What deposit made at the beginning of each month will accumulate to $120,000 at 8% compounded semi-annually at the end of 10 years? Please include the cashflow diagram.

Q: What is the amount of 15 equal annual deposits that can provide five annual withdrawals when a first…

A: The flow of payments which are made at regular interval of time are termed as annuity when amount is…

Q: If one makes quarterly deposit of $1250 into an account that pays interest at a rate of 6%…

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

Q: A sinking fund is established to discharge a debt of $60,000 in 15 years. If deposits are made at…

A: using financial calculator, N =15*2 =30 I/Y = 4/2 =2 PV = 0 FV = -60000

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: You are making $5,000 monthly deposits into a fund that pays interest at rate of 6% compounded…

A: We need to use the concept of time value of money (TVM) to solve the question. According to TVM, the…

Q: If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from…

A: Amount Deposited each year is P10,000 Time period is 9 years Interest rate is 14 % compounded…

Q: What deposit made at the beginning of each month will accumulate to P120,000 at 8% compounded…

A: Future Value = P 120,000 Interest Rate = 8% compounded semi-annually Time Period = 10 Years

Q: What deposit made at the beginning of each month will accumulate to P120,000 at 8% compounded…

A: Let the monthly deposit = M Accumulated value = P 120000 Interest rate = 8% semiannually compounded…

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: A sum of money is deposited now in a savings account. The effective annual interest rate is 12% and…

A: There are various types of Bank Accounts, one of the basic and most commonly used is Saving's…

Q: A Student loan totals $30,000 at graduation. The nominal interest rate is 12% compounded monthly,…

A: Total payments= 32 Total amount of loan (L)= 30000 Rate of interest (r) = 12%/12 = 1.0% per month…

Q: Find the present worth of a future payment of P200,000 to be made in 15 years with an interest of…

A: Future worth of a present value With present worth (PW), effective annual rate (r) and time (n), the…

Q: compounded monthly for any deposits made in the next month. If they deposit $10,000, then how much…

A: Future value: It represents the future worth of the present sum of money. The future value is…

Q: What is the present value of a $120,000 cash flow to be received at the beginning of each of the…

A: Amount  of Cash flow = $120000 at the beginning of the year Years(n) = 20 Annual rate(r) = 9%…

Q: An accountant wants to withdraw $30,000 from an investment at the beginning of each quarter for the…

A: Time value money is the concept widely used by the management and individual to determine the…

Q: How much must be deposited at the beginning of every six months in an account that pays 5%…

A: Introduction Annuity Due represents a stream of equal payments made at the beginning of each period.…

Q: A bank offers an investment account that has an annual interst rate of 9.9%, compounded quarterly.…

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

Q: What is the present value of a $400,000 cash flow to be received at the end of each of the next 10…

A: given, A=$400,000 r=9% n = 10

Q: Determine the present value of the following cash flows; P4,000 at the end of 4th month and every…

A: Given information= P4000 at the end of 4th month and every month thereafter till the 12th Month…

Q: What present amount of money must be deposited at 11% interest compounded annually to grow to…

A: Formula to calculate compound interest is: A = P(1+r/n)^nt Where A is the future value, P is the…

Q: How much money must initially be deposited in a savings account paying 5% per year, compounded…

A: Formulas:

Q: 9th deposit is m

A: Given Information: Amount Deposited each year is P10,000 Time period is 9 years Interest rate is 14…

Q: what uniform annual amount should be deposited each year in order to accumulate 1 million at the end…

A: All sorts of future cash flows in respect of adding interest on present value are known as future…

Q: A sinking fund is established to discharge a debt of $80,000 in 20 years. If deposits are made at…

A: Working note:

Q: cashflow diagram.

A: The cash flow statement represents the inflow and outflow of cash from the company in a particular…

Q: How much will be in an account at the end of five years the amount deposited today is $10,000 and…

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

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

A:

Q: CNB, Inc. will deposit $25,000 into a money market account at the end of each year for the next…

A: Compound Amount= A=P(1+r)nt   A= FInal amount P= Initial Investment r= interest rate t= No. of times…

Q: Find the present worth of a future payment of 100,000 to be made in 10 years with an interest of 12%…

A: The concept of TVM states that money inherently has an interest-earning capacity which makes an…

Q: Find the amount at the end of two years and seven months if 6,000.00 is invested at 9% compounded…

A: Investment = 6000 Interest Rate = 9% Compounded Quarterly Number of compounding periods = 4

Q: A sinking fund is established to discharge a debt of $80,000 in 5 years. If deposits are made at the…

A: The following formula will be used:

Q: Need answers ASAP... If P100 is deposited in a savings account that pays 6% annual interest, what…

A: First of all, to find the future value, we will use the following formula: FV = PV * (1+r)n Where:…

Q: A bank offers and investment account that has an annual interst rate of 9.9%, compounded quarterly.…

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

Q: .A series of equal cash $200 that is deposited at the end of each month will last for 10 years. How…

A: Monthly deposit (M) = $200 n = 10 years = 120 payments r = 9% per annum = 0.75% per month

Q: On January 1, you deposited $6,000 in an investment account. The account will earn 10 percentannual…

A: 1. . 1 Future value  =Present value * (1+Interest rate)No. of years…

Q: An amount of 100,000 was borrowed and was to be repaid in 10 instalments at the end of every quarter…

A: Given: P= $100,000 r= 12% compounded semi annually = 12%/2 = 6% = 0.06 Number of years= 2.5 years…

Q: If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from…

A: Present Value- The present value of an investment or amount is its value today. It is the current…

Q: Determine the monthly savings is needed monthly to save $200,000 at the end of ten years if the…

A: Future value (FV) = $ 200,000 Interest rate = 10% Number of compounding per  year (m) = 4 Monthly…

Q: In order to have $373,010 in 29 years, how much needs to be deposited each month into a bank account…

A: Information Provided: Future value = $373,010 Years = 29 Interest rate = 1.1% compounded monthly…

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: How much money must be deposited in a savings account each quarter in order to accumulate $10,000 at…

A: The Future Value of the annuity is the total value of all the payments which is occurred regularly…

Q: What is the accumulated value of periodic deposits of $3,000 made into an investment fund at the…

A: Information Provided: Periodic payment = $3000 Interest rate = 4.75% compounded semi-annually Years…

Q: What sum of money must be deposited at the end of every three months into an account paying 3.7%…

A: The question has asked to calculate the end-of-quarter payment which signifies this is an ordinary…

Bookkeeping

Bookkeeping is the process of recording the financial transactions of a company on a regular basis. With the process of bookkeeping, companies can track important financial information that helps management in making crucial decisions.