2. Skymax Sdn. Bhd. signed a note with a payment of $110,800 per month for 4 years. Find the amount they must set aside today to satisfy this capital requirement in an account earning 6% compounded monthly.
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- 1. Amortize a 6% loan of RM25 000 that is paid back in four annual end of period installment. 2. A business needs RM450,000 in five years. How much should be deposited each quarter in a sinking fund that earns 9% compounded quarterly to have this amount in five years?flowmax sdn bhd sign note with a payment of $18,800 per month for 5 years. find the amount they must set aside today to satisfy this capital requirement in an account earning 12% compounded monthlyWhat amount of money must invert in a bank that pay the 25 % annual, capitalizable monthly, with the objective of get, to the final of three years, the addition of $3,000 000.00? Which would is amount Yes the rate it is capitalizable semi-annually?
- 3. If you were to deposit $399.27 into an account today that pays 8% interest annually, with a payment of $100 at the end of each year, what would you be left with at the end of 5 years? in excelAssume that you deposit RM700 in a savings account that pays 5% per year over 6 years. Your savings benefits from _____ as you leave the interest earnings in your account, and your interest earnings increases every year. Select one: a. compounding b. accumulating c. discounting d. aggregating27. You hope to accumulate an account balance of $20,000 in 4 years by making a single deposit today. If the account earns a 5% annual rate of return, you will need to deposit into the I account today.
- a) The Hendrix Company needs to repay a note payable of $1.500.000. The company will make annual deposits of $100,000 into a savings account at the end of each of the next 10 years. Assuming that the savings account earns 8% interest compounded annually, will the fund balance be sufficient to repay the debt? n = 10 years 6=8%With solution 1. Find the compound amount and the interest if: Php25 350.00 is deposited in a savings account at 7% compounded semi-annually for 2 years and 6 months. 1.Use the appropriate formula to find the future value (in $) of $900 deposited at the beginning of every six months, for 17 years if a bank pays 4% interest, compounded semiannually. (Round your answers to the nearest cent.) $ 2.A bank pays 6% interest, compounded semiannually. Use the appropriate formula to find how much should be deposited (in $) now to yield an annuity payment of $700 at the beginning of each six months, for 16 years. (Round your answer to the nearest cent.) $
- If you deposit RM15,000 in an account earning 12%, how much would you have in the amount after 15 years? Select one: a. RM82,104 b. RM82,879 c. RM83,456 d. RM87,8691. Suppose Glenn invested P10,000 for 5 years with simple annual interest of 10%. What is the future value of this investment? 2. Deposit the principal amount of P10,000 into a savings account that pays interest at the rate of 5%. What is the amount in the account after 1 year if the account is: a. compounded annually b. compounded semi-annually c. compounded quarterly d. compounded monthly e. Which is advantageous to the investor? 3. A four-year ordinary annuity has a present value of P10,000. If the interest rate is 5% per annum, how much is the amount of the annuity payment? 4. Find the present value of a deferred annuity of P4,800 every six months for 7 years, if the first payment is made in 4 years, and the money is worth 5.5% compounded semi-annually. 5. A loan is 6 Semi-annual payments of P4,500 are to be made to pay for a loan at 5.5% compounded semi-annualy. Find the value of the loan.2. Deposit the principal amount of P10,000 into a savings account that pays interest at the rate of 5%. What is the amount in the account after 1 year if the account is: a. compounded annually b. compounded semi-annually c. compounded quarterly d. compounded monthly e. Which is advantageous to the investor?