be invested at the beginning of each quarter at 10 % compounded quarterly in order to have P140,000 in a fund 6 yea
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ANNUITY DUE PROBLEM
- What sum should be invested at the beginning of each quarter at 10 % compounded quarterly in order to have P140,000 in a fund 6 years from now.
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- If P50 was invested at 6% on January 1, year 1, what equal year-end withdrawals(P) could be made each year for ten years, leaving nothing in the fund after the tenth withdrawal?Show Solution. Topic: Perpetuities 4. What amount is required to fund a perpetuity that begins annual payments of P50,100 immediately, if the funds can be invested to earn 11% compounded quarterly?5. A fund of P3,000,000 needs to be available after 10 years. How much deposit should be made every end of the month if money accumulates at the rate of 6% per annum compounded monthly?
- What deposit made at the beginning of each month will accumulate to $120,000 at 8% compounded semi-annually at the end of 10 years? Please include the cashflow diagram and what kind of annuity formula can we use on this question aside from the excel format?Find the periodic payments PMT necessary to accumulate the given amount in an annuity account. (Assume end-of-period deposits and compounding at the same intervals as deposits. Round your answer to the nearest cent.) $70,000 in a fund paying 2% per year, with monthly payments for 10 years PMT = $ ___2. What sum should be invested at the beginning of each quarter, at 16% compounded quarterly in order to have P25, 000.00 in a fund in 10 years.
- 2: An investment fund is set up to make payments of $1,250 at the end of every month for 15 years. Interest on the fund is 8.50% compounded monthly. (a) How much money must be deposited into the fund today to allow for this series of payments? (b) How much will be paid out of the fund? (c) How much interest will be earned by the fund?Calculating Present Value of a Perpetuity Given a discount rate of 6.3 percent per year,what is the value at Year 7 of a perpetual stream of $2,350 annual payments that beginsat Year 15?Determine the present value of an ordinary annuity paid annually for 25 years if payments are 1.200$ per year for the first 7 years, 5.500$ for the following 8 years and 2.500$ in the final 10 years. Interest is j12 = 6% throughout the entire period.
- Find the present value of deferred annuity of P 900 every 3 months for 5 years that is deferred 3 year, if money is worth 10% compounded quarterly.Find the present value PV of the annuity account necessary to fund the withdrawal given. (Assume end-of-period withdrawals and compounding at the same intervals as withdrawals. Round your answer to the nearest cent.) $200 per month for 15 years, if the account earns 7% per year and if there is to be $10,000 left in the annuity at the end of the 15 years PV = $ Need Help? Read It Watch ItFind the future value for the annuity due with the given rate. payments of $400 for 9 years at0.32% compounded annually. the future value of the annuity due is?