With a present value of $125,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money is worth 7.8%, compounded quarterly? (Round your answer to the nearest cent.)
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![With a present value of $125,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money is worth 7.8%, compounded quarterly? (Round your answer to the
nearest cent.)
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- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityYou put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the fifth year. B. Use the future value of $1 table in Appendix B and verity that your answer is correct.7. With a present value of $135,000, what is the size of the withdrawals that can be made at the end of each quarter for the next 10 years if money is worth 6.4% compounded quarterly? 12/2/2022 If $88,000 is invested in an annuity that earns 5.8% compounded quarterly, what payments will it provide at the end of each quarter for the next 5 years? C01120- Chapter 2: Mathematics of finance TCL
- Eleven years from now you would like to withdraw $20,000 a year for a period of 5 years (periods 11 through 15) plus the additional amount of $30,000 in year 15. Assuming a growth rate of 8.00%, what amount must you deposit today to make these future withdrawals a reality?(a) Find the APY for money invested at 7.2% compounded continuously? (b) If $2000 is invested today at 8% compounded quarterly, how much would it be worth in 2030? (c) How much should you deposit presently at 6% compounded quarterly in order to receive payments of $800 quarter for the next 5 years?If you make quarterly deposits of $1000 for 15 years into an account that compoundsinterest at 1.5% per month, what is the value F at end of the 15-years period. (Ans. $297,381.08)(Draw the Cashflow)
- How much should be deposited now at 7 percent compounded annually to make possible withdrawals of $7,500 at the end of each year for 10 years, with the first withdrawal to be made 15 years from now ? Interest during the withdrawal period is 6 percent compounded annually. please doing these math correctly and details solutionYou found out that now you are going to receive payments of $9,000 for the next 11 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 11%. What is the present value of these payments? Round your answer to the nearest whole dollar. a.)$83,704 b.)$49,602 c.)$55,859 d.)$62,003If $0,000 per quarter in invested in an account that eams a nominal annual interest rate of 9% compounded monthly, how much money will be in the account at the end 1 of 6 years? The account will have S (Round to the nearest dollar.)
- What nine-year annuity cash flow (i.e., annual cash flows for 9 years) will generate a 5.0% return on a $17,000 investment today? Round your answer to three (3) decimal places.What amount of money is equivalent to receiving $10,000 three years from today, if interest is compounded quarterly at the rate of 3.5% per quarter?What amount must be set aside now to generate payments of $30,000 at the beginning of each year for the next 10 years if money is worth 5.52%, compounded annually? (Round your answer to the nearest cent.)$_____