If i, = 6.71 %, find the size of these payments. Answer: 4966.24
- Eight equal deposits of $1,000 are made at the end of each year into a fund paying 8%. a. What is the present worth, 1 year before the first deposit? b. What is the future worth, immediately after the last deposit? c. What is the future worth, 3 years after the last deposit?. How much must be deposited in a fund at the end of each six months for 12 years to raise P25,000 by the end of that time, if money is worth 5% compounded semiannually? Make out the first six lines of the sinking8. Deposits of 1000 are placed into a fund at the end of each year for the next 25 years for the subsequent purchase of a perpetuity. Five years after the last deposit, annual payments commence and continue forever. If i = .09 then find the amount of each payment.
- 4. P240,000 will be deposited in a fund at the beginning of each six months for 5 yrs. Using 11% as the interest rate compounded semi-annually, compute how much is in the fund at the end of 4 ½ years just after the last deposit. (use 2 decimal places for your final answer)Annual deposits of $1000 are made at the end of each year for 25 years in a fund that pays 3% in the first 11 years and 4% in the remaining years. Find the AV of these deposits at the end of 25 years. Possible Answers A 36,002 B 37,391 C 38,105 D 39,420 E 40,471You are given: i. Fund X accumulates at an interest rate of 8% compounded quarterly. ii. Fund Y accumulates at an interest rate of 6% compounded semiannually. iii. At the end of 10 years, the total amount in the two funds combined to $1000. iv. At the end of 5 years, the amount in Fund X is twice that in Fund Y. Calculate the total amount in the two funds at the end of 2 years.
- 2: An investment fund is set up to make payments of $1,250 at the end of every month for 15 years. Interest on the fund is 8.50% compounded monthly. (a) How much money must be deposited into the fund today to allow for this series of payments? (b) How much will be paid out of the fund? (c) How much interest will be earned by the fund?Please show your correct solutionA fund is being formed by monthly deposit of P2,000 at 6% compounded monthly a) Find the amount after a year b) What is the amount in the fund just after the 5 deposit? c) Construct the sinking fund schedule for a 5 month period.