How much must be deposited in a fund at the end of each six months for 12 years to raise P25,000 by the end of that time, if money is worth 5% compounded semiannually? Make out the first six lines of the sinking
Q: 13. happy Corp. established a fund where they pay $200 annually into the fund. The interest rate…
A: Year Year-1 Year-2 Year-3 Year-4 Year-5 Total Amount that $200 invested each year will become…
Q: A trust fund is to be formed by depositing ₱4,000 every six months for 25 years in a bank that…
A: Interest refers to the amount charged by the lender on the lent amount. The borrower of the loan is…
Q: How much is in the fund at the end of 12 years, if it accumulated at 5% for the first 8 years, and…
A: Balance in the fund at the end of any period is the amount of money which includes the deposits…
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: Kirk, Klein & Co. requires $108,000 fifteen years from now to retire a debt. A sinking fund (a) What…
A: Loan: It is the amount due to the lender by the borrower and the borrower pays periodic payments to…
Q: What equal annual series of payments must bepaid into a sinking fund to accumulate the…
A: A fund that is created to repay a debt or replacement of an asset by putting an equal sum of amount…
Q: fund is to be set up for an annual scholarship of $5000. If the first payment is due in three years…
A: Solved using Financial Calculator FV = 5000 N = 3 years * 4 = 12 I/Y = 6.2/4 = 1.55 CPT PV = -…
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 If ₱150,000 is to be withdrawn at the…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: What annual deposit into a sinking fund at 5% compounded annually will be needed to raise half a…
A: P500000 is needed at the end of 10 years. The Fair value at the end of 10 years = Annual Deposit x…
Q: wo years from now. My Orly needs P32,000 to liquidate a certain debt. If money is worth 5%…
A: Time Period = 2 years * 4 = 8 quarters Interest Rate = 5%/4 = 1.25% per quarter Future 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: 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: A corporation creates a sinking fund in order to have $640,000 to replace some machinery in 10…
A: Excel formulas which are used for calculations:-
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: 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: 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: An endowment fund is providing an annual scholarship of P50,000 for the first five years, P60,000…
A: Present Value: The present value is the value of cash flow stream or the fixed lump sum amount at…
Q: Find the amount of each payment to be made into a sinking fund earning 7 % compounded monthly to…
A: Future value is the worth of the current amount in future date after considering the interest rate…
Q: . How much must Cosmos put into the fund in equal, end-of-year amounts if earnings are expected to…
A: The concept of the time value of money states that the current worth of money is more than its value…
Q: In order to accumulate $500,000 after 25 years, calculate the amounts that must be invested at the…
A:
Q: How much must a man place in a fund at the end of each month in order to have P12,500 at the end of…
A: Future value (FV) = P 12,500 Period = 4 Years Number of monthly deposits (n) = 4*12 = 48 Annual…
Q: How much can be paid in scholarship at the beginning of each month if $200000 is deposited in a…
A: The amount to be paid monthly can be calculated from the function of present value of annuity due
Q: Today, you invest P 100,000 into a fund that pays 25% interest compounded annually. Three years…
A: With the time value of money application, we compute the amount at each even of deposit and…
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: 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: 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: A fund is to provide an annual scholarship at P4,000.00 for the first 5 years; P6,000.00 for the…
A: Hi There, Thanks for posting the questions. As per our Q&A guidelines, must be answered only one…
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: A sum of 50,000 deposited in a fund which will earn 12% compound semiannualy for the first 5 years…
A: Computation of the amount that will be received after 12 years is shown below:
Q: You deposit 20,000 today into a fund paying (i)=8%. From this fund, you receive 10 payments of R,…
A: Computation of R:
Q: The PUR Foundation deposits $2,500,000 today in a fund earning 6% APR compounded monthly. What will…
A: Deposit Amount (PV) is $2,500,000 Interest Rate (r) is 6% Time Period (n) is 10 years Compounding…
Q: At the beginning of each month, $400 is deposited into a scholarship fund. The fund earns 5% annual…
A: Future Value can be calculated using FV function in excel FV (rate, nper, pmt, [Pv], [type]) Rate…
Q: 2. If P500.00 is deposited in an account at the beginning of each year for 6 years at an annual…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What is the size of the scholarship payments that students at a college would receive at the end of…
A: The scholarship amount will be the quarterly interest earned on such endowment fund
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: 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: sinking fund is generated for the recovery of bond of $1000000 at the end of 25 years. How much…
A: Please refer to the image below.
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: 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: A corporation creates a sinking fund in order to have $790,000 to replace some machinery in 11…
A: A fund that is created to repay a debt or replacement of an asset by putting an equal sum of amount…
Q: A consultant advises that a fund pays out $100,000 at the end of 5 years. Provided $12,000 is…
A: $100000 is the future value of annuity due, with $12000 (A) as the annual deposit. n = 5 years Let r…
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: . How much must a man place in a fund at the end of each month in order to have P12,500 at the end…
A: Future value (FV) = P 12500 Period = 4 Years Number of monthly payments (n) = 4*12 = 48 Interest…
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: Find the amount of each payment to be made into a sinking fund so that enough will be present to…
A: As per the given information: Amount - $49,000 Rate of interest (r) - 4% compounded semiannually…
Q: Cooper & Cooper Development Company plans to raise S125,000 over a 3-year period so they can…
A: Future value required (FV) = $ 125000 Period = 3 Years Number of quarterly payments (n) = 3*4 = 12…
Q: Fifteen years ago, you deposited $12,500 into an investment fund. Five years ago, you added an…
A: Compounding interest rates are a concept of interest on interest where interest is reinvested rather…
. How much must be deposited in a fund at the end of each six months for 12 years to raise P25,000 by the end of that time, if money is worth 5% compounded semiannually? Make out the first six lines of the sinking
Step by step
Solved in 3 steps
- Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the given conditions. (Round your answer to the nearest cent.) FV = $1,900,000, r = 9%, compounded monthly for 25 yearsA fund is to be set up for an annual scholarship of $5000. If the first payment is due in three years and interest is 6.2% compounded quarterly, what amount mis be deposited in the scholarship fund today?Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the given conditions. (Round your answer to the nearest cent.) FV = $1,000,000, r = 5.8%, compounded semiannually for 30 years
- Find the amount of each payment to be made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of each period. The interest rate given is per period. $49,000; money earns 4% compounded semiannually for 13.5 yearsA sinking fund of $100,000 is to be established with equal payments at the end of each half-year for 15 years. Find the amount of each payment if money is worth 10% compounded semiannually.What amount should be deposited at 6% in order to draw out 20000 at the end of each year for seven years, and leave nothing in the fund at the end?
- Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the given conditions. (Round your answer to the nearest cent.) FV = $1,200,000, r = 4.9%, compounded quarterly for 45 years $How much can be paid in scholarships at the end of each half-year if $210,000 is deposited in a trust fund if interest is 4.5% compounded semi-annually?An endowment fund is providing an annual scholarship of P50,000 for the first five years, P60,000 for the next five years, and P90,000 thereafter. The fund will be established today and will award the first scholarship after a year. The fund earns 4.5 % annual interest. Find the present worth of this cost.
- A sinking fund amounting to $21,000 is to be created by making payments at the beginning of every year for 6 years. Interest earned by the fund is 5.9% compounded annually. Determine the size of the penodic payment and compute the interest earned during the fourth payment interval. Verify your answer by checking the sinking fund schedule. The size of the payment is SA fund is being formed by monthly deposit of P2,000 at 6% compounded monthly a) Find the amount after a year b) What is the amount in the fund just after the 5 deposit? c) Construct the sinking fund schedule for a 5 month period.trust fund for a childs education is being set up by a single payment so that at the end of 15 years there will be shs 24,000,000. If the fund earns interest at the rate of 7% compounded semi-annually how much money should be paid into the fund initially?