If 1000 pesos was deposited in a fund at the beginning of each 3 months for 10 years and money is invested at 6% compounded quarterly, how much is in the fund at the end of 10 years?

Q: What equal annual payment must be deposited into a sinking fund to accu- mulate $60,000 in 20 years…

A: Sinking Funds refers to an arrangement of annuity for a definite time period for the accumulation of…

Q: In order to accumulate $1,000,000 after 35 years, calculate the amounts that must be invested at the…

A: Computation:

Q: Six annual regular payments of £7,250 are paid into a fund that pays interest of 3.4% per annum.…

A: In stock market, the change in the market rate of interest can be seen. With the change in interest…

Q: an electrical engineer desires to set up fund by making uniform monthly end of period deposits for a…

A: first calculate the value at the end of the decade FV = 0, N = 3, PMT = 250,000, rate = (1+6%/12)12…

Q: A business must raise $57,000 in five years. What should be the size of the owners quarterly payment…

A: Annuity refers to series of equalized payments that are paid or received at start or ending of…

Q: What is the present value of a stream of $800 cash payments, each to be made at the beginning of the…

A: Simple Annuity due refers to the payment system where amount paid or received in eac period is not…

Q: You invested $7,000 at the end of each quarter for 8 years in an investment fund. If t balance in…

A: Solution: An amount deposited at end of every period is known as ordinary annuity. The formula for…

Q: What is the future value of a stream of $800 cash receipts, each to be received at the beginning of…

A: Annual cash receipts (C) = $ 800 Number of annual cash receipts (n) = 4 Annual interest rate (r) =…

Q: Find the interest rate needed to accumulate $45,000 in a sinking fund in 10 years, with annual…

A: A fund that is created to repay a debt or replacement of an asset by putting an equal sum of amount…

Q: Your RRSP savings of $25,000 are converted to a RRIF at 5.25% compounded monthly that pays $5,300 at…

A: Rate = 5.25% Monthly rate (I/Y)                        = 5.25/12 = 0.437500  Amount available (PV)…

Q: The sum of $159,760 is invested at 5.5% compounded monthly for four years. After the four years, the…

A: The present value of annuity refers to the current value of future annuity payments to be paid at a…

Q: A firm wishes to set aside equal amounta at the end of each of 10 years beginning at the end of the…

A: Calculation of Present value of maintenance funds  Pvf @ 6% = 1 / (1+rate)^period   Present value =…

Q: Ten thousand pesos is deposited annually for 10 years with an annual interest rate of 3.2%, how much…

A: Annual deposit (P) = P10,000 Interest rate (r) = 3.2% Number of annual deposits (n) = 10

Q: In five years, P 20,000 will be bedded to pay for a building renovation. In order to generate this…

A: Here we will have to find the future value of the annuity at the end of the 3rd year and then…

Q: Calculate the future value of $15,000 received today and deposited for eight years in an account…

A: Future value can be referred to as the value of an underlying asset or security at a future date.…

Q: Find the amount of each payment to be made into a sinking fund earning 9% compounded monthly to…

A: Data given: A=Amount to be accumulated = $86,000 P= Payment to be made = ? i=interest rate…

Q: An investment required an initial payment of $10,000 and annual payments of $1,500 at the end of…

A: First we need to calculate present value of total outflows PV of outflows =initial payment +PMT…

Q: In order to accumulate $500,000 after 25 years, calculate the amounts that must be invested at the…

A:

Q: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

A: At the end of each quarter-year, for 6 years, $1,200 is deposited into an investment paying 3.4%…

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: Urgently need. An engineer wishes to set up a special fund by making uniform semiannual…

A: Present Value:  The present value is the value of cash flow stream or the fixed lump sum amount at…

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: At the end of every six months for 20 years, it gains value with an annual effective interest rate…

A: In this we have divide whole into two parts. and find out future value at the end of 20 years.

Q: Payments of 1000 are invested at the end of each year for 5 years. The payments earn interest at an…

A: Annuity involves the payment of a periodic amount up to a specified period of time, and eventually a…

Q: Calculate the future value of end-of-quarter payments of $5,000 made for 5 years into an investment…

A: The value of current payment or upcoming flow of payments at any future date when flow of payment…

Q: A sinking fund of $100,000 is to be established with equal payments at the end of each half-year for…

A: Present value = $100,000 Time = 15 years ;  semi annual period = 30 Rate =10% ; semi annual rate =…

Q: please answer with details on how to do it. Thank you. If a one-time amount of $10,000 is invested…

A: Future amount in case of compounding can be calculated as: = Principal * ( 1 + rate) ^ number of…

Q: Your RRSP savings of $52,500 are converted to a RRIF at 4.22% compounded monthly that pays $5,372 at…

A: EXCEL FORMULA:

Q: Deposits of 10 are placed into a fund at the end of each year for 18 years with the first deposit…

A: The time value of money is the idea that the value of money received today will be more worthy than…

Q: If money is worth 9% compounded quarterly, find the amount of an annuity of P2,000 payable every 3…

A: Quarterly payment (Q) = P 2000 r = 9% per annum = 2.25% per quarter n = 10 years = 40 payments We…

Q: What sinking fund payment is required at the end of each 6-month period, at 6% interest compounded…

A: Payment required at end of each 6-year period can be calculated as: = Future Value / Future value of…

Q: To provide for the automation of a production process in five years, Dominion Chemicals is starting…

A: A fund that is created to repay a debt or replacement of an asset by putting an equal sum of amount…

Q: 1. Bomac Steel sets aside $5000 at the beginning of every six months in a fund to replace equipment.…

A: Compuattion:

Q: Northern Flying Science is preparing to buy an aircraft estimated to cost $600,000 by making equal…

A: a)  Size of the quarterly payment N = 5*4 =20 I/Y = 8/4 = 2 PV =0 FV = -600,000 Compute PMT

Q: At the beginning of each year? ___________ At the end of each year?

A: Information Provided: Funds amount = $300,000 Annual earning rate = 7.75% Term = 25 years

Q: Keeler's Fabrication sets aside $3500.00 at the beginning of every six months in a fund to replace…

A: An annuity is an agreement between you and an insurance agency where you make a single amount…

Q: If a fund pays 12% compounded annually, what single deposit now will accumulate $12,000 at the end…

A: Time value of money- It is based on the concept that money earned today is worth more than similar…

Q: Payments of $1,542 are made out of a fund of $20,000 at the end of every month. If interest is 4%…

A: In this question, first of all, we will prepare an amortization schedule, that would show the period…

Q: If annual deposits of $1,000 are made into a fund paying 12% interest compounded annually, how much…

A: Present Value of deposits (PV)=$1,000 Interest Rate (r)= 12% compounded annually Time period (n)= 5…

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: A fund is built with annual payments increasing by $1 from $1 to $10 and then decreasing by $1 to…

A: The answer to this question is a Palindromic annuity The formula to be used for solving this is,

Q: If $80,000 is invested in an annuity that earns 5.3%, compounded quarterly, what payments will it…

A: The total number of years is 8.5. The total number of quarters will be (8.5 × 4) = 34. Interest rate…

Q: $3000 into the fund. If the investments grew at a rate of 8% per year over the 15 years, how much is…

A: Information Provided: Present value = $10,000 Interest rate = 8% Term = 15 years Annual deposit =…

Q: Find the size of each of 8 payments made at the end of each year into a 9% rate sinking fund which…

A: Formula FVA = P*((1+i)n-1)/i Where FVA - Future value of annuity i.e. 55000 P - Annual payment i -…

Q: What deposit made at the beginning of each month will accumulate to $120,000 at 8% compounded…

A: An annuity is a financial term that shows a sequence of periodic cash flows with a fixed amount over…