A person invests a series of level payments at the end of each month into a sinking fund, with no withdrawals allowed over a 28-year period, at the following annual levels: £1655 per annum for the first 10 years followed by £2323 per annum until the end of year 20 (inclusive). Given that rate of interest is 5.9% pa convertible monthly throughout the entire period, calculate,  the value of this investment at the time of withdrawal of t=28 years. no tables, only formulas, please

Use the sinking fund formula shown to the right to determine the semiannual payments with 8% interest are compounded semiannually for 4 years to accumulate $24,000.

Find the interest rate needed for the sinking fund to reach the required amount. Assume that the compounding period is the same as the payment period. $29,488 to be accumulated in 5 years; quarterly payments of $1275. %- The interest rate needed is approximately (Type an integer or decimal rounded to two decimal places as needed.)

At the end of the year, the company purchased as a long-term investment P 10,000, 10% bonds to yield 8% per year. The bonds mature on January 1, five years after, and pay interest semiannually on June 30 and December 31. The present value factors are as follows: Present value of 1 at 4% for 10 periods 0.6756 Present value for an ordinary annuity at 4% for 10 periods 8.11 Present value of 1 at 5% for 10 periods 0.6139 Present value for an ordinary annuity at 5% for 10 periods 7.72 The carrying amount of this investment at year end is

An investment involves annuity of Php 1172.00 compounded 17.2 times a year at an interest 1.72%. The annuity is to be paid in 46 years. Calculate the annual difference in annuities if the interest is compounded only once a year. (please solve neatly and readable and correctly)

Find the size of each of 8 payments made at the end of each year into a 9% rate sinking fund which produces 55000 at the end of 8 years. payment size

Q.30.

A home was bought with 20%down payment of R177175 the balance was financed for 20 years at 9.4%intrest per annum, compounded semi-annually. Find the size of the half -yearly payments for the loan