A college scholarship fund received a gift of $ 156,469.08. The money is invested in CDs, bonds, and Stocks. CDs pay 4.25% interest, bonds pay 5.5% interest, and stocks pay 6.8% simple interest. ACM invests $ 51,181.71 more in bonds than in CDs. If the annual income from the investments is $9,331.00 , how much was invested in each
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A college scholarship fund received a gift of $ 156,469.08.
The money is invested in CDs, bonds, and Stocks.
CDs pay 4.25% interest, bonds pay 5.5% interest, and stocks pay 6.8% simple interest.
ACM invests $ 51,181.71 more in bonds than in CDs. If the annual income from the investments is $9,331.00 , how much was invested in each vehicle?
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- A company plans to make our annual deposits vi p4,900 Caio a special building runu. Te funds assets will be invested in mortgage instruments expected to pay interest at 12% on the fund's balance. Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Required: Determine how much will be accumulated in the fund after four years under each of the following situations: 1. The $4,500 annual deposit are made at the end of each of the four years and interest is compounded annually. 2. The $4,500 annual deposit are made at the beginning of each of the four years and interest is compounded annually. 3. The $4,500 annual deposit are made at the beginning of each of the four years and interest is compounded quarterly. 4. The $4,500 annual deposit are made at the beginning of each of the four years interest is compounded annually, and interest earned is withdrawn at the end of each year. $ Complete this question by entering your…A company plans to make four annual deposits of $3,500 each to a special building fund. The fund's assets will be invested in mortgage instruments expected to pay interest at 12% on the fund's balance. Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Required: Determine how much will be accumulated in the fund after four years under each of the following situations: The $3,500 annual deposit are made at the end of each of the four years and interest is compounded annually. The $3,500 annual deposit are made at the beginning of each of the four years and interest is compounded annually. The $3,500 annual deposit are made at the beginning of each of the four years and interest is compounded quarterly. The $3,500 annual deposit are made at the beginning of each of the four years interest is compounded annually, and interest earned is withdrawn at the end of each year.Complete this question byA company plans to make four annual deposits of $6,250 each to a special building fund. The fund's assets will be invested in mortgage instruments expected to pay interest at 12% on the fund's balance. Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) Required: Determine how much will be accumulated in the fund after four years under each of the following situations: 1. The $6,250 annual deposit are made at the end of each of the four years and interest is compounded annually.
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- Franklin's investment fund had a balance of $280,000 on January 1, 1995 and a balance of $448,000 two years later. The amount of interest earned during the two years was $34,000, and the annual yield rate on the fund was 5.3%. Estimate the (dollar-weighted) average date of contributions to the account. (Round your answer to the nearest integer.) The average date of payment is 168 x days after January 1, 1995.The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue-producing investments, together with annual rates of return, are as follows. Type of Loan/Investment Automobile loans Furniture loans Other secured loans Signature loans Risk-free securities $ ● Automobile loans The credit union will have $2,400,000 available for investment during the ng year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments. Furniture loans Other secured loans • Risk-free securities may not exceed 30% of the total funds available for investment. Signature loans may not exceed 10% of the funds invested in all loans (automobile, furniture, other secured, and signature loans). Signature loans Risk-free securities • Furniture loans plus other…The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue-producing investments together with annual rates of return are as follows. Type of Loan/Investment Automobile loans Furniture loans Other secured loans Signature loans Risk-free securities ● How should the $2,400,000 Automobile loans Furniture loans Other secured loans Signature loans Risk-free securities to LA The credit union will have $2,400,000 available for investment during the coming year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments. LA Annual Rate of Return (%) • Risk-free securities may not exceed 30% of the total funds available for investment. Signature loans may not exceed 10% of the funds invested in all loans (automobile, furniture, other…
- A chartered bank offers a rate of 7.50 % on investments of $ 25000 to $ 59999 and a rate of 7.75% on investment of $60000 to $99999 in 90 to 365 gay GICs. How much more will an investor earn from a single $100000 180 day GIC than from two $50000,180-day GICs?A thrift has an annual CGAP of -$25 million. A credit union has an annual CGAP of +$5 million. The thrift has total assets of $500 million and net income of $7.5 million and the credit union has total assets of $40 million and net income of $0.7 million. Calculate each institution's CGAP as a percent of assets. Based on the gap, which institution's NII is more sensitive to interest rates?Old National Bank has the following sources of funds: $44 million in capital and surplus, $461 million in demand deposits, $770 million in time and savings deposits, and $250 million in subordinated debt. a- What is the maximum dollar amount of real estate loans that Old National Bank can grant? b-What is the maximum dollar amount Old National Bank may lend to a single customer? lomhoard(Don't use math editor)