A trust fund for a 8 - year - old grandchild is being set up by her grandfather. The objective of the grandfather is to have $120,000 when she is 18, that is after 10 years. The grandfather is investing a fixed amount at the end of each quarter. If the fund earns APR of 7.25%, how much money should be invested into the fund at every quarter end?

A family wishes to accumulate 50,000 in a college education fund at the end of 20 years. If they deposit 1,000 in the fund at the end of each of the first 10 years and 1,000+ X in the fund at the end of each of the second 10 years, find X if the fund earns 8% effective.

Jennifer is planning a trip to Alaska in 5 years. She has calculated that she will need $15,000 to cover her expenses.  Her bank offers money market investments at a rate of 4.5% compounded annually.  What should Jennifer invest now to have the needed funds?

sonia which to establish  a trust  fund from which her son can withdrew $6000 every six months for 15 years , when he reach 16 years old.At  the end of which time he will receive the remaining  money in the trust,which you would like to be $25000. The trust will be invested at 6% per annum compounded semi-annual .How large should  the trust   be ?

Tiffany set up a fund that would pay her family $4,000 at the beginning of every month, in perpetuity. What was the size of the investment in the fund if it was earning 3.00% compounded semi-annually? Round to the nearest cent

Francis wants to start a foundation that will pay its beneficiaries $64,000 per year forever, with the first cash flow occurring one year from today. If the funds will be invested to earn 7% per year, how much must Frank donate today? Enter your answer as a positive number rounded to the nearest penny.

Doris plans to save ​$5000 per year for the next 35 years. Her money will be deposited in a stock market index fund that has a ​0.5% annual management fee. If this fund earns ​6% per​ year, how much will Doris save by investing in this fund instead of an actively managed mutual fund that has a 1​% annual​ fee? Compute your answer as a future amount at the end of year . Assume that payments are made at the end of year.   The future equivalent of savings amount at the end of year 35 is ___.