Calculate the accumulated value at the end of year 22 of the following payments made into a savings plan: £1963 paid at the end of each year for years 2 to 7 and then £839 paid at the beginning of each year for years 14 to 22. Consider that the fund accumulates compoundly at an effective rate of interest of 3.2% pa and there are made no withdrawals from the fund during the term. (correct answer = 29337.15)

Using the sinking fund Table 13.3, complete the following: (Do not round intermediate calculations. Round your answer to the nearest cent.) Frequency of payment Payment amount end of each Required Interest Length of time amount rate period 24,700 Quarterly 5 years 8% acer %24

An investor is setting up a fund which requires 18 years of contributions. The investor pays £100 per month for 15 years. After 15 years, the payments increase by £20 for the subsequent 3 years. All payments are made in arrears, i.e at the end of the period. The effective annual rate i = 6%. What is the value of the fund after 18 years? £ Number Enter an answer correct to 2 decimal places.

An investor pays the following separate amounts into a fund: £12,100 at t=7 years, £17,900 at t=13 years and £12,300 at t=28 years. The fund pays an effective quarter-yearly rate of discount of 2.3% during the first 7 years and an effective half-yearly rate of interest of 4.9% for the remaining period until the end of year 28. Assuming that no withdrawals are to be made throughout the entire term of this investment, calculate the present value of the fund (correct answer = 12422.19, no tables, only formulas, please)