You want to have $15,000,000 in an account exactly 25 years from today. You will make equal quarterly payments of $25,000 beginning next quarter and ending in 25 years. The account earns 10.00% p.a., compounded quarterly. You must have $________ in its account today.

Q: You own the right to receive a sequence of payments. The first payment is $4000 and is received…

A: A stream of cash flows in perpetuity has been provided. The present value needs to be determined.…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The size of the payment can be computed by using the PMT formula of excel. The values require for…

Q: YOU ARE PREPARED TO MAKE MONTHLY PAYMENTS OF 250 BEGINNING AT THE END OF THE MONTH INTO AN ACCOUNT…

A: Monthly payments of $250 The annuity type is Beginning of the month The interest rate is 8%…

Q: You place $4000 into an account paying 8% compounded annually. Inflation is 2.5% during each of the…

A: The real rate of return is the actual rate of return after taking inflation into account. The…

Q: You deposit $7,000 into an account earning interest at a 7% APR.  You keep the money in the account…

A: Initial deposit = $7,000 Interest rate = 0.07 or 7% Period = 5 years Money in account at the end of…

Q: You deposit $23,000.00 in an account that pays 4% compounded annually and immediately start making…

A: In this question future value would also be find out so that payment per year can be find out.

Q: You deposit $64000 into an account which pays 5% compounded monthly. You wish to make semiannual…

A: Amount that can be withdrawn from account depends on the period of withdrawal and interest rate of…

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: Future value (FV) = $150,000 Interest rate = 7.6% Semi annual rate (r) = 7.6%/2 = 3.80% Period = 18…

Q: Leonardo's bank account contains $1,200,000. Leonardo will make equal monthly withdrawals at the end…

A: Monthly payment The minimum amount that is required to paid/withdrawn every month by an individual.

Q: What is the size of the payments that must be deposited at the beginning of each 6-month period in…

A: The equivalent annual cost is the periodic payment made towards the acquisition of an asset or…

Q: You are going to deposit $4100 in an account that pays 0.47 percent interest month. How much will…

A: Future value is the estimated value of a current asset through a discount rate for a future date.…

Q: Please answer with details on how to do it. Thank you.  A company borrows $ 100,000 today at 6 %…

A: Annuities seem to be interest-bearing financial products that offer a steady steady flow of income…

Q: You deposit $200 each year in an account for 15 years and then $400 each year in the same account…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: You plan to deposit $200 at the end of every six months for 8 years starting at the end of month 6.…

A: Answer: Calculation of the amount that will be available to withdraw at the end of year 15: The…

Q: will be making end of month deposits of $800 into the account for 12.5 years. How much will you need…

A: The future value is an estimate of how much money you will have in the future from investments or…

Q: You have a financial goal of $140,000. The rate is 3% compounded annually. The time is 16 years.…

A: Formula to calculate annual periodic deposit Annuity=FV *r[(1+r)n-1] Where, FV = Future value r =…

Q: You have deposited $1,500 in an account that promises to pay 8% compounded quarterly for the next…

A: The objective of this question is to calculate the future value of an investment with quarterly…

Q: How much should be deposited now into an account earning 8.4 % interest per year, compounded every 6…

A: Compound = 6 months = Semiannually = 2Interest Rate = r = 8.4 / 2 = 4.2%Payment = p = $1500Time = t…

Q: If $6000 is deposited at the end of each half year in an account that earns 6.5% compounded…

A: The value of money refers to the concept that the value of money changes over time due to various…

Q: 1.How much must you deposit in an account today so that you have a balance of $21,829 at the end of…

A: The present value represents the current value of the expected cash flow streCam discounted over the…

Q: Please help me , Fast solution please.

A: The objective of this question is to calculate the total interest earned on an account where $605 is…

Q: You currently have $3, 000, 000 in an account that earns 8percent annual return. You willmake an…

A: The objective of the question is to find out the amount that can be withdrawn each quarter from an…

Q: You have been making quarterly contributions to your savings account for the last your contributions…

A:

Q: You wish to save $58000 in an account which pays 7% compounded quarterly by making monthly deposits…

A: Given:   Expected value in the account in future  $58,000.00 Interest rate per year 7%…

Q: If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5% per…

A: Future Value of Ordinary Annuity refers to the concept which gives out the compounded or future…

Q: need $20,000 five years from now. The account pays 9% compounded annually. If you can receive…

A: Present value is the equivalent value today of the future cash flow based on the time and interest…

Q: te.4 If for the next 30 years you place $2,000 in equal year-end-deposits into an account earning 5%…

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Q: uppose you deposit $1,681.00 into an account today that earns 11.00% p.a. It will take years for the…

A: Future value of the money is the amount deposited and the amount of compounding interest accumulated…

Q: 1. What is the future worth of a serios of equal deposits of $1500 for 10 years in a savings account…

A: Future Worth: It is the future value of annuity payments made over a period of time or the future…

Q: You deposit $87000 into an account which pays 4% compounded quarterly. You leave the money in the…

A: Compound = Quarterly = 4Present Value = pv = $87,000Interest Rate = r = 4 / 4 = 1%Time = t = 10 * 4…

Q: You're prepared to make monthly payments of $260, beginning at the end of this month, into an…

A: This is related to the concept of time value of money. Amount invested today or invested each month…

Q: you deposit $9000 into a bank account that pays 3.15% annual interest, compound quarterly. How much…

A: The time value of money is a concept in finance that accounts for the effect of compounding in…