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: A fund is established by depositing P30,000 every beginning of 3 months for 2 years. If money is…

A: The amount of fund after final deposit can be calculated with the help of future value of annuity…

Q: In order to accumulate $1,000,000 after 35 years, calculate the amounts that must be invested at the…

A: Computation:

Q: 4. A certain principal P was invested in a fund at a rate of 14% compounded monthly for the first…

A: Compound interest is the method in which the amount after a period is added back to the investment…

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: $1500 is invested semi-annually for 3 years into a fund that pays 6.8% per year, compounded semi-…

A: We have; Amount invested semi annually as $1500  Interest rate is 6.8% compounded semi annually Time…

Q: Arish has $25,000 in an investment account and plans to contribute $1,000 at the start of each…

A: Rate of interest The cost associated with borrowing money. Over time, it is given as a percentage…

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: $1500 is invested semi-annually for 3 years into a fund that pays 6.8% per year, compounded semi-…

A: The equivalent cost or deposit is the periodic payment (PMT) made towards the acquisition of an…

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: What is the amount of the required annual deposit?

A: Here we have been give the following information              Funds required at the end of January…

Q: What is the accumulated value of periodic deposits of $3,500 made into an investment fund at the…

A: The Future Value of Annuity Due refers to the concept which determines the sum total of all the cash…

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: 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: Deposits of $6000 are put into a fund at the end of each month for the next 9 years. At the end of…

A: The perpetuity refers to the regular payment of receipt for an infinite period of time at a  certain…

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: 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: Red Company invested $10,000 in a fund that was earning interest at a rate of 4.00% compounded…

A: Here, Investment Amount is $10,000 Interest Rate is 4% for 2.5 years Interest Rate after 2.5 years…

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: klp.1

A: The objective of the question is to determine the duration for which Mr. Deneau can make withdrawals…

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: 124 0.4950495 0.4926108 0.4901961 0.4854369 0.4807692 0221 0.3267547 0.3235304 0.3203485 0.3141098…

A: We have to find out future value FACTOR of annuity and find out quarterly payment.

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: Find the amount of each payment to be made into a sinking fund earning 7% compounded monthly to…

A: Future value (FV) = $39,000 Interest rate = 7% Monthly interest rate (r) = 7%/12 =…

Q: In order to accumulate $500,000 after 25 years, calculate the amounts that must be invested at the…

A:

Q: Determine the interest rate needed to accumulate the following amounts in a sinking fund, with…

A: Interest is the cost of borrowing money, and the interest rate is the amount of interest that is…

Q: Apex Fabricating wants to accumulate $801,000 for an expansion expected to begin in four years. If…

A: Accumulated expenses (FV) = $801,000Rate = 6.80% (compounded monthly)Number of years = 4 years

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: A sum of 50,000 deposited in a fund which will earn 12% compound semiannualy for the first 5 years…

A: Computation of the amount that will be received after 12 years is shown below:

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: A corporation creates a sinking fund in order to have $560,000 to replace some machinery in 10…

A: We can determine the payment amount with either a formula or with a financial…

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: If 1000 pesos was deposited in a fund at the beginning of each 3 months for 10 years and money is…

A:

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=…