Mary establishes an investment portfolio that pays £5000 at the end of every year in perpetuity.This income is split between three beneficiaries.The first beneficiary ,Ann,will receive the income for the first 15 years,while the second beneficiary,Bob,will receive the income for the following 15 years.After 30 years,the portfolio will be donated to a charity.Assuming a 5%p.a. Effective rate of interest ,what is the present value of the shares of each beneficiary?

An investor is setting up a fund which requires 11 years of contributions. The investor pays £200 per month for 5 years. After 5 years, the payments increase by £50 for the subsequent 6 years. All payments are made in arrears, i.e at the end of the period. The effective annual rate i=2%.   What is the value of the fund after 11 years?

find the nominal rate per annum convertible monthly that pays an interest of £200 on an initial capital of £1000 at the end of 3 years.

James has an investment worth $175,609.50. The investment will make a special payment of X to James in 1 month from today and the investment also will make regular, fixed monthly payments of $1,440.00 to James forever. The expected return for the investment is 1.23 percent per month and the first regular, fixed monthly payment of $1,440.00 will be made to James in one month from today. What is X, the amount of the special payment that will be made to James in 1 month? An amount less than $58,600.00 or an anmount greater than $179,600.00 An amount equal to or greater than $58,600.00 but less than $88,950.00 An amount equal to or greater than $88,950.00 but less than $146,400.00 An amount equal to or greater than $146,400.00 but less than $176,000.00 O An amount equal to or greater than $176,000.00 but less than $179,600.00 Com SHEMA