Linda set up a sinking fund so that can pay off $72,000 in 4 years. she...

Linda set up a sinking fund so that can pay off $72,000 in 4 years. she will make semiannual payment at 14% compounded semiannually payment, at 14% compounded semiannually. in order to prepare sinking fund table you must first find the amount of the regular payment. how much is the pmt?

Expert Solution

ekkarill92 answered 2 years ago

Loan of EGP 50,000 is taken out. A sinking fund is set up to pay back...

Loan of EGP 50,000 is taken out. A sinking fund is set up to pay back the EGP 50,000 in one lump sum at the end of 5 years. The sinking fund earns j2 = 12% and deposits are made semiannually. Find the book value of the debt after 2 years. choose 3793.63 16595.67 33404.33

Loan of EGP 30,000 is taken out. A sinking fund is set up to pay back...

Loan of EGP 30,000 is taken out. A sinking fund is set up to pay back the EGP 30,000 in one lump sum at the end of 5 years. The sinking fund earns j4 = 4% and deposits are made Quarterly. Find the book value of the debt after 3 years.

A sinking fund is set up so that level annual payments will accumulate, at i %p.a...

A sinking fund is set up so that level annual payments will accumulate, at i %p.a compounding annually, to $50,000 in 10 years. Assuming the payments made are at each year-end, after exactly 5 years the sinking fund will be: [Note: a sinking fund allows for money to be set aside by periodical deposits in order to accumalte an amout to e.g replace equipment or repay debt due at a future date]

A sinking fund can be set up in one of two ways. Discuss the advantages and...

A sinking fund can be set up in one of two ways. Discuss the advantages and disadvantages of each procedure from the viewpoint of both the firm and its bondholders.

Lucy set up a savings fund for her son's education so that she would be able...

Lucy set up a savings fund for her son's education so that she would be able to withdraw $1,775 at the beginning of every month for the next 5 years. The fund earns 4.35% compounded quarterly. a. What amount should she deposit today to allow for the $1,775 periodic withdrawals? $77,923.75 $95,595.71 $95,940.99 $78,771.17 b. How much interest would she earn in this investment? $95,940.99 $10,559.01 $106,500.00 $10,904.29

Question 1 A company borrowed $ 74,500. The company plans to set up a sinking fund...

Question 1 A company borrowed $ 74,500. The company plans to set up a sinking fund that will pay back the loan at the end of 6 years. Assuming a rate of 6% compounded semiannually, find the Sinking Fund of the ordinary annuity. An employee decided to invest $ 1,960 quarterly for eight years in an ordinary annuity at 20%. What is the total cash value of the annuity at end of year 8? What must YOU...

Find the amount of the payment to me made into a sinking fund so that enough...

Find the amount of the payment to me made into a sinking fund so that enough will be present to accumulate the following amount. Payments are made at the end of $95,000; money earns 4% compounded semiannually for 2 and a half years. the payment size is $ (do not round until the final answer. then round to the nearest cent)

You are hoping to set up a fund for your family to pay out $75,000 per...

You are hoping to set up a fund for your family to pay out $75,000 per year indefinitely. If current interest rates are 8% how much will you need to deposit today? Suppose, you want to see the payout grow by 5% to cover any unforeseen costs, by how much does your deposit need to increase to develop the sustaining fund?

You set up a college fund in which you pay $3500 each year at the beginning...

You set up a college fund in which you pay $3500 each year at the beginning of the year. How much money (in $) will you have accumulated in the fund after 29 years, if your fund earns 7% compounded annually?

Dyna tell Ed that she will pay him $1,000 to set fire to her store so...

Dyna tell Ed that she will pay him $1,000 to set fire to her store so she can collect under a fire insurance policy. Ed sets fire to the store and Dyna refuses to pay. Ed sues Dyna. Does Ed win. Please explain why or why not.

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