Find the amount of periodic payment necessary for the deposit to a sinking fund Amount Needed A $120,000 Frequency Rate n r quarterly 8% Time t 25 yr

Q: In the following ordinary annuity, the interest is compounded with each payment, and the payment is…

A: Monthly deposit can be calculated using PMT function in excel.   PMT(rate, nper, pv, [fv], [type])…

Q: Find the amount of each payment to be made into a sinking fund which earns 7% compounded quarterly…

A: Answer Future Value $32,000 Period In Years 2.5 Rate 7% Compund  Quaterly Total Periods…

Q: Find the amount of each payment to be made into a sinking fund so that enough will be present to…

A: The objective of the question is to find out the amount of each payment to be made into a sinking…

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer…

A: In the given question we need to compute the periodic payment amount if we need $50000 at the end of…

Q: Determine the monthly payment necessary to accumulate $30,000 in a fund paying 6% per year,…

A:

Q: Find the amount of each payment to be made into a sinking fund so that enough will be present to…

A: The objective of the question is to find the amount of each payment to be made into a sinking fund…

Q: Use the sinking fund formula to determine the payment needed to reach the accumulated amount. Round…

A: We need to calculate periodic/weekly payment by using sinking fund formula PMT =FVn1+rnn*t-1rn Where…

Q: Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the…

A: FV = $1,000,000 r = 5.8% Number of compounding per year (m) = 2 Period (t) = 30 Years

Q: If the intrest rate is a 12%p.a. the amount to be invested today to earn an annuity of rs.1000 for 5…

A: Interest Rate = 12% Annuity = 1000 Time Period = 5 years END OF PERIOD ANNUITY Investment = ?

Q: Develop an amortization schedule for the loan described. (Round your answers to the nearest cent.)…

A: Amortization schedule: It shows the periodic loan payments with the amount of principal and interest…

Q: 1.1. Find the annuity and interest Periodic Deposit- $2000 at the end of every three months…

A: Two different unrelated problems appear on the screen. Though they are different otherwise, the…

Q: nnuity Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Present…

A: The present value of an annuity is the current value of a stream of future payments, discounted to…

Q: Find the amount of each payment to be made into a sinking fund earning 7% compounded monthly to…

A: Solution:- When an equal amount is made each period at end of period, it is called ordinary annuity.…

Q: Use the sinking fund formula shown to the right to determine the monthly payment needed to…

A: A sinking fund can be referred to as a type of fund specially created to pay off the debts.…

Q: The payment size is $. (Round to the nearest cent.)

A: End of period payments N = 3.5 years i.e. 14 quarters Interest rate = 8%/4 = 2% per quarter Future…

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer…

A: When the lender lends a loan to the borrower, he charges a rate of interest on the borrowed amount.…

Q: Construct an amortization schedule for a $275,000, 6.8% annual rate loan with 30 equal payments.

A: Loan Amount = $ 275000Loan Term = 30 YearsInterest Rate = 6.80%

Q: Use the accompanying sinking fund formula to determine the payment needed to reach the accumulated…

A: Accompanying sinking fund formula:-A= [P*(1+R/n)^(t*n) -1] /R/nWhere A= Accumulated amount.P= Each…

Q: Use the sinking fund formula shown to the right to determine the monthly payment needed to…

A: Given Information: Required amount is $620,000 Interest rate is 8% Compounded monthly for 32 years

Q: Find the amount of the payment necessary to amortize each of the given loans. 53. $32,000 at 8.4%…

A: Time value of money :— According to this concept, value of money in present day is greater than the…

Q: Find the periodic payment for each sinking fund that is needed to accumulate the given sum under the…

A: Future Value is $2,200,000 Interest rate r is 4% compounded quarterly Quarterly rate is 4%4=1% Time…

Q: Solve by using the sinking fund or amortization formula. (Round your answer to the nearest cent.)…

A: The question asked to compute the sing king fund payment.   Future value: Future value refers to the…

Q: Find the present value of the following perpetuity. Made At: beginning Perpetuity Payment $160…

A: Payment = p = $160Time = t = 3Interest rate = r = 4.1 / 12 = 0.34166666666%

Q: Solve by using the sinking fund or amortization formula. (Round your answer to the nearest cent.)…

A: The concept of time value of money states that the current worth of money is more than its value in…

Q: Find the amount of each payment to be made into a sinking fund earning 8% compounded monthly to…

A: Future value = $51,000  Interest rate = 8% compounded monthly  Period = 8 years  Payments are made…

Q: For the sinking fund, use Table 12-1 to calculate the amount (in $) of the periodic payments needed…

A: Step 1 The worth of a series of recurrent payments at a specific future date, assuming a specific…

Q: 1. P6,000 quarterly investment at 8% interest compounded quarterly for 8 years mo 2. P4,000 monthly…

A: The future value of the annuity of investments means the future value of the deposits that will be…

Q: at the end of each month Rate-6.25% compounded monthly Time-45 years Financial Goal-$1,500,000 a.…

A: Periodic deposit refer to the payment that is made in form of equal deposits up to a specified…

Q: Calculate the future value of end-of-month payments of $500 made for 4 years into an investment fund…

A: Future Value of Ordinary Annuity refers to the concept which gives out the compounded or future…

Q: Determine the periodic deposit. round to the nearest dollor. Rate 5% compounded annually time 18…

A: Calculation of Periodic Deposit: The periodic deposit is $5,331.93.Excel Spreadsheet:

Q: Find the amount of a perodic payment necessary fur the deposit of a sinking fund. Amount needed…

A: A sinking fund is created for repayment of debt.A fixed sum of money is set aside periodically…

Q: Use the sinking fund formula shown to the right to determine the semiannual payments with 6​%…

A: Present value is the sum of money that must be invested in order to achieve a specific future goal.…

Q: Fint the periodc payments PNT necessary to accumutate the given amount in an annity account. (Assume…

A: The future value of the annuity is the future worth of a cash flow series at a certain rate of…

Q: nstruct the amortization schedule for a $17,000.00 debt that is to be amortized in 10 equal…

A: Debt=$17000r=6%n=10  payments

Q: UNIT 7-18

A: Step 1: Part (a) Perpetuity payment per year=$6000 Discount rate=9.50% We will calculate the Present…

Q: néářést cent.) Frequency of payment Payment amount end of each Required Interest Length of time…

A: given, pv = $24700 TIME = 5 YEARS RATE =8% quarterly compounding

Q: Find the amount of periodic payment necessary for the deposit to a sinking fund. (Round your answer…

A: To calculate the amount of periodic payment necessary for the deposit to a sinking fund, you can use…

Q: Use the sinking fund formula shown to the right to determine the semiannual payments with 8%…

A: We need to use sinking fund formula to determine periodic payment . The formula is  PMT  =FVn1+rn…

Q: A sinking fund is established to discharge a debt of $30,000 in 15 years. If deposits are made at…

A: Sinking Fund = s = $30,000 Compound = Semiannually = 2 Time = t = 15 * 2 = 30 Interest rate = r = 7…

Q: Deposits of 10 are placed into a fund at the end of each year for 18 years with the first deposi…

A: The today value is the present value of annual series considering the interest rate and given period…

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