For the sinking fund, use Table 12-1 to calculate the amount (in $) of the periodic payments needed to amount to the financial objective (future value of the annuity). (Round your answer to the nearest cent.) Sinking Fund Payment Payment Frequency Time Period (years) Nominal Rate (%) Interest Compounded Future Value (Objective) $   every year 14 8 annually $450,000 TABLE 12:1is attached

Create a complete sinking fund schedule and calculate the total payments and interest earned needed for a fund of $9,000 one year from now. The fund will receive deposits made at the end of every three months and earns 5% compounded quarterly. Payment Number 1 2 3 4 Total Payment Amout at End ($) (PMT) Number Number Number Number Total PMT = Number Interest Earned or Accrued ($) (INT) Number Number Number Number Total INT Number Principal Balance Accumulated at End of Payment Interval ($) (BAL) Number Number Number Number

Contemplating retirement an individual wants to create a fund on an 6% basis allowing $10,000. annual withdraws for 20 years. How much must the balance of the fund equal to allow the $ 10,000. equal annual withdraws beginning one year hence?  Following are appropriate factors from tables:    Table %   /  n Present Value of annuity due $1 Present Value of ordinary annuity of $1 Present value of $1 Future Value of ordinary annuity of $1 6%/20 12.15812 11.46992 .31180 36.78559 Required Computation:

K Find the amount of each payment into a sinking fund if $14,000 must be accumulated Payments are made at the end of each quarter for 3 years, with interest of 6% compounded quarterly Round to the nearest cent Click here to view part 1 of the Sinking Fund table. Click here to view part 2 of the Sinking Fund table. OA. $829.92 OB. $4,597 32 OC. $1,180.06 OD. $1,073.52

An annual deposit of P1,500.00 is placed on a fund at the end of each year for 6 years. If the fund invested has a rate of interest of 5% compounded annually, how much is the worth of this fund at the end of 9 years? O a. P11,118.10 O b. P11,821.10 O c. P11,181.10 O d. P11,811.10

Sd

A fund is built with annual payments increasing by $1 from $1 to $10 and then decreasing by $1 to $0. The first payment of $1 is made today. If the fund is used to purchase a ten-year level annuity with the first payment at twenty years from today, what is the amount of the level payment? (Assume an annual effective rate of interest of 4%.) Possible Answers A B D <$16 c≥ $17 but < $18 E ≥ $16 but < $17 ≥ $18 but < $19 ≥ $19

What sum of money must be deposited in a trust fund to provide a scholarship of $1550, quarterly for infinite period, if interest is 7.2% compounded quarterly? (Money should be rounded to 2 decimal place) USE ONLY CALCULATOR TO CALCULATE YOUR ANSWERS. PMT VY CAY 1 PV 1550 0.072 4 0.018 86111.11 4

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

Under the extended fund facility, credits are drawn over a maximum period of _____  years, and are repayable over a maximum of _______ years.      Three, Ten      Three, Eight      Two, Ten   Two, Five