How much will I invest in a fund that will amount P1 500 000 in 12 years if money is worth 5% compounded quarterly?A P826 284.73B P272 303. 23P272 304.00D P1 427 286.41

Future value (FV) = P1,500,000 Period = 12 Years Quarterly period (n) = 12*4 = 48 Interest rate = 5%…

Answered: How much will I invest in a fund that…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Similar questions

You invest $1500 today and another $2000 18-months from today in a fund earning j4 = 8% for the first 18 months followed by j₂ = 6% thereafter. How much do you have at the end of 4 years? OA. $4007.79 OB. $4377.73 OC. $4274.59 OD. $4276.84 27
How much should he invest in a fund that pays 17% effective rate to accumulate Php350,000 in 4 years? O Php186,777.52 O Php322,211.31 O Php672,211.52 O Php167,765.69
f1. Subject :- Finance
Saylor, who earned $152 906 profit from his gamble on bitcoin, decides to invest half of the money in an ETF fund that is estimated to return 9.25% compounding monthly. How much will his ETF investment be worth after 10 years? Select one: a. $192 121.75 b. $85 342.68 c. $201 329.34 d. $112 121.75
Not use excel
F2
Suppose you want to have $ 20,000 saved in 15 years. If you can earn 4.66% on your funds, how much would you have to invest today to reach your goal? $ 10,100 O $9,941 $ 10,300 O $10,456
5
C.10. Assume that at age 25 you have decided to become a millionaire by age 65. You decide to in- vest regularly at the end of every year for 40 years into a fund earning 12 percent interest. The initial investment deposit at EOY 1 will be relatively small, but you expect to increase the amount of each subsequent deposit by 8 percent every year thereafter. (a) Find the amount of the initial investment (deposit at EOY 1). (b) Find the amount of the final investment (deposit at EOY 40).
B 2. Deposits of $6000 are made every 6 months into a fund starting today and continuing until 10 deposits have been made. Six months after the last deposit, there is $70 630 in the fund. What nominal rate of interest, j2, do the deposits earn?
A company has $44,000 today to invest in a fund that will earn 4% compounded annually. How much will the fund contain at the end of 6 years? (PV of $1 EV of $1. PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.) Multiple Choice $55,673 $45,760 $55,550 $54,560 $59,862
H10.

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How much will I invest in a fund that will amount P1 500 000 in 12 years if money is worth 5% compounded quarterly? (A) P826 284.73 B P272 303. 23 P272 304.00 D P1 427 286.41