A company deposited $8,500 into an investment fund at the beginning of every quarter for 4 years. It then stopped making deposits into the fund and allowed the investment to grow for 3 more years. The fund was growing at 4.50% compounded monthly.a. What was the accumulated value of the fund at the end of 4 years ?$0.00b. What was the accumulated value of the fund at the end of 7 years ?$0.00c. What was the amount of interest earned over the 7-year period?       Since the birth of his granddaughter, 18 years ago, Nicole has deposited $150 at the beginning of every month into a Registered Education Savings Plan (RESP). The interest rate on the plan was 4.50% compounded monthly for the first 9 years and 4.75% compounded monthly for the next 9 years. a. What was the accumulated value of the RESP at the end of 9 years? b. What was the accumulated value of the RESP at the end of 18 years? c. What was the amount of interest earned over the 18-year period?

A company deposited $12,000 into an investment fund at the beginning of every quarter for 5 years. It then stopped making deposits into the fund and allowed the investment to grow for 5 more years. The fund was growing at 4.50% compounded monthly. a. What was the accumulated value of the fund at the end of 5 years ?

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?

The Simpson Company invested $20000 in a fund that was earning interest at a rate of 5% compounded semi-annually. After 3 years and 9 months, the company transferred these funds to another investment that was earning interest at 5.5% compounded monthly, What is the balance in the fund at the end of 5 vears (from the initial investment)? Show your calculator entries in the table below with the first 3 years and 9 months on the left and the remainder of the time on the right. Save Ans N = N= I/Y = IY = PV = PV = PMT = PMT = FV = FV = PY = PY = C/Y = CY = The balance in the fund at the end of 5 years is $

You invested $11,500 at the end of each quarter for 6 years in an investment fund. At the end of year 6, if the balance in the fund was $291,000, what was the nominal interest rate compounded quarterly? 0.00 % Round to two decimal places SUBMIT QUESTION SU SAVE PROGRESS F

A company would like to have $400,000 in 6 years. How much should be invested semiannually into an account paying 3.6% compounded semiannually? 7. Identify the type of problem. a. Present Value with compound interest b. Future Value of an Annuity c. Present Value of an Annuity d. Amortization e. Sinking Fund 8. Answer the question in the problem. a. $30,681.38 b. $29,754.02. c. $34,245.54 d. $30,160.79 c. $28,541.46

A corporation creates a sinking fund in order to have $640,000 to replace some machinery in 8 years. How much should be placed in this account at the end of each quarter if the annual interest rate is 6.1% compounded quarterly? (Round your answers to the nearest cent.) $11731.10 x How much interest would they earn over the life of the account? $ 170756.04 X Determine the value of the fund after 2, 4, and 6 years. 2 years $99013.71 X 4 years $210771.88 X 6 years $336914.93 X How much interest was earned during third quarter of the 4th year?

An investor placed $2,000 per year at the end of each year into an investment account. Immediately after the 15th payment, the value of money in the account was $58,720. What is the average annual rate of return the investor has earned on the account? Group of answer choices 7.0% 9.0% 5.1% 6.3%

Suppose an individual makes an initial investment of $2,400 in an account that earns 6.6%, compounded monthly, and makes additional contributions of $100 at the end of each month for a period of 12 years. After these 12 years, this individual wants to make withdrawals at the end of each month for the next 5 years (so that the account balance will be reduced to $0). (a) How much is in the account after the last deposit is made? (b) How much was deposited? (c) What is the amount of each withdrawal? (d) What is the total amount withdrawn?

2) Suppose that you invested $100 in a bank account that earned an annual rate of return of 10%. How much would you have in that bank account at the end of 10 years? A) $259.37 B) $238.55 C) $293.74 D) $214.46 E) $279.23