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LG 4 P5-28 561 per student. The enderen ble payment to the university. The owery expens per year on these funds. W large an initial
LG 4 P5-28 561 per student. The enderen ble payment to the university. The owery expens per year on these funds. W large an initial single payment must Marla's parents make to the univery to fund the endowment? b. What amount would be needed to fund the endowment if the university could earn 9% rather than 6% per year on the funds: Assignmen word document Submit online Value of a mixed stream For each of the mixed streams of cash flows shown in the following table, determine the future value at the end of the final year it deposits are made into an account paying annual interest of 12%, assuming that no withdrawals are made during the period and that the deposits are made a. At the end of each year. b. At the beginning of each year. Cash flow stream Year A B 1 2 $ 900 1,000 1,200 3 $30,000 $1,200 25,000 1,200 20,000 1,000 10,000 1.900 5,000 4 5 LG 4 Personal Finance Problem P5-29 Value of a single amount versus a mixed stream Gina Vitale has just contracted to sell a small parcel of land that she inherited a few years ago. The buyer is willing to pay $24,000 at the closing of the transaction or will pay the amounts shown in the following table at the beginning of each of the next 5 years. Because Gina doesn't she plans to let it accumulate in an account that earns a closing
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