Calculate the amount of money Dylan had to deposit in an investment fund growing at an interest rate of 2.00% compounded annually, to provide her daughter with $11,000 at the end of every year, for 2 years, throughout undergraduate studies.
Q: Find the present value of the following ordinary deferred annuity. Periodic Made At: Payment Period ...
A: Here, Periodic Payment is $310 Payment is made at the end of the period Payment Period is 1 years Pe...
Q: why is knowledge of the money market important for carrying out value maximizing working capital sho...
A: The money market is important for the organizations and the government to keep a smooth cash flow op...
Q: f the Ending Inventory increases and everything else remains the same, what happens to the Food Cost...
A: Ending Inventory: It refers to the value of the goods available for sale and thus, are held by the ...
Q: BEYOND BANZAI PLUS VOCAB FILL IN THE BLANK Complete the paragraph using the terms below.
A: Please find the words to be filled in the blanks. It is related to the payroll department.
Q: Pina Co. has the following defıned benefit pension plan balances on January 1, 2020. Projected benef...
A: Given information is represented in the form of a table below,
Q: How much interest is earned in 4 years on P12,000 deposited in an account paying 4% compounded semi-...
A: Interest earned = Future value - Present value
Q: Question 6 A debt of $449 due in 4 months and another debt of $610 due in 11 months are both to be p...
A: Debt due after 4 months = $449 Debt due after 11 months = $610 Payment period = 8 months Payment per...
Q: Discuss how enterprise risk management has revolutionized e-commerce today
A: Enterprise risk management has revolutionized e-commerce today in various ways.
Q: Find the ordinary interest using: a) Ordinary time b) Exact time c) Find the Exact Interest using ex...
A: The amount paid to an investor for the invested fund is called interest. It is the compensation paid...
Q: What principal amount is equivalent to a withdrawal of 10,600 on the 2ndyear, 4,000 on the 4thyear, ...
A:
Q: SOLVE FOR THE RETURN ON EQUITY
A: Return on equity is a measure of return available for the equity holders of a company. It is calcula...
Q: Paco buys a bicycle that costs $4,700. Give a 30% down payment and pay with a payment of $3,627.23 n...
A: Bicycle cost = $4700 Down payment = 30% Balance amount = 4700*(1-0.30) = 4700*0.70 = $3290 Period o...
Q: S00 $2,400 $2,200 $2,000 $1,00 $1.600 $1,400 $1,200 $1,000 Monthly Wage Rate
A: Equilibrium level is the level where the demand and supply is equal to each other. It is the balance...
Q: An item will need replacing in 6 years from now at a cost of ₱128,000.00. How much should the owner ...
A: Future value required (FV) = P128,000 Period = 6 years Quarterly periods (n) = 6*4 = 24 Interest ra...
Q: for Market Price per S
A: Step 1 The market price or market capitalization of a company is calculated using the market price p...
Q: A sum of P1,000 is invested now and left for eight years, at which time the principal is withdrawn. ...
A: The fee paid to a lender or depositor for depositing funds is called interest. This interest is paid...
Q: How much money should you invest at an interest rate of 6% compounded monthly, to have P400,000 in 5...
A: Present Value can be calculated using PV function in excel PV (rate, nper, pmt, [Fv], [type]) Rat...
Q: Suppose you buy a Merck put for $2.50 which matures in September with a strike price of $50. Merck i...
A: Given in the question, Strike price = $50.00 Current price = $51.75 stock price = $46
Q: Adrian borrowed $2,000 for 4 years For the first 15 years, the interest rate on the loan was 8% comp...
A:
Q: A power plant is planning an expansion worth $4 million now. What uniform revenue every six months w...
A: Investment now (X) = $4 million Let the revenue every six months = A Interest rate = 12% monthly com...
Q: A $10000 15-year bond is priced to yield at 12% compounded quarterly. It has quarterly coupons of $2...
A: Face Value = $10,000 Time Period = 15 Years Yield = 12% compounded quarterly
Q: 7. In a small stock market, there are three assets. The corresponding covariance matrix and the expe...
A: Expected return on portfolio With three assets, the expected return on portfolio is calculated as sh...
Q: Determine the present worth of a geometric gradient series of Contract A at an interest rate of 8% p...
A: Present value (PV) of growing annuity refers to an annuity which shows the current value of all the ...
Q: A bank projects that the value of an account they hold will be $2, 000, 000 in 5 years. If the accou...
A: Future value (FV) = $2,000,000 Period (t) = 5 Years Interest rate (r) = 5% Mathematics constant (e) ...
Q: c f P5000 iš ich year a single payment of osited in an account that earns 16% pounded continuously. ...
A: The future value of the annuity includes the amount deposited and amount of interest accumulated ove...
Q: XYZ Ltd. cash budget forewarns of a short-term surplus. Which of the following would be the appropri...
A: Solution:- Short term cash surplus means the company has the excess cash for a short term of time an...
Q: A 5-year project will require an investment of $100 million. This comprises of plant and machinery w...
A: Hi, since you have posted a question with multiple sub-parts, we will answer the first three as per ...
Q: You have just taken out a $16,000 car loan with a 8% APR, compounded monthly. The loan is for five y...
A: Payment per period can be calculated using PMT function in excel. PMT(rate, nper, pv, [fv], [type]...
Q: Which of the following orders allows for partial execution?
A: FOK (Fill or Kill Order): This type of order allows being executed immediately at the specified pri...
Q: Difficulties arise with the use of IRR for investment appraisal where: There is more than one sign c...
A: IRR or Internal Rate of Return is an investment appraisal tool. It is the rate at which the NPV of a...
Q: A client approaches you with the news that she plans to retire on a ranch worth R3 000 000. She plan...
A: Future Value = R3,000,000. Time Period = 20 Years Interest Rate = 12%
Q: Assets (in KD) Liabilities (in KD) 20000 Accounts Cash 80000 payable Accrued Accounts receivable Inv...
A: The question is related to Ratio Analysis. The Average Collection Period is calculated with the help...
Q: Company A's equity is $4 million, and the volatility of its equity is 60%. The debt that will have t...
A: Value of assets (Va) = $17.08 million Volatility of assets (σa) = 0.1576 r = 6% = 0.06 T = 1 year D ...
Q: 2. The following are exercises in present values: a. $100 at the end of three years is worth how muc...
A: Since multiple questions are asked we will solve 1st question for you as per prescribed policy. Co...
Q: Which fluctuate more--long-term or short-term interest rates? Why?
A: An investor's debt to a borrower is represented by a bond, which may be a fixed-income investment (t...
Q: In a fixed-for-fixed currency swap where country A’s interest rate is higher than country B’s intere...
A: A fixed for fixed currency swap is one in which the counterparties enter in to agreement to pay inte...
Q: he dividend per share was 27 last year while the current market price of the shares is 135. The grow...
A: The return required by a business for an investment or project, or by an individual for an equity in...
Q: If the rate of inflation is 4.8%, what nominal interest rate is necessary for you to earn a 2.2% rea...
A: Inflation rate = 4.8% Real rate = 2.2%
Q: The future value of an investment increases as the number of periods increases True or Fase
A: Future value means the value of investment after x period of time compounded at the interest rate.
Q: What is the impact of annuity dues in consideration to business matter?
A: Annuity Due: It is the fixed amount of payment that is due immediately at the beginning of each peri...
Q: 11. A man deposited P6,000 at a rate of 10% per annum. However, to add more fund, he deposits P500 p...
A: Future value (FV) Future value (FV) of a present amount (PV) is calculated as shown below. FV=PV×1+i...
Q: enext five years, and the annual interest rate is 6%. ich of the following formulas determines Frank...
A: Loans are to paid by equal monthly payment that carry the payment for the interest and payment for p...
Q: Differentiate annuity dues and deferred annuities.
A: An annuity can be divided into two types: Annuity due: Unlike a regular annuity, annuity due paymen...
Q: Balance sheet Assets (in KD) Liabilities (in KD) Cash 53627 Accounts payable 80000 Accounts receivab...
A: Solution:- Current ratio measures the liquidity of the company ie. the ratio of current assets to cu...
Q: 2. An elective project is currently under review. An initial investment of $116,000 would be necessa...
A: In today's world, it has become crucial for the managers to choose the best alternative from a set o...
Q: Describe the services and characteristics that are of prime importance to you in a financial institu...
A: Financial institutions are the institutions in which the operations are all finance related. These i...
Q: What part of P2,000 is P 800?
A: Concept Percentage is number or ratio expressed as fraction of 100. Percentage can be calculated by...
Q: Barker Production Company is considering the purchase of a flexible manufacturing system. The after-...
A: The payback period, NPV and IRR are the values determined for comparing the available projects for t...
Q: Choose from the two machines which is more economical: Machine B 14000 P2,000 2,400 Machine A First ...
A: You have asked to specifically calculate part c. Concept . Present worth cost method. In this me...
Q: 1. The formula being used to get the working capital is - a. Working Capital= Current Assets/Current...
A: Solution 1:- As per Bartleby honor code, if multiple questions are posted, the expert is required on...
Step by step
Solved in 2 steps
- Comprehensive The following are three independent situations: 1. K. Herrmann has decided to set up a scholarship fund for students. She is willing to deposit 5,000 in a trust fund at the end of each year for 10 years. She wants the trust fund to then pay annual scholarships at the end of each year for 30 years. 2. Charles Jordy is planning to save for his retirement. He has decided that he can save 3,000 at the end of each year for the next 10 years, 5,000 at the end of each year for Years 11 through 20, and 10,000 at the end of each year for Years 21 through 30. 3. Patricia Karpas has 200,000 in savings on the day she retires. She intends to spend 2,000 per month traveling around the world for the next 2 years, during which time her savings will earn 18%, compounded monthly. For the next 5 years, she intends to spend 6,000 every 6 months, during which time her savings will earn 12%, compounded semiannually. For the rest of her life expectancy of 15 years, she wants an annuity to cover her living costs. During this period, her savings will earn 10% compounded annually. Assume that all payments occur at the end of each period. Required: 1. In Situation 1, how much will the annual scholarships be if the fund can earn 6%? How much at 10%? 2. In Situation 2, (a) How much will Charles have at the end of 30 years if his savings can earn 10%? How much at 6%? (b) If Charles expects to live for 20 years in retirement, how much can he withdraw from his savings at the end of each year if his savings earn 10%? How much at 6%? (c) How much would Charles need to invest today to have the same amount available at the time he retires as calculated in Situation 2(a) at 10%? How much at 6%? 3. In Situation 3, how much will Patricias annuity be?Calculate the amount of money Zhang had to deposit in an investment fund growing at an interest rate of 4.50% compounded annually, to provide his daughter with $13,000 at the end of every year, for 3 years, throughout undergraduate studies.Calculate the future value of end-of-month payments of $4,000 made at 3.57% compounded quarterly for 4 years. Calculate the amount of money Miguel had to deposit in an investment fund growing at an interest rate of 2.50% compounded annually, to provide her daughter with $13,000 at the end of every year, for 3 years, throughout undergraduate studies Dylan deposits $350 at the end of every month for 2 years and 4 months in a retirement fund at 4.64% compounded quarterly. a. What type of annuity is this? Ordinary simple annuity Ordinary general annuity Simple annuity due General annuity due b. How many payments are there in this annuity?
- On January 1, Alan King decided to transfer an amount from his checking account into aninvestment account that later will provide $80,000 to send his son to college (four yearsfrom now). The investment account will earn 8 percent, which will be added to the fund eachyear-end.Required (show computations and round to the nearest dollar):1. How much must Alan deposit on January 1?2. What is the interest for the four years?Tom up a savings fund for his son's education so that he would be able to withdraw $1,550 at the beginning of every month for the next 6 years. The fund earns 4.98% compounded quarterly. a. What amount should he deposit today to allow for the $1,550 periodic withdrawals? b.How much interest would he earn in this investment? Blake invested $1,800 at the beginning of every 6 months in an RRSP for 11 years. For the first 8 years it earned interest at a rate of 4.40% compounded semi-annually and for the next 3 years it earned interest at a rate of 6.40% compounded semi-annually. a. Calculate the accumulated value of his investment after the first 8 years. b. Calculate the accumulated value of his investment at the end of 11 years. c. Calculate the amount of interest earned from the investment. Blake invested $1,800 at the beginning of every 6 months in an RRSP for 11 years. For the first 8 years it earned interest at a rate of 4.40% compounded semi-annually and for the…What lump sum do parents need to deposit in an account earning 11%, compounded monthly, so that it will grow to $100,000 for their son's college fund in 12 years? (Round your answer to the nearest cent.)
- New parents wish to save for thier newborn's education and wish to have $36,000 at the end of 18 years. How much should the parents place at the end of each year into a savings account that earns an annual rate of 5.6% compounded annually? (round your answer to two decimal places). How much interst would they earn over the life of the account? Determine the value of the fund after 12 years.To create a college fund, a parent makes a sequence of 20 yearly deposits of $4000 each year in a saving account, on which interest is compounded annually at 2.8%. Find the amount of annuity.Mr. J. J. Parker is creating a college fund for his daughter. He plans to make 15 yearly payments of $1500 each with the first payment deposited today on his daughter’s first birthday. Assuming his daughter will need four equal withdrawals from this account to pay for her education beginning when she is 18 (i.e. 18, 19, 20, 21), how much will she have on a yearly basis for her college career? J. J. expects to earn a hefty 12% annual return on his investment. (show work)
- New parents wish to save for their newborn's education and wish to have $45,000 at the end of 16 years. How much should the parents place at the end of each year into a savings account that earns an annual rate of 4.8% compounded annually? (Round your answers to two decimal places.)$ How much interest would they earn over the life of the account?$ Determine the value of the fund after 8 years.$ How much interest was earned during the 8th year?Arnett College predicts that in 18 years it will take $350,000 to attend the college for four years. Hannah has a substantial amount of cash and wishes to invest a lump sum of money for her child’s college fund. How much should Hannah put aside in an account with an APR of 8% compounded monthly in order to have $350,000 in the account in 18 years? Round your answer to the nearest cent, if necessary.Revere College predicts that in 6 years it will take $150,000 to attend the college for four years. Emma has a substantial amount of cash and wishes to invest a lump sum of money for her child’s college fund. How much should Emma put aside in an account with an APR of 7% compounded monthly in order to have $150,000 in the account in 6 years? Round your answer to the nearest cent, if necessary.