What is the future value of 15 periodic payments of $35,000 each made at the end...

What is the future value of 15 periodic payments of $35,000 each made at the end of each period and compounded at 12%? Instead of investing the entire $3,000,000, Bogut invests $580,000 today and plans to make 9 equal annual investments into the fund beginning one year from today. What amount should the payments be to establish the $5,997,000 Tony the Tank Foundation at the end of 9 years? Adam Bryant invests $32,000 at 8% annual interest, leaving the money invested without withdrawing any of the interest for 8 years. At the end of the 8 years, Adam withdraws the accumulated amount of money, Compute the amount Adam would withdraw assuming the investment earns interest compounded semiannually.

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ekkarill92 answered 2 years ago

What is the future value of 20 periodic payments of $4,000 each made at the beginning...

What is the future value of 20 periodic payments of $4,000 each made at the beginning of each period and compounded at 8%? Build an Excel worksheet to verify your calculation of #1. Show the calculation year by year (periodic amount, payment, balances etc.) Given the information of #1 above, how much you would have to save every year (period) if you want to have 2 million dollars of cash after 20 years (periods)

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