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If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from the bank for 8 years starting 1 year after the 9th deposit is made. Cost of money is 14% compounded quarterly.
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- You put $250 in the bank for S years at 12%. A. If interest is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the fifth year. B. Use the future value of $1 table in Appendix B and verity that your answer is correct.If Bergen Air Systems takes out a $100,000 loan, with eight equal principal payments due over the next eight years, how much will be accounted for as a current portion of a noncurrent note payable each year?Use the tables in Appendix B to answer the following questions. A. If you would like to accumulate $4,200 over the next 6 years when the interest rate is 8%, how much do you need to deposit in the account? B. If you place $8,700 in a savings account, how much will you have at the end of 12 years with an interest rate of 8%? C. You invest $2,000 per year, at the end of the year, for 20 years at 10% interest. How much will you have at the end of 20 years? D. You win the lottery and can either receive $500,000 as a lump sum or $60,000 per year for 20 years. Assuming you can earn 3% interest, which do you recommend and why?
- You want to invest $8,000 at an annual Interest rate of 8% that compounds annually for 12 years. Which table will help you determine the value of your account at the end of 12 years? A. future value of one dollar ($1) B. present value of one dollar ($1) C. future value of an ordinary annuity D. present value of an ordinary annuityYou put $600 in the bank for 3 years at 15%. A. If Interest Is added at the end of the year, how much will you have in the bank after one year? Calculate the amount you will have in the bank at the end of year two and continue to calculate all the way to the end of the third year. B. Use the future value of $1 table In Appendix B and verify that your answer is correct.(Please draw cashflow diagram) If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from the bank for 8 years starting 1 year after the 9th deposit is made. Cost of money is 14% compounded quarterly.
- Provide step by step and manual solution including diagram. If P8,000 is deposited in the bank each year for 10 years, how much annuity can aperson get annually from the bank every year for 6 years starting 1 year after the 10th deposit is made. cost of money is 12%.Suppose that P 4500 is deposited each year into a bank account that pays 8% interest compounded quarterly. How much would be accumulated in his fund by the end of the 4th year? The first payment occurs at time zero (now). Please draw a cash flow diagram. Thank youIf P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from the bank for 8 years starting 1 year after the 9th deposit is made. Cost of money is 14% compounded quarterly. Please give me complete/detailed solutions and givens. also, show cash flows diagram (inflow and outflow). ----the picture below is an example of cash flow diagram.
- Suppose that P400 is deposited each year into a bank account that pays 8% interest annually. If 12 payments are made into the account, how much would be accumulated in his fund by the end of the 12th year? The first payment occurs at time zero (now). Draw a cash flow diagram too.Kindly create the cashflow diagram of the problem below. Determine the present worth and the accumulated amount of an annuity consisting of 6 payments of P120, 000 each, the payment is made at the beginning of each year. Money is worth 15% compounded annually.What lump sum of money must be deposited into a bank account at the present time so that $500 monthly can be withdrawn for five years, with the first withdrawal scheduled for six years from today? Interest is 9% compounded quarterly. Show cashflow diagram and complete solution.
