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A: Present Value The present value is the value of cash flow stream or the fixed lump sum amount at…
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A: "Since you have asked multiple question, we will solve the first question for you. If you want any…
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A: Formula Present value = P*[1-(1+g)n*(1+r)-n]/(r-g) Where P - First payment i.e. $2500 g - Annual…
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A: Present value can be defined as the amount which is to be set aside in order to have a pre-defined…
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A: Present Value annuity- The present value of an annuity is the present worth of future outflow from…
Q: Cody invested the profit of her business in an investment fund that was earning 2.25% compounded…
A: Given, The amount of withdrawal is $5000. Interest rate is 2.25% compounded monthly.
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A: Calculation of money will be in account.
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Q: A father wants to set aside money for his 5-year-old son's future college education. Money can be…
A: Deposit: It is a saving which one earns during his or her earning period and saves the same amount…
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A:
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A: Quarterly deposit (P) = P10,400 Interest rate = 10% Quarterly interest rate (r) = 10%/4 = 2.50%…
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A: Solution:- Interest is the return amount on money invested.
Q: Cardo invested a certain amount at 20% simple interest per year. After 8 years, the interest she…
A: solution concept under simple interest the interest is calculated on the principal amount only .…
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A: The future value is the future worth of the amount that will be paid or received at future.
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Q: how much is the 3rd investment?
A: Monthly interest rate 1st deposit = 6.5%/12 ; time=11×12=132months 2nd deposit = 7.3%/12 ;…
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A: Data given: pmt= k 300 r=12% (compounded monthly) n=17-12 =5 years
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A: Time value of money (TVM) refers to the method or technique which is used to measure the amount of…
Q: On the day his son was born, a father deposited to a trust company a sufficient amount of money so…
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Q: Mr. Cruz deposited P150, 000.00 now, so that his 2 years old daughter will receive 5 equal amounts…
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Q: Today is a Tamara's 25th birthday, she decided to deposited a 14500 at a rate of 12% per annum to…
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A: Compounding is a strategy for calculating the future value (FV) of current cashflows using a…
Q: On his son's fifth birthday, a man decides to deposit a certain amount which will be equivalent to…
A: given, FV = P28000 NOMINAL RATE = 5.5% INFLATION = 8.7% N = ( 18-5) = 13 YEARS
Q: On his son's fifth birthday, a man decides to deposit a certain amount which will be equivalent to…
A: given, FV = 28000 NOMINAL RATE = 512%=5.5% inflation = 8.7% n = 13 years ( 18-5)
Q: Jodan received an amount of GHc 1000 from his grandpa as a birthday gift. He decides to invest the…
A: Future Value refers to the value of the current asset or investment or of cash flows at a specified…
Q: Mr. Cruz deposited P150,000.00 now, so that his 2 years old daughter will receive 5 equal amounts of…
A: Deposit (P) = P150,000 Interest rate (i) = 12% Period (T) = 15 Years Number of payments (N) = 5
Q: my cousin hershey is a newly public school teacher who plans for education of her future children.…
A: Annuities assume that money is put into the account on a regular schedule and money is left in the…
Q: A father wants to set aside money for his 5-year old son's future college education. Money can be…
A: Present Value The present value is the value of cash flow stream or the fixed lump sum amount at…
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- Refer to the present value table information on the previous page. What amount should Brett have in his bank account today, before withdrawal, if he needs 2,000 each year for 4 years, with the first withdrawal to be made today and each subsequent withdrawal at 1-year intervals? (Brett is to have exactly a zero balance in his bank account after the fourth withdrawal.) a. 2,000 + (2,000 0.926) + (2,000 0. 857) + (2,000 0.794) b. 2,0000.7354 c. (2,000 0.926) + (2,000 0.857) + (2,000 0.794) + (2,000 0.735) d. 2,0000.9264A mother wants to insure the education of his son. On the 7th birthday of the son, he invest in a fund the amount of P 200,000.00 earning at 6.5% interest rate compounded monthly; on the 10th birthday another P 200,000.00 at an interest rate of 7.3% compounded monthly: on the 15th birthday another sum of money at 8% compounded monthly. If on the 18th birthday the son have a total withdrawable amount of P1.3M, how much is the 3rd investment?On the day his son was born, a father deposited to a trust company a sufficient amount of money so that his son could receive money in the future. There was a provision that the son can withdraw an amount of P10,000 each year for 3 years starting on his 18th birthday and P15,000 eight months after the last withdrawal. The interest rate is 5% compounded monthly. How much money can he receive on his 18th birthday, if he decided to withdraw all the money at once?
- On the day his son was born, a father deposited to a trust company a sufficient amount of money so that his son could receive money in the future. There was a provision that the son can withdraw an amount of P10,000 each year for 3 years starting on his 18th birthday and P15,000 eight months after the last withdrawal. The interest rate is 5% compounded monthly. 1. What is the effective interest rate? 2. How much did the father deposit? 3. How much money can he receive on his 18th birthday, if he decided to withdraw all the money at once?A man wants to help provide a college education for his young daughter. He can afford to invest $1500/yr for the next 5 years, beginning on the girl’s 5th birthday. He wishes to give his daughter $10,000 on her 18th, 19th, 20th, and 21st birthdays, for a total of $40,000. Assuming 6% interest, what uniform annual investment will he have to make on the girl’s 9th through 17th birthdays?To prepare for his son's college education, a man plans to make monthly deposits of Php2000 for 60months, starting today. Interest rate is 12% annually. What is the present worth of all his investment?
