Paul Spear invested $13,000 today in a fund that earns 10% compounded annually. Click here to view factor tables. To what amount will the investment grow in 3 years? To what amount would the investment g annual interest compounded semiannually? (Round factor values to 5 decimal places, e.g. decimal places, e.g. 458,581.) Investment at 10% annual interest Investment at 10% annual interest, compounded semiannually LA 17303.00000

Q: To provide for expansion, a company has established a sinking fund earning 9% semi-annually. The…

A: Future value is the estimated current value of future cash flows that is discounted at an assumed…

Q: Chris Spear invested $12,000 today in a fund. To what amount would the investment grow in 3 years if…

A: Here,Amount invested today (PV) is $12,000Time Period (n) is 3 yearsInterest Rate (r) is…

Q: Stacy Medavoy will invest $8,480 a year for 20 years in a fund that will earn 11% annual interest.…

A: Variables in the question:PMT=$8480 (a year)N=20 yearsRate=11%Annuity due-Where payment is made at…

Q: In order to accumulate $1,000,000 over 20 years, how much would you have to invest at the beginning…

A: Future value of money is the amount of deposit done and amount of compounded interest accumulated…

Q: Bright Inc. will be receiving $5,300 at the end of every month for the next 3 years. If these…

A: The objective of the question is to calculate the future value of a series of monthly payments…

Q: An engineer invests $10,000 a year for 20 years into a fund. At the end of the 20 years, how much…

A: We can determine the amount in the fund after 20 years using the formula below:

Q: You invested $7,000 at the end of each quarter for 8 years in an investment fund. If t balance in…

A: Solution: An amount deposited at end of every period is known as ordinary annuity. The formula for…

Q: Amy Medavoy will invest $8,160 a year for 20 years in a fund that will earn 8% annual interest.…

A: The future value of the annuity is computed by the business entities so as to determine how much…

Q: John freeman is investing $8,592 at the end of each year in a fund that earns 3% interest. in how…

A: Amount invested in investment gives interest. After the maturity of investment, amount invested and…

Q: None

A: Future value refers to the amount accumulated at the end of a certain period from the amount…

Q: Find the interest rate needed to accumulate $45,000 in a sinking fund in 10 years, with annual…

A: A fund that is created to repay a debt or replacement of an asset by putting an equal sum of amount…

Q: If the first payment into the fund occurs today, what amount will be in the fund in 20 years? If the…

A: Future value can be calculated usingFV (rate, nper, pmt, [Pv], [type])Rate The interest rateNper…

Q: 3. Able invested $5,000 in a fund for 45 years This fund gives an annual return on 7 percent per…

A: PV =$5000r=7% for first 20 yearsr=9% for next 25 years

Q: You are contemplating investing some surplus funds and the followingoptions are available:1. Invest…

A: The objective of the question is to determine which investment option is the second best in terms of…

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

Q: Two payments of $12,000 and $3,500 are due in 1 year and 2 years, respectively. Calculate the two…

A: 1.The size of the two equal payments is $8,629.28  2.t = 3.62 years  3.r = 8.76%Explanation:Step…

Q: Pearl Medavoy will invest $7.680 a year for 20 years in a fund that will earn 4% annual interest.…

A: Future value can be calculated usingFV (rate, nper, pmt, [Pv], [type])Rate The interest rateNper…

Q: Calculate the accumulated amount of end-of-quarter payments of $8,500 made for 7 years into an…

A: Accumulated amount refers to the value of the current asset at some future date after the regular…

Q: Sean's investment of $81,400.00 in a fund matured to $155,777.80 in 8 years. If the interest in the…

A: The periodic interest rate refers to the return that the investment provides for each period. The…

Q: To what amount will the investment grow in 4 years? To what amount would the investment grow in 4…

A: The amount that is expected to be received at some future date after considering the interest rates…

Q: Tony Bautista needs $25,000 in 4 years. Click here to view factor tables. What amount must he invest…

A: Time, the value of money refers to the concept used for determining the present value on the basis…

Q: Bright Inc. will be receiving $5,400 at the end of every month for the next 2 years. If these…

A: Future value of money is the amount of deposit made and amount of interest accumulated on that…

Q: how many years

A: The $50000  fund is a lump sum amount today. The $6000 withdrawl per year is ordinary annuity. To…

Q: Shane invested $11,000 in a fund earning 5.5% compounded monthly. He will withdraw $800 from the…

A: Given, Shane invested $11000 in a fund earning 5.5% compounded monthly at the end of first 4 years…

Q: An investor needs $17,000 in 13 years. (a) What amount should be deposited in a fund at the end of…

A: Amount needed " FV" is $17,000 Time period is 13 years Interest rate is 7% Compounded Quarterly To…

Q: year for 20 years in a f

A: Answer :Future value of an annuity due = Payment * [(1+Rate)^time - 1)/rate)*(1+rate) Future value…

Q: David Quincy wants to withdraw $30,800 each year for 10 years from a fund that earns 10% interest.…

A: Given:Annual payment = $30,800Interest rate = 10%Years = 10years.

Q: Serena Medavoy will invest $7,680 a year for 20 years in a fund that will earn 4% annual interest.…

A: The future value of an investment is the total value of all contributions (both initial and ongoing)…

Q: Please don't use hand rating and correct answer

A: Step 1: Set Up the FormulaWe start with the formula for the future value of an ordinary annuity…

Q: Morgan Newman will invest $9,280 today in a fund that earns 12% annual interest. Click here to view…

A: Given: Present value = PV = $9,280 Rate = I/Y = 12% Future value = FV = $50,795

Q: Amy Alvarez is investing $312,400 in a fund that earns 15% interest compounded annually. Click here…

A: For calculation of yearly withdrawals, following formula is used-Yearly withdrawals =  where, PVIAF=…

Q: Juliana invested $5000 in a fund at the beginning of every three months for five years. The fund was…

A: Future value refers to the current value of the investment at some future date affected by interest…

Q: Candice Alvarez is investing $397,300 in a fund that earns 15% interest compounded annually. Click…

A: Yearly withdrawals = Total amount invested / Present value factor Note: Present value factor means…