What is the fair value of the grant payments according to the Financial Accounting Standards Board (FASB)? $130,000 $115,748 $125,000 $111,295

Q: How much can be paid in scholarships at the end of each half-year if ​$210,000 is deposited in a…

A: Interest can provide a range of benefits for investors, particularly those looking for a steady…

Q: Al Darby wants to withdraw $20200 (including principal) from an investment fund at the end of each…

A: Annuity refers to a series of cash flow that are usually constant and fixed in nature and occur on a…

Q: The trustees of a college have accepted a gift of ​$100000​, but are required to deposit it in an…

A: The time value of money refers to the concept that a dollar today is more than a dollar in the…

Q: Suppose that you won $1,500,000 in the Illinois state lottery. It will be paid to you over 20 years…

A: An annuity is end of year equal payments made for a fixed period of time at a specified interest…

Q: m January 1, you win $46,000,000 in the state lottery. The $46,000,000 prize will be paid in equal…

A: Present value is the equivalent value today of the future cash flow that is to be received in the…

Q: A trust fund amounting to ₱6700000 earns 7.4% annual interest. If ₱150,000 is to be withdrawn at the…

A: Amount of trust fund is P6,700,000 Interest rate is 7.4% Time period is 5 years Amount of withdrawl…

Q: A company will receive payments of $8,000 per year for the next five years under a subscription…

A: In accordance with generally accepted accounting principles (GAAP), the company should record the…

Q: The sum of $159,760 is invested at 5.5% compounded monthly for four years. After the four years, the…

A: The present value of annuity refers to the current value of future annuity payments to be paid at a…

Q: £1443 paid at the end of each year for the first 4 years followed by £1441 paid at the end of each…

A: Annual payment for first 4 years = £1443 Annual payment for 15 years (including first 4 years) = p =…

Q: A college wants to provide students with a perpetual scholarship of $10,000 at the end of every 3…

A: A perpetuity is a series of equal payments that go on forever. The amount invested to receive the…

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

A: Sinking Fund: It is the specific amount of money,needed at some future date,is accumulated by a…

Q: PNC's 30-year annuity is scheduled to pay off a loan taken out today at a 5% annual effective…

A: given, year (n) = 30 rate = 5% first annuity at t=10, amount= $10,000 then annuity increase by $5000…

Q: Tara wishes to accumulate $29,000 in 5 years. Use the appropriate formula to find the sinking fund…

A: first thing is calculate semiannual interest rates and semiannual period and from table you can get…

Q: A church wants to provide a retirement pilan for the senior paster  who agrd 55years now. The plan…

A: THERE ARE 2 THINGS GIVEN IN QUESTION ONE IS GHAS 7000 PER YEAR FOR 15 YEARS AFTER RETIREMENT AND…

Q: A 20-year annuity was purchased with $180,000 that had accumulated in an RRSP. The annuity provides…

A: Time Period = 20 Years Interest rate = 5% Present Value = $180,000

Q: A 10,000 loan is paid off over 10 years; interest is 6 percent effective. The borrower uses a…

A: Sinking funds are funds which are set aside for the repayment of a particular debt or loan.

Q: period. If interest is 8% compounded semiannually, what is the required semiannual to be made?

A: A stream of equal cash flows paid or received periodically is termed as annuity. Annuity is either…

Q: Set XYZ as the last three digits of your student number. Construct an amortization schedule for a…

A: Amortization Schedule: It is a table containing periodic loan payments, interest paid, principal…

Q: Deposits of $100 are made at the end of each calendar year from 2014 through 2019 inclusive. The…

A: Perpetuity is a series of payment which is made for an indefinite period of time. It does not end in…

Q: A school fund establishes that the following deposits must be made: Year 1, $2,000; Year 2, $2,000 +…

A: To determine the scholarship payment can be in perpetuity, we need to find the present value of the…

Q: A fund is to be created which pays out a scholarship of £7,000 every year in perpetuity. The first…

A: Perpetuity are funds that are paid over the whole life period of annuities. Value of perpetuity is…

Q: A scholarship fund is to be set up to provide monthly scholarships of $600. If the first payment is…

A: The concept of present value indicates that the value of a future amount of money is less than its…

Q: amount Sunrise Industries must invest each year

A: An annuity is an equal amount that is either deposited or withdrawn at equal interval of time over a…

Q: What is the fair value of the lottery payments according to the Financial Accounting Standards Board…

A: According to the financial accounting standards board (FASB), The fair and present value of the…

Q: Assume a discount rate of 9% and annual compounding. How much must you set aside today to fund the…

A: Information Provided: Grant amount = $1303.14 Growth rate = 3% Discount rate = 9%

Q: A perpetuity pays $9600 per half-year, as follows: • in odd-numbered half-year, a payment of $9600…

A: Perpetuity is a security that pays for a limitless measure of time. In money, interminability is a…

Q: Two annuities are available for purchase that your client has identified. The first annuity pays…

A: It is a case of comparison of an annuity of payments. The decision is based on the net present value…

Q: An insurer needs to make the following annuity payments to an individual: £744 paid at the beginning…

A: Present value is a financial concept that refers to the value of a future cash flow or stream of…

Q: Georgia deposits $4,000 every three months for five years. The first deposit is made on March 31,…

A: Money on December 31, 2020, immediately after her last deposit = Quarterly deposit x Factors for…

Q: : On January 1, 1999, Bitf purchases an annuity for 50600 dollars. The annuity makes annual payments…

A: The present value is the value of the sum received at time 0. It is the current value of the sum…

Q: An insurer needs to make the following annuity payments to an individual: £744 paid at the…

A: Present value is a financial concept that refers to the value of a future cash flow or stream of…

Q: Mike Carlson will receive $35,000 a year from the end of the third year to the end of the 17th year…

A: Present value (PV) is the current value of a future sum of money or  of cash flows given at…

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

A: Future value is the estimated value of current assets that is discounted at a predetermined rate of…

Q: Find the present worth of this cost.

A: An endowment fund is the fund set aside and invested, the earnings of which will be utilized for the…

Q: How much can be paid in scholarship at the beginning of each month if $231,500 is deposited in a…

A: The concept of present value indicates that the value of a future amount of money is less than its…

Q: The National Research Council is considering the establishment of a perpetuity to fund faculty…

A: Perpetuity refers equalized amount of payments received or paid for a infinite period of time. Value…

Q: A student wants save for college which begins in four years.  How much will the student save…

A: Solution:- When an equal amount is deposited each period at beginning of period, it is called…

Q: A 25-year annuity was purchased with $225,000 that had accumulated in a RRSP.  The annuity provides…

A: This question is based solved using Excel functions:PMT: Tells us monthly mortgage payment on a…