(a) Mr. Talukder retired very recently receiving 70% lump sum of his total retirement payment of 5 Million taka of which 60% he invested in a bank against the following cash-inflows: Year-End Amount 1 165000 2-5 200000 6-9 350000 10 450000 Use a known method to identify if he made the right decision or not. Also, compute his total profit/loss for this investment.
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- On his 21st birthday, Gab was gifted P500,000. He invested this money in a mutual fund that earns 10% compounded semiannually. Gab also made annual deposits amoounting P30,000 in the same account. After 10 year, he decided to withdraw P250,000. Gab plans to retire at age 55 using the money in the account with monthly withdrawal thereafter. a. draw a cash flow diagram b. what is the balance of the account after Gab withraws P250,000An employee decided to invest in a trust fund which gives an interest rate of 2% compounded quarterly. Employee’s monthly salary is ₱70,000 and decided to invest 10% of her salary per month in the fund for 4 years. On the 5th year, the employee got promoted and her salary was increased to ₱100,000. She continued to invest the same percentage of her salary to the fund for 7 more years until she retires. QUESTION: What is the present worth of the entire fund? Choices₱1,106,007.35 ₱1,045,926.03 ₱1,003,908.99 ₱951,658.58Mr Jim retired from Nestle and received a sum of $900,000 on behave of service excellence. He opted to deposit it in Mutual Fund and enjoy yearly payments for next 15 years of his life. If the rate decided between them is 12% compounded annually. Find out what amount will he receive each year.
- 1. On the day his grandson was born, a man deposited to a trust company so that the boy could receive five annual payments of P10,000 each for his college tuition fees, starting with his 18th birthday. Interest at the rate of 12% per annum was to be paid on all amounts on deposit. There was also a provision that the grandson could elect to withdraw the lump sum on his 25th birthday. The grandson chose this option. Draw a cash-flow diagram Question: (a) How much did the boy receive as a single payment? (b) How much did the grandfather deposit? 2. A car is to be paid P15,000 at 9% interest rate. What is the equivalent amount of car after 9 years at an annual interest rate of 6% compounded quarterly.Stacey deposits $ 4500 at the end of each year for 30 years into an investment fund which pays out interests at annual effective interest rate of 3 %. He is only able to reinvest this interest at an annual effective interest rate of 2 %. What is the accumulated value of his investments at the time of the last investment. Explain your work.Robert retired on 31st December 2016 and received a sum of $ 100000 from the company towards gratuity and other terminal benefits. The company has tied up with their bankers which accepts deposits from retiring employees at 9% interest per year provided the investment is for 5 years and interest is paid along with principal. If Robert decides to invest $100000 for 5 years, how much will he get at the end of 5 years? $ 145000.00 $ 190000.00 $ 153862.40 $ 132920.60
- Your uncle has $795,000 and wants to retire. He expects to live for another 25 years and to earn 7.5% on his invested funds. How much could he withdraw at the end of each of the next 25 years and end up with zero in the account? Select one: a. $59,908.79 b. $77,025.58 c. $71,319.98 d. $79,878.38 e. $72,033.18To save for retirement, Ed is investing 14.037 thousand dollars this year. Write the function R(t) that shows the stream of money flowing into Ed's investment account under each of the following circumstances. Assume a continuous income stream. Do NOT round any values. (a) Ed continues to invest the same amount each year for the next 20 years.R(t) = 14.037+20t thousand dollars per year(b) Ed increases his investment by 4.45 thousand dollars per year over the next 20 years.R(t) = thousand dollars per year(c) Ed increases his investment by 4.45% each year over the next 20 years.R(t) = thousand dollars per yearAlexandra Cunningham of Gardner, Massachusetts, has a $140,000 participating cash-value policy written on her life. The policy has accumulated $4,500 in cash value; Alexandra has borrowed $2,300 of this value. The policy also has accumulated unpaid dividends of $1,352. Yesterday Alexandra paid her premium of $1,000 for the coming year. What is the current death benefit from this policy?
- William North has just inherited $1,066,000 which he would like to use as part of his retirement nest egg. He invested the funds at a 7.41 percent annual rate compounded annually. William will reach age sixty in 6 years and will retire early. Now he would like to know how much he could withdraw from the fund in equal installments at the end of each year from the year he reaches age 60 until he reaches age 70½, the year he must start withdrawing funds from his individual retirement account (IRA). William assumes the funds will continue to earn at a 7.41 percent annual rate. In other words, William would like to know the annual year-end payment from an eleven-year annuity (from age 60 to the year he will be 70½), earning 7.41 percent annually. Round the answer to two decimal places.Steven Jackson invests $57,000 at 10% annual interest, leaving the money invested without withdrawing any of the interest for 10 years. At the end of the 10 years, Steven withdraws the accumulated amount of money. (a) Compute the amount Steven would withdraw assuming the investment earns simple interest.(b) Compute the amount Steven would withdraw assuming the investment earns interest compounded annually.(c) Compute the amount Steven would withdraw assuming the investment earns interest compounded semiannually.1 John and Mary had the following transactions for 2020. Calulate net capital gain/loss, how much to deduct in 2020 and any carryford to 2021 Short Term capital loss (8,000) Long term capital gain 24,000 Long term capital loss (30,000) 2 John purchased an office building in 2010 for $450,000. In 2020 he sells the building for $950.000. John's remaining mortgage on the building was $150,000. The buyer paid $650,000 and assumed the remainig debt on the building. John had taken $100,000 depreciation on the building. Calculate a -Adjusted basis in the building b- Any realized gain or loss on the building