Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.) $ Amount Needed A Frequency n Rate r Time t $45,000 monthly 8% 35 yr
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Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.)
$
| Amount Needed A |
Frequency n |
Rate r |
Time t |
| $45,000 | monthly | 8% | 35 yr |
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- Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.)$ Amount Needed A Frequency n Rate r Time t $95,000 quarterly 1.3% 7 yrFind the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer to the nearest cent.)$ Amount Needed A Frequency n Rate r Time t $7,000 annually 0.5% 6 yrdetermine the size of the payments that must be made to a sinking fund in order to accumulate $233,188 if the interest rate is 5.25% compounded quarterly and payments are made for 7 1/4 years. Use TVM solver
- Find the amount of a perodic payment necessary fur the deposit of a sinking fund. Amount needed a = 60000 Frequency n = semi-annual Rate r = 2% Time t = 10 yearsFind the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period. Round answer to the nearest cent.1 $79,000; money earns 6% compounded semiannually for 13 years 2A. $1,335.44B. $1,940.57OC. $982.92OD. $1,152.81Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period. 4) $8900; money earns 5% compounded annually; 13 annual payments Please show all workings step by step.
- A fund is being formed by monthly deposit of P2,000 at 6% compounded monthly a) Find the amount after a year b) What is the amount in the fund just after the 5 deposit? c) Construct the sinking fund schedule for a 5 month period.Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period. $49,000; money earns 4% compounded semiannually for 13.5 yearsUsing the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Required amount - 25,700 Frequency of payment - Quarterly Length of time - 5 years Interest rate 8% Payment amount end of each period -
- Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the given conditions. (Round your answer to the nearest cent.) FV = $1,900,000, r = 9%, compounded monthly for 25 yearsPlease dont answer in spreadsheet format, i wont understand Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period. 4) $8900; money earns 5% compounded annually; 13 annual paymentsUse the sinking fund formula shown to the right to determine the monthly payment needed to accumulate $620,000 with 8% interest are compounded monthly for 32 years. p=Arn1+rnnt−1 The monthly invested payment is