.The Janus Enterprise fund has as of April 2013 a 10-year average return of 12.54%. If Bobby Sue deposits $750 monthly and the interest is compounded monthly, how much will she have at the end of 9 years?

Q: Next year, you will begin receiving $173 per year in perpetuity from a family trust fund (first…

A: In the given question we require to compute the present value of future cashflows from perpetuity.

Q: Derek will deposit $255.00 per year into an account starting today and ending in year 21.00. The…

A: The Future Value of Annuity Due refers to the concept which determines the sum total of all the cash…

Q: Suppose you make 30 annual investments in a fund that pays 6% compounded annually. If your first…

A: Annuity-An annuity is a stream of cash flows that exists for a fixed period of time. Depending on…

Q: Michael wants to accumulate $38,000 in a fund with payments of $1,700 made at the end of every…

A: It can be calculated using=NPER(rate,pmt,pv,[fv],[type])Rate The interest rate for the loan.Nper…

Q: Paola Watkins currently has $20,000 in her retirement fund and she will invest $1,000 in this fund…

A: Future value of money is the amount of deposit done and amount of interest accumulated over the…

Q: Angela has a trust fund that will mature in three years with a value of $15,000.  If this trust fund…

A: solution Given Future value $15,000 Period  (n) 3 years Interest rate (r) 5%…

Q: Aylene is preparing for an income fund for her retirement. She wants to receive 15,000 pesos…

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

Q: Our clients saved $2,500,000 for retirement.  They wish to withdraw $20,000 from the fund each month…

A: An annuity is a contract where periodic payments are made in the future in return for a lump-sum…

Q: Jason plans on investing $325 monthly into a vehicle that will earn 10.48% for 8 years. At the end…

A: Investing is the process of allocating capital, typically money, in the hopes of making a profit or…

Q: You have $50,000 in your retirement fund that is earning 5.5 percent per year, compounded quarterly.…

A: Amount present in fund = $50,000 Interest rate = 5.5% compounded quarterly

Q: Sonia wants to have $11,000 in 10 years. Use Table 11-2 to calculate how much she should invest now…

A: Present value is the amount that you deposit today to reccive desire amount in future. The present…

Q: Lee wants to receive $18,000 each year for the next 20 years. Assume a 4% rate compounded annually.…

A: Annual receipt (C) = $18,000 Interest rate (r) = 0.04 Period (n) = 20 Years Amount need to invest…

Q: Susan plans to make an investment today which promises to return to her $3,000 each year for ten…

A: Using excel PV function

Q: Brian wants to invest the same amount into a sinking fund at the end of every 3 months so that he…

A: We will use the below formula to calculate the amount of each deposit   Quarterly deposit =…

Q: Assuming a 6% interest rate, how much would Jennifer have to invest now to be able to withdraw…

A: Given data: Discount rate = 6% p.a. Time = 10 years Annual withdrawl = $9,000

Q: You have $51, 854.38 in a brokerage account, and you plan to deposit an additional $3,000 at the end…

A: The time value of money is a concept in finance that takes into account the effects of compounding…

Q: An engineer who is saving for her retirement plans to deposit $500 every semiannually, starting…

A: Semi Annual Deposit = 500 End of period deposits Nominal Rate = 12℅ Quarterly Compounding N = 25…

Q: Jaime Bickers invests $4000 at the end of each semiannual period for 8 years. His financial advisor…

A: Calculate the future value as follows:

Q: How much does your client need to contribute to a fund each month for the next 25 years (first…

A: Annuity refers to an amount or stream of equal cash flows (CF) paid or received periodically.…

Q: Jenny Abel is investing $2,500 today and will do so at the beginning of each of the next four years…

A: The FV of the investment refers to the combined value of its cash flows at a particular future date…

Q: A trust fund will pay you $1000 per month for life once you turn 18. You are currently 11. Interest…

A: Monthly Payment = 1000Interest Rate = 4.95% Compounded QuarterlyNumber of compounding periods =…

Q: A retired couple plans to supplement their Social Security with interest earned by a $210,000…

A: Compound interest is a method of accumulating interest in which the amount earned in a period is…

Q: Carla Lopez deposits $5, 200 a year into her retirement account. If these funds have an average…

A: Annual deposit=$5200Period=n=40 yearsInterest rate=r=6%Calculate future value.

Q: If you deposit $7889 per year for 5-years where i= 10% per year, find F:

A: Annuity refers to series of equalized payments that are paid or received at start or ending of…

Q: You are going to receive a payment at the end of each year for the next 12 years. If you invest each…

A: The future Value of an investment is an estimation of receiving some amount after some period of…

Q: You have $20,000 in your retirement fund that is earning 5.5 percent per year, compounded quarterly.…

A: Step 1:  Step 2:Interest is being compounded quarterly:So interest formula A= P(1+r/n)ntwhere, A =…

Q: How much will you have to save each year (to the nearest dollar)?

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

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: Tuck Hardware Store will have $30,000 payment due in 5 years. How much would they need to invest…

A: Computation:

Q: Uma plans on investing $215 monthly into a vehicle that will earn 9.75% for 12 years. At the end of…

A: Finacial planning is quite necessary for the objectives to be achieved in the future based on time…

Q: Karen wants to have $22,559 in her investment account in 5 years. If her bank offers an annual…

A: Following details are given in the question : Future value = $22559 Time period = 5 years Interest…

Q: Sonia wants to have $13,000 in 8 years. Use Table 11-2 to calculate how much she should invest now…

A:

Q: Recently, More Money 4U offered an annuity that pays 5.1% compounded monthly. If $1,706 is deposited…

A: Monthly deposit (C) = $1,706 Monthly interest rate (r) = 0.00425 (i.e. 0.051 / 12) Monthly period…

Q: Jesscia bailey currently has $6,300 in her 401K retirement account. She will contribute $200 a month…

A: Value of investment refers to the amount which is invested by the investors for the purpose of…