money at the end of ten years

Q: eremiah Wood wants to set up a fund to pay for his daughter's education. In order to pay her…

A: Amount needed in 4 years (CF1) = $25,000 Amount needed in 5 years (CF2) = $26900 Amount needed in 6…

Q: Alex has set up a sinking fund for his son's college education in 10 years. From now on, he can save…

A: The first part of the question is asking for the future value of an ordinary annuity. The formula…

Q: A newborn child receives a $4,000 gift toward a college education from her grandparents. How much…

A: The time value of money helps investors to take investment decisions based on present value, future…

Q: Mike wants to donate $5,000,000 to establish a fund to provide an annual scholarship in perpetuity.…

A: Donation amount=$5,000,000Interest rate=4.93%Annual scholarship after 3.5 years.

Q: Emma wants to donate $1,000,000 to establish a fund to provide an annual scholarship in perpetuity.…

A: Annual rate "r" is 5% number of compounding "m"= 4 Present value of the donation amount = $1000000…

Q: eives a ​$8,000 gift toward a college education from her grandparents. How much will the ​$8,000 be…

A: Future value is value of the principal amount of $ 8000  after 18years at 5.6% compounded quaterly.…

Q: A newborn child receives a $9,000 gift toward a college education from her grandparents. How much…

A: As per the given information: Principal amount or amount of money deposited (P) - $9,000 Time period…

Q: Your grandfather placed $5,000 in a trust fund for you. In 12 years what will be the worth of the…

A: Solution:- When an amount is invested, it earns interest.  The amount initially invested is called…

Q: Jeremiah Wood wants to set up a fund to pay for his daughter's education. In order to pay her…

A: The lump sum payment today is calculated using the following present value equationWhere, CFi is the…

Q: Your grandfather wants to establish a scholarship in his father’s name at a local university and has…

A: Perpetuity term refers to the cash flow for an indefinite period or forever. The present value of…

Q: ex has set up a sinking fund for his son's college education in 10 years. From now on, he can save…

A: Sinking funds are amount of deposit required for the future planning requirements needed in the…

Q: A charity will be donated by a wealthy man to provide annual scholarships to deserving students. The…

A: Annual payment for first 5 years (A) = $120000 Quarterly payment for next 5 years (Q) = $30000…

Q: Donald will receive $450,000 from his trust fund in 20 years from today. He assumes he could get a…

A:

Q: A woman was bequeathed a trust fund that pays $50,000 per year to her and to her descendants…

A: Present value= Annual Cash inflows / Interest rate

Q: Emma wants to donate $1,000,000 to establish a fund to provide an annual scholarship in perpetuity.…

A: Donation amount=$1000000Interest rate=4.12%Annual scholarship after 2.5 years.

Q: To benefit the ISU College of Business, Bill Vickers would like to establish a “perpetual”…

A: Future Value (FV)= $210,000 per year Time period (n)= 13 years  Annual return (i)= 4.1 percent…

Q: Larry Mattingly turned 20 years old today. His grandfather had established a trust fund that will…

A: The present value of any future payment or cash flow is its discounted value for the defined number…

Q: Karen White, a lottery winner, will receive the following payments over the next seven years. She…

A: With discount rate (r), period (n) and future cash flow (FV), the present value is calculated as…

Q: Brenda Young desires to have $16,500 eight years from now for her daughter’s college fund. If she…

A: Data given: FV= $16500 n=8 years r=12% (compounded annually) Required: what amount should she…

Q: Emma wants to donate $1,000,000 to establish a fund to provide an annual scholarship in perpetuity.…

A: Step 1 The quantity of the regular cash flows is simply divided by the discount rate to get the…

Q: Your newborn daughter has received a total of 8,000 in cash from various friends and relatives. If…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: Your grandfather placed $5,000 in a trust fund for you.  In 12 years, the fund will be worth $9,500.…

A: Initial Value = $5,000Final Value = $9,500Number of years (n) = 12We need to calculate the annually…

Q: Thomas Finley wishes to become a millionaire. His money market fund has a balance of $183,204 and…

A: A money market fund is mutual fund that invests in liquid financial instruments. These instruments…

Q: please answer within the format by providing formula the detailed working Please provide answer in…

A: This entails the application of time value of money concepts. Periodic deposits grow into a higher…

Q: A newborn child receives a $4,000 gift toward a college education from her grandparents. How much…

A: The amount that a present investment will gain in value over time when kept in a compound interest…

Q: A newborn child receives a $10,000 gift toward a college education from her grandparents. How much…

A: P = $10,000 (initial investment).r=5.5% or 0.055 (annual interest rate as a decimal).n=4 (compounded…

Q: Mr. and Mrs. Maglalang decide to set aside ₱ 500,000 today and place it on a bank savings account…

A: Assuming college debut happens in 18th year, Duration of the fund (n) = 18 years = 72 quarters r =…

Q: A trust fund for a 8 - year - old grandchild is being set up by her grandfather. The objective of…

A: Annuity can be defined as the series of equal payments into a fund account. In this account interest…

Q: our grandfather wants to establish a scholarship in his father's name at a local university and has…

A: Perpetuity type of annuity pay the money forever and the present value of perpetuity depends on the…

Q: what amount should she deposit now?

A: Present Value is the value of a cash flow at the current time. The value of money multiplies with…

Q: Larry Mattingly turned 20 years old today. His grandfather had established a trust fund that will…

A: The present value (PV) of a future sum of money or stream of cash flows is the current value,…