What equal annual series of payments must bepaid into a sinking fund to accumulate the followingamounts?(a) $54,000 in 12 years at 7% compounded annually.(b) $38,000 in 15 years at 8% compounded annually.(c) $25,000 in 8 years at 6% compounded annually.(d) $13,000 in 10 years at 10% compoundedannually

Q: 4. In order to raise a fund at the end of 5 years, quarterly deposits of P200,000 were made at 4%…

A: A sinking fund is a fund set up by an organization or government to gradually accumulate money over…

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer…

A: In the given question we need to compute the periodic payment amount if we need $50000 at the end of…

Q: Marigold Corp. deposits $12000 in a fund at the end of each year for 5 years. The fund pays interest…

A: The future value function or concept can be used to determine the future value of a present sum or…

Q: how much can we paid in scolarships at the end of half year if $90.000 is deposited in a trust fund…

A: Amount Deposited = $90,000 Annual Interest Rate = 8.5%Semiannual Interest Rate = 8.5% / 2Semiannual…

Q: Find the amount of each payment to be made into a sinking fund earning 9% compounded monthly to…

A: Data given: A=Amount to be accumulated = $86,000 P= Payment to be made = ? i=interest rate…

Q: A project is estimated to cost $328,880 and provide annual net cash flows of $80,000 for six years.…

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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: 4. ( s) Fund A earns interest at a simple rate of i% a year. $P is invested in fund A. (a) What is…

A: Simple Interest: An investment is said to earn a simple interest if the interest is computed on the…

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: Find the interest rate needed for the sinking fund to reach the required amount. Assume that the…

A: Borrowings are the liability that is used to finance the requirement of the funds. The borrower…

Q: Find the amount of each payment into a sinking fund if $14,000 must be accumulated. Payments are…

A: Future Value $      14,000Interest rate p.a.6.00%Number of Year3

Q: Fund A is invested at an effective annual interest rate of 5%. Fund B is invested at an effective…

A: The effective annual interest rate is the rate that a security/fund generates for the investor…

Q: A project is estimated to cost $320,320 and provide annual net cash flows of $77,000 for seven…

A: Internal Rate of Return: Internal Rate of Return is the return where the sum of discounted cash…

Q: A corporation creates a sinking fund in order to have $640,000 to replace some machinery in 8 years.…

A: It is a case of calculating the future value of a quarterly annuity. Here, the future value is…

Types of Insurance Contract

Insurance is a contract wherein an individual or entity gets financial protection from the insurance company for any damages or losses incurred. The individual or entity is called the insured, whereas the insurance company is called the insurer. The insured and the insurer enter a legal contract for a fixed term called the insurance term, and the contract is called an insurance policy.