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here is the first Question, you may need some information to answer Q4 : Question 4 (4 points) A company sets aside $170000 at the
here is the first Question, you may need some information to answer Q4 :
Question 4 (4 points) A company sets aside $170000 at the beginning of each quarter to accumulate a fund for a future hotel development. What is the amount in the fund at the end of 8 years if the fund earns 9% compounded semi-annually. Only round the final answer to two decimal places End/Beg (0.25 points) P/Y (0.25 points) C/Y (0.25 points) N (0.5 points) 1/Y PV (0.5 points) PMT (0.25 points) FV (2 points) Retirement Note: you will need information from the first question in this section to answer the second question "An endowment fund to provide an annual scholarship to the first-year student with the top academic performance in the School of Business has been established. The endowment is set up with a donation of QAR370,000 and will earn 6.5% compounded semi-annually. What is the amount of the scholarship the student will receive at the end of the year? Only round the final answer to two decimal places" End/Beg (0.25 points) P/Y (0.25 points) C/Y (0.25 points) N(0.5 points) 1/Y PV (0.5 points) PMT (2 points) FV (0.25 point) Question 4 (4 points) A company sets aside $170000 at the beginning of each quarter to accumulate a fund for a future hotel development. What is the amount in the fund at the end of 8 years if the fund earns 9% compounded semi-annually. Only round the final answer to two decimal places End/Beg (0.25 points) P/Y (0.25 points) C/Y (0.25 points) N (0.5 points) 1/Y PV (0.5 points) PMT (0.25 points) FV (2 points) Retirement Note: you will need information from the first question in this section to answer the second question "An endowment fund to provide an annual scholarship to the first-year student with the top academic performance in the School of Business has been established. The endowment is set up with a donation of QAR370,000 and will earn 6.5% compounded semi-annually. What is the amount of the scholarship the student will receive at the end of the year? Only round the final answer to two decimal places" End/Beg (0.25 points) P/Y (0.25 points) C/Y (0.25 points) N(0.5 points) 1/Y PV (0.5 points) PMT (2 points) FV (0.25 point)
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