How much would a business have to invest in a high-growth fund to receive $14,000 every month for 6 years, receiving the first payment 3 years from now? The investment earns interest at 6.25% compounded monthly. $4 $0.00 Round to the nearest cent

Q: Choi Home Repair needs to accumulate $22,000 in 6 years to purchase new equipment. What sinking fund…

A: In the given question we require to calculate the sinking fund payment choi home repair need to make…

Q: You invest $10,000 in Rapid Growth Funds, which appreciate by 6% per year, with yields reinvested…

A: To calculate the future value of the investment the following formula will be used: R is the rate…

Q: Assume that you want to have $ 4100 saved in a sinking fund in 1 year. The account pays 3%…

A: Future value (FV) = $ 4100 Annual interest rate = 3% Monthly interest rate (r) = 3%/12 = 0.25%…

Q: A loan of $50,000 is due 10 years from today. The borrower wants to make monthly payments at the end…

A: The payments made constantly without any uneven time gap are called annuity where nominal amount for…

Q: Investing that $120,000 in a saving account for 15 years. There are two banks for her choice. Bank A…

A: As asked, amount of money Molly would accumulate in Investment 1 after 15 years if she chooses Bank…

Q: Suppose someone wants to accumulate $40,000 for a college fund over the next 15 years. Determine…

A: Given, The required amount is $40000. Term is 15 years

Q: A company plans to place money in a new venture capital fund that currently returns 10.7% per year,…

A: Effective annual interest rate(EAR) refers to the real rate of return that we earn on our savings or…

Q: You find a mutual fund that offers approximately 6% APR compounded monthly. You will invest enough…

A: Annuity means finite no. of payments which are same in size and made in equal intervals. A person…

Q: A small business owner deposits $5000 monthly deposits in an equity fund as his financial analysis…

A: future value of annuity formula: Future value =A×1+rmm×n-1rmwhere,A=annuityr=rate of…

Q: A business must raise $90,000 in 6 years. What should be the size of the owners' quarterly payment…

A: We will apply the required formula to calculate the each quarterly payment using 6 years time and…

Q: Kyle wants $20,000 in 4 years. He can invest in a fund that earns 6% and compounds quarterly. How…

A: N - Number of Compounding Periods = 4 Years * 4 quarters = 16 I% - Annual Interest (as a %) = 6%…

Q: An investment promises to pay $3,500 per year for the next three years and then $4,000 per year for…

A: Cash inflow for first three years = $3500 Cash inflow for the following two years = $4000 Discount…

Q: Starting at the end of this year, you plan to make annual deposits of $7,000 for the next 10 years…

A: MS-Excel --> Formulas --> Financials --> FV

Q: Investing that $120,000 in a saving account for 15 years. There are two banks for her choice. Bank A…

A: Given information: Periodical payment is $12,000 Rate of return is 12%

Q: You have been hired to run a pension fund for TelDet Inc, a small manufacturing firm. The firm…

A: Calculate the value in 10 years as follows:   a. value in 10 years = Future value of 5 year cash…

Q: An investment opportunity has the following characteristics: payments of $10,000 will be made to you…

A: In order to find the purchase price of investment opportunity the present value of the opportunity…

Q: How much must you invest at 12% interest, compounding quarterly, in order to see your investment…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: A local retail franchise must buy a new piece of equipment in 6 years that will cost $89,000. The…

A: Payment per period can be calculated using PMT function in excel.   PMT(rate, nper, pv, [fv],…

Q: A certain amount of money after a decade is said to be worth Php 11,000.00. Ifthe interest rate…

A: There are two distinct questions in this post. The first has been answered below.

Q: You are an employee that earns 20,000 per month. Assuming that you want to invest half of the amount…

A: The given problem can be solved using FV function in excel. FV function computes accumulated amount…

Q: If P20,000 is invested in a fund that pays 10% compounded annually, how much money will be in the…

A: Answer -    Part 1 -  If P20,000 is invested in a fund that pays 10% compounded annually, how much…

Q: How much must be deposited

A: An Annuity is a series of payments of fixed amounts and at fixed intervals. These can be of two…

Q: 5. If a company plans to place money in a new venture capital fund that currently returns "r" = 20 %…

A: Effective Interest Rate  A rate of interest that is being adjusted for the compounding done over the…

Q: Since 2007, a particular fund returned 13.2% compounded monthly. How much would a $6000 investment…

A: Investing is a critical component of wealth growth. It enables the investor to fight inflation,…

Q: An investment of P50,000 is made at the beginning of each month for 5 years. How much will the…

A: The investment value can be calculated as future value of annuity due

Q: :Sidir steinəl What is the present value of your end-of-year investment of $1,000 per year, with the…

A: The present value of the annuity is the current worth of a cash flow series at a certain rate of…

Q: You manage an investment fund that sells annuities. You sell a 6-year ordinary level annuity that…

A: Monthly payment = $2115 Interest rate = 3.46% APR compounded monthly So, monthly interest rate =…

Q: Find the required value for each problem. Show the formula used and the counts for each problem. 1.…

A: Because you have psoted multiple questions, we will answer the first question only, for the…

Q: Consider two investments: Invest $1,000 and receive $110 at the end of each month for the next 10…

A: The future worth of both the options can be calculated as follows : Results obtained :

Q: A business must raise $50,000 in 9 years. What should be the size of the owners' quarterly payment…

A: A sinking fund is a fund that contains money or funds set aside for paying obligations or debt or…

Q: Investing that $120,000 in a saving account for 15 years. There are two banks forher choice. Bank A…

A: Future Value = 330,000 Time Period = 15 years*12 = 180 months Interest % = 7%/12 = 0.5833333%…

Q: Your objective is to have $25,650 in exactly 15 years. Today you invest $9,000 in a Schwab…

A: Amount after 7 years=$9000×(1+rate)n Where, Rate=6.1%N=7Amount=$9000×(1.061)7=18919.85

Q: You pay off a $200, 000 loan at effective annual interest rate 10% by making interest payments each…

A:

Q: QuantAlpha fund charges a 12b-1 fee of 1% and maintains an expense ratio of 0.75%. Assume the rate…

A: Value of investment = Invested amount*(1+r)n *(1-annual charges %)n  r is rate of return of fund…

Q: In order to have ₱1 million in a fund at the end of 15 years, how much must be deposited in the fund…

A: Amount to be deposited per quarter can be calculated using PMT function in excel. PMT(rate, nper,…

Q: Assume that you want to have $ 2650 saved in a sinking fund in 1 year. The account pays 4.5%…

A: Annuity from future value formula will be used to calculate annuity amount: Annuity is calculated…

Q: You are on employee that earn Php. 20,000 per month. Assuming that you want to invest half of the…

A: Monthly earning = Php. 20,000 Monthly investment (P) = 20,000/2 = Php. 10,000 Interest rate = 6%…

Q: Fifteen years ago, you deposited $12,500 into an investment fund. Five years ago, you added an…

A: The question is based on the calculation of effective annual interest rate and Future value of…

Q: What is the present value of end-of-year cashflows of $1,000 per year, with the first cashflow…

A: Present value is the value today of future cash flows discounted to present terms using a specified…

Q: Investing that $120,000 in a saving account for 15 years. There are two banks forher choice. Bank A…

A: The future value of a cash flow series is the future worth of a series of cash flows when compounded…

Q: You make single investment of $500 in mutual fund earning 8% annual interest which is compounded…

A: Future Value: It is the  worth of an investment  or resource on a particular date from here on out,…

Q: Second Hand Software needs to accumulate $12,000 in 3 years to meet future needs. What sinking fund…

A: Sinking fund is defined as the method of the funds repayment, which borrows by the bond issue by the…

Q: At the beginning of each year, you deposit the following into a growthmutual fund that earns 6…

A: The present value is the value of the sum received at time 0 or the current period. It is the value…

Q: Your RRSP savings of $35,000 are converted to a RRIF at 3.25% compounded monthly that pays $5,100 at…

A: The amount in retirement fund will be depleted after some period of time due to payment and interest…