Two funds, X and Y, start with the same amount. Given the information below, calculate j. i) Fund X accumulates at a force of interest of 5%. ii) Fund Y accumulates at a rate of interest j, compounded semiannually. iii) At the end of eight years, fund XX is 1.05 times as large as fund Y.

Q: 13.  happy Corp. established a fund where they pay $200 annually into the fund. The interest rate…

A: Year Year-1 Year-2 Year-3 Year-4 Year-5 Total Amount that $200 invested each year will become…

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

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

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Q: Sue has contributed $2,843.00 every three months for the last 11 years into an RRSP fund. The…

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Q: A closed-end fund starts the year with a net asset value of $27. By year-end, NAV equals $28.60. At…

A: Information Provided: Beginning NAV = $27 Ending NAV = $28.60 Beginning NAV Premium = 2% Ending NAV…

Q: 10 The balance of an investment fund at the beginning of the year and at the end of the year is…

A: Discounting is a technique which is used to compute the present value (PV) of future amount by using…

Q: onthly. After this period, the accumulated money was left in the account for another 5.5 yea e same…

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Q: Six annual deposits in the amount of $4,000, $3,300, $2,600, $1,900, $1,200 and $500, in that order,…

A: Future Value(FV) is compounded value of present amount at future date.

Q: You invested $6,000 at the end of each half-year for 8 years in an investment fund. If the balance…

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Q: Sue has contributed $2,843.00 every three months for the last 11 years into an RRSP fund. The…

A:

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

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Q: Equal deposits are made into a sinking fund at the end of each year for seven years. Interest is…

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

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Q: Lindsey made equal deposits at the beginning of every 3 months into an RRSP. At the end of 9 years,…

A: Compound = Quarterly = 4Time = t = 9 * 4 = 36Future Value = fv = $50,000Monthly Compound Interest…

Q: You invested $5,000 at the end of each half-year for 7 years in an investment fund. If the balance…

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Q: Conners' Equipment established a sinking fund to accumulate $250,000 by making payments at the…

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Q: Miguel contributed $300 at the end of every 3 months into an RRSP fund earning 2.84% compounded…

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Q: monthly. After this period, the accumulated money was left in the account for anothe same interest…

A: Introduction: Future Value refers to the investment value to be received at a constant growth rate.…

Q: On March 15, year 1, ABC Corporation adopted a plan to accumulate P1,000,00 by September 1, year 5.…

A: When an equal amount is paid every period at the beginning of each period, it is called as an…

Q: Suppose an individual invests $10,000 in a load mutual fund for two years. The load fee entails an…

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Q: At the end of every six months for 20 years, it gains value with an annual effective interest rate…

A: In this we have divide whole into two parts. and find out future value at the end of 20 years.

Q: Shannon deposited $15,500 into a fund at the beginning of every quarter for 20 years. He then…

A:

Q: A trust fund with a beginning balance of $24,000 earns interest at 5.0% compounded quarterly. If…

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Q: Create a complete sinking fund schedule and calculate the total payments and interest earned needed…

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Q: An annual deposit of P1,500.00 is placed on a fund at the end of each year for 6 years. If the fund…

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Q: $2,950 was deposited at the end of every six months for 8 years into a fund earning 4.5% compounded…

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Q: Francis deposits P 100,000 into a fund today and P 200,000 fifteen years later. Interest is credited…

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