ony Inc. will deposit $57,400 in a 4% fund at the end of each year for 6 years beginning December 31, 2020. What amount will be in the fund immediately after the last deposit?

Q: Leon Inc. will deposit $53,700 in a 15% fund at the end of each year for 10 years beginning December…

A: Given: Deposit = $53,700 Interest rate = 15% Years = 10

Q: The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31,…

A:

Q: At the beginning of each month, P 200 is deposited into a retirement fund. The fund earns 6%…

A: An annuity is a series of equal payments made or received at regular intervals. When the cash flows…

Q: How much money can be withdrawn at the end of 15 years if: a. $2,000 is deposited at the end of each…

A: The future value of the deposit is the value of the current deposits on a future date based on the…

Q: In order to meet some future liabilities, a company makes the following series of regular…

A: Given information : First three year payments made in every 4 months  13633 Second four year…

Q: Adams Inc. will deposit $30,000 in a 6% fund at the end of each year for 8 years beginning December…

A: Future value: This is the amount of present value accumulated or compounded at a rate of interest…

Q: Which formula can be used to estimate the accumulated amount in a fund earning 8.5% interest at the…

A: An approach to determine how much money a stream of payments will be worth at some future date is to…

Q: On January 15, 2012, Dolan Corp. adopted a plan to accumulate funds for environmental improvements…

A: Annuity refers to the series of payments made at an equal set of intervals. Annuity due refers to…

Q: McCarthy Construction is trying to bring the company-funded portion of its employee retirement fund…

A: Formula for calculating present worth:P=A11-1+g1+ini-gwhere,A1 is initial cashflown=no. of…

Q: An engineer wishes to set up a special fund by making uniform semiannual end-of-period deposits for…

A: The net amount of cash and cash equivalents being transferred in and out of a company is referred to…

Q: A trust fund amounting to ₱6700000 earns 7.4% annual interest. If ₱150,000 is to be withdrawn at the…

A: Amount of trust fund is P6,700,000 Interest rate is 7.4% Time period is 5 years Amount of withdrawl…

Q: Deposits of $6000 are put into a fund at the end of each month for the next 9 years. At the end of…

A: The perpetuity refers to the regular payment of receipt for an infinite period of time at a  certain…

Q: What lump sum do parents must deposit at a 10% annual interest rate, compounded annually, in order…

A: The concept of the time value of money states that the current worth of money is more than its value…

Q: Marigold Corp. deposits $12000 in a fund at the end of each year for 5 years. The fund pays interest…

A: The future value function or concept can be used to determine the future value of a present sum or…

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 fund of 25000 is to be accumulated by means of deposits of 1000 at the beginning of every year as…

A: Deposits are being done to get a lump-sum return on the periodic amount that has been invested.…

Q: On September 1, 2010, you decided to put $ 12000 in a money market fund. On March 1, 2015, you…

A: Note: All the Given Options are incorrect, so we are solving the correct one for you as per the…

Q: $150,000 is deposited in a fund that pays 5% annual compound interest for 2 years, 3% annual…

A: There are two methods of charging interest on loans. One is the simple interest method and other is…

Q: A sinking fund amounting to $21,000 is to be created by making payments at the beginning of every…

A: given, p= $21,000 n=6 r= 5.9%

Q: Alex receives level payments at the beginning of each year for 5 years. He deposits the payments…

A: Reinvestment is the practice of using dividends, interest, or any other form of the income…

Q: payments

A: As the payments are made at the end of the year, this is an ordinary annuity. Hence the future value…

Q: Determine the amount that must be deposited every 3 months a fund paying 12% compounded quarterly in…

A: Computation of the amount that must be deposited in order to have P25000in 8 years having 12%…

Q: John made a deposit of 4400 into a fund ot the þeginning of each year for 16 years. At the end of 16…

A: FV of annuity = Payment * (1+i)n-1i

Q: . $1,000 are deposited in the fund at the end of each of the first 10 years. This means that this is…

A: Time value of money (TVM) refers to the method used to measure the amount of money at different…

Q: Qin Jiushao deposits 1, 000 into a fund on January 1, 2020 and then another eposit of unknown amount…

A: Here,  Time Weightage Yeild Rate is 10% ( It will be considered only) Deposit is 1000

Q: are ? k of &, Deposits of $100 are made at the end of each calendar year from 2014 through 2019…

A: Time value It tells value received today has more value than that of receiving the exact value later…

Q: Deposits of $100 are made at the end of each calendar year from 2014 through 2019 inclusive. The…

A: Perpetuity is a series of payment which is made for an indefinite period of time. It does not end in…

Q: Maria deposits $1,200, $500, and $2,000 at t = 1, 2, and 3, respectively. If the fund pays 8%…

A: FUTURE VALUE FORMUA: FUTURE VALUE = PRESENT VALUE×1+RNWHERE,R= RATE PER PERIODN=NUMBER OF PERIOD

Q: How much must be deposited in a fund at the end of each six months for 12 years to raise P25,000 by…

A: Future value (F) = P 25,000 Annual interest rate = 5% Semi annual interest rate (r) = 5%/2 = 2.5%…

Q: Samuel David wants to make 5 equal annual withdrawals of $8,000 from a fund that will earn interest…

A:

Q: A contractor wishes to set up a special fund by making uniform semiannual end-of-period deposits for…

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

Q: On August 1st, 2013, Joseph invested $18,000 in a fund that was growing at 4% compounded quarterly.…

A: a. First, calculate the number of days from August 1, 2013, to March 22, 2014: Total number of…

Q: On September 1, 2010, you decided to put $ 15000 in a money market fund. On March 1, 2015, you…

A: The future value of an investment is the approximate value of buying and holding an investment for a…

Q: ner will IKto a special bank account at the end of each of 10 years beginning December 31, 2021.…

A: Future Value of Annuity: It represents the future worth of the present annuity cash flow stream and…

Q: Anne wants to accumulate $25,000 by December 31, 2019. To accumulate that sum, she will make twelve…

A: Future value of annuity formula: FVA=A×1+rmn×m-1rmwhere,r = rate of interestm = fequency of…

Q: What amount should be deposited at 6% in order to draw out 20000 at the end of each year for seven…

A: The concept of present value asserts that a sum of money today is worth more than the same sum in…

Q: 4) Ashley deposits $500 into an investment fund each January 1 starting in 2005 and continuing to…

A: Annual deposit from Jan 1 2005 = $ 500 Period from Jan1 2005 to Jan 2019 = 14 Years Number of annual…

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: Adams Inc. will deposit $30,000 in a 6% fund at the end of each year for 8 years beginning December…

A: Future value:   Future value means the value of asset at the specified date in the future or it is…

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: You deposit the following, at the end of each year, into a growth mutual fund that earns 8% per…

A: The future value is the amount that will be received at the end of a certain period. In simple…

Q: Leon Inc. will deposit $53,700 in a 15% fund at the end of each year for 10 years beginning December…

A: Future value of annuity: Future value of an annuity is the value of a group of recurring payments at…

Q: On January 1, 2020, an entity adopted a plan to accumulate funds for a new building to be erected…

A: In the given question, the company is planning to deposit a fixed sum each year (first deposit being…

Q: Find the AV of these deposits

A: Time value of money (TVM) means that the amount received in the present period will have more…

Q: 240,000 will be deposited in a fund at the beginning of each six months for 5 yrs. Using 11% as the…

A: Here the concept of annuity will apply. This is the case of an annuity due as the payments are made…

Q: The sum of P4200 will be withdrawn from a fund at 3-month intervals, the first withdrawal to be made…

A: Solved using Financial Calculator  PV = -48,000 FV = 6000 PMT = 4200 I/Y = 7 CPT N = 22.2304…

Q: Three EOY payments of $300 each are made in a fund that gives an interest of 12%. What amount is…

A: The question is based on calculation of future value of periodic payments with the concept of…

Amortized Loans

The term "amortization" refers to spreading the value of a loan or a debt over a series of regular payments or installments comprising of both the principal and interest amount. It generally involves the process where in the value of a loan or an intangible asset is written down over its maturity period.