Red Company invested $10,000 in a fund that was earning interest at a rate of 3.00% compounded semi-annually. After 3 years and 9 months, the company transferred these funds to another investment that was earning interest at 5.50% compounded monthly. a. What is the balance in the fund at the end of 3 years and 9 months? b. What is the balance in the fund at the end of 6 years (from the initial investment)? c. By what amount did the fund grow during the 6 year period?

Q: Deposits of Php 1500 each were made in a sinking fund at the end of each year. If the fund earned…

A: Deposit each month = 1500 End of year deposits Interest Rate = 6% Future Value after seventh deposit…

Q: Starr Company decides to establish a fund that it will use 10 years from now to replace an aging…

A: Future value is the value of the present cash flows in future. Value of the funds in 10 years is the…

Q: In January 1977, 100 $ was invested at 3% annual compound interest. In the following years, 200 $…

A: The future value of money refers to the accumulation of the present amount with a certain rate of…

Q: You invested $11,500 at the end of each quarter for 6 years in an investment fund. At the end of…

A: Information Provided: Invested amount = $11,500 Years = 6 Future value of invested amount =…

Q: $1500 is invested semi-annually for 3 years into a fund that pays 6.8% per year, compounded semi-…

A: We have; Amount invested semi annually as $1500  Interest rate is 6.8% compounded semi annually Time…

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: A company project needs to establish a fund within a ten-year period by making annual deposits of…

A:

Q: sinking fund is established such that $12,000 will be available to replace a facility at the end of…

A: In this we need to calculate the sinking fund factor from that we can get the payment.

Q: A company deposited $12,500 into an investment fund at the beginning of every quarter for 5 years.…

A: The future value of the annuity due is the future worth of a cash flow series receivable or paid at…

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: Ten payments of 1,000 are made at the beginning of the each year for 10 years. The payments earn…

A: Time value of money is a financial management concept where the value of money today is not equal to…

Q: There are two LBO funds set up for ten years with $1 billion committed capital each. Fund A has the…

A: Two LBO Funds - 10 years with $1 Billion Capital each Fund A - Constant management Fee = 2% and…

Q: a.) How much money must be invested at the end of each quarter for 25 years in a sinking fund that…

A: Here, Future value is 'FV' Present value or investment amount is 'P' Nominal interest rate is 'r'…

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: A company deposited $12,000 into an investment fund at the beginning of every quarter for 5 years.…

A: When the periodic amount in an investment fund is deposited during the start of the period, the…

Q: ABC Ventures has raised their $100M fund, ABC Ventures I, with management fees computed based on…

A: Under Venture capital financing, lifetime fees are the total amount of fees paid over the lifetime…

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: find the size of each 4 payments made at the end of each year into a 9% rate sinking fund which…

A: Future value (FV) = 63000 Interest rate (r) = 9% Number of annual payments (n) = 4

Q: A company deposited $10,000 into an investment fund at the beginning of every quarter for 3 years.…

A: Future value (FV) is the value of a current asset at a future date based on an assumed rate of…

Q: Annual deposits were made in a fund earning 10% per annum. The first deposit was Php 20,000 and each…

A: Compounding is a method of charging interest in which Interest is charged on the amount including…

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: Ikhwan's Sports Store needs RM840,000 in 6 years. If funds are invested an account earning 8% per…

A: Sinking fund is a system which is used by the bussiness to arrange funds for some future objectives…

Q: A fund is being formed by monthly deposit of P2,000 at 6% compounded monthly a) Find the amount…

A: future value of annuity=A×1+rmm×n-1rmwhere,A=monthly depositr=rate of interestm=frequency of…

Q: A company borrowed $60,000 for renovation. The company plans to set up a sinking fund that will pay…

A: Given: Loan = $60,000 Interest rate = 10% period = 5 years Compounded semi annually

Q: A company has retire 500,000 debentures of 8% interest 10 years from today. The company plans to put…

A: Sinking fund is created to retire debt of $500,000 after 10 years which would earn an interest of…

Q: a) Balqish Shamimi deposited RM1,000 into Fund which earns rate of return of 9% per annum effective.…

A: a) The fund gets depleted in 10 years. Hence, balance remaining after year 1 = 900, balance…

Q: Smith Investors places $50,000 in an investment fund. One year after making the investment, Smith…

A: IRR(internal rate of return) is the rate of return an investment generates in its lifetime expressed…

Q: 7. A fund is established by depositing P30,000 every beginning of 3 months for 2 years. If money is…

A: Quarterly deposit (P) = P 30,000 Interest rate = 12% Quarterly interest rate (r) = 12%/4 = 3% Period…

Q: 3. Kenchana Sdn. Bhd. needs $2,100,000 in 3 years. Find the required semiannual payment into a…

A: Future value required (FV) = $ 2,100,000 Period = 3 Years Number of semi annual payments (n) = 3*2 =…

Q: Save The Simpson Company invested $20000 in a fund that was earning interest at a rate of 5%…

A: Given data, Investment p = $20000 Rate of interest r = 5%= 0.05 compounded semi annually,  so, n=2…

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: If 1000 pesos was deposited in a fund at the beginning of each 3 months for 10 years and money is…

A:

Q: Franklin's investment fund had a balance of $280,000 on January 1, 1995 and a balance of $448,000…

A: An investment fund is a fund in which investors pool their money in order to generate returns.…

Q: A company deposited $5,500 into an investment fund at the beginning of every quarter for 6 years. It…

A: Solution:- When an equal amount is deposited each period at beginning of period, it is called…

Q: Francis deposits P 100,000 into a fund today and P 200,000 fifteen years later. Interest is credited…

A: Deposit today (D0) = P 100000 Deposit after 15 years (D1) = P 200000 Discount rate for first 10…

Q: t the beginning of the year, an investment fund was established with an initial deposit of 500 . A…

A: The dollar-weighted return is the return that is earned on the investment amount during the period.

Q: Bi-monthly deposits of 16,000 are made to accumulate a fund at the end of 8 years. Round off final…

A: Here, Bi- Monthly Deposit is $16,000 Time Period of Deposit is 8 years Note: Here, it is not clearly…

Q: A company deposited $14,500 into an investment fund at the beginning of every quarter for 7 years.…

A: The accumulated value of any fund is equal to the sum of future value of all the deposits made…

Q: Kenchana Sdn. Bhd. needs $2,100,000 in 3 years. Find the required semiannual payment into a sinking…

A: Business use sinking funds to accumulate funds to purchase new equipment or to meet other expensive…

Q: How much should GlassilueCat invest in a fund to be able to withdraw $22.000 at the end of every 3…

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

Q: $4,250 was deposited at the end of every six months for 5 years into a fund earning 2.2% compounded…

A: Solution:- When an equal amount is deposited each period at end of period, it is called ordinary…

Q: Calculate the future value of end-of-month payments of $4,000 made for 7 years into an investment…

A: Monthly Payments = $4,000 Time period = 7 years  Interest Rate = 5.50%  Compounding period =…

Q: ayments of $4,000 are made into a fund at the beginning of each year for ten years. The fund is…

A: Future value of a present value is the value of that amount after taking into account the time value…

Q: A firm is required to make a payment at the end of each year for 9 consecutive years. The annual…

A: The formula to calculate the present value of future cash inflow is C/(1+r)n, where C is the cash…

Q: Ben invested P5000 in a fund at the beginning of every month for five years. The fund earning an…

A: Monthly investment (P) = P 5000 Period = 5 Years Number of monthly payments (N) = 5*12 = 60 Annual…

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: Red Company invested $20,000 in a fund that was earning interest at a rate of 3.00% compounded…

A: Answer a:- The future value of an investment is calculated using the following formula:- Future…

Q: in order to have a fund of 1,000,000 at the end of 12 years, equal deposits every six months must be…

A: Future value of sequence of periodic payments consists of payments made and interest accumulated…

Characteristics of Bonds