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please answer my all the question from 1 to 6 What is the accumulated value of periodic deposits of $4,500 made into an investment fund
please answer my all the question from 1 to 6
What is the accumulated value of periodic deposits of $4,500 made into an investment fund at the beginning of every six months, for 6 years, if the interest rate is 4.50% compounded semi-annually? Round to the nearest cent Lindsey invested $2,100 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at a rate of 3.70% compounded semi-annually and for the next 2 years it earned interest at a rate of 5.50% compounded semiannually. a. Calculate the accumulated value of his investment at the end of the first 9 years. $59,127.45 $59,368.15 $44,373.41 $45,194.32 b. Calculate the accumulated value of her investment at the end of 11 years. $59,127.45 $59,368.15 $54,187.92 $45,194.32 4 c. Calculate the amount of interest earned from the investment. $13,168.15 $12,927.45 Nicole invested $1,900 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at a rate of 4.80% compounded semi-annually and for the next 2 years it earned interest at a rate of 5.60% compounded semi-annually. a. Calculate the accumulated value of his investment after the first 9 years. Round to the nearest cent b. Calculate the accumulated value of his investment at the end of 11 years. Round to the nearest cent Round to the nearest cent b. Calculate the accumulated value of his investment at the end of 11 years. Round to the nearest cent c. Calculate the amount of interest earned from the investment. Round to the nearest cent For 8 years, Janet saved $1,050 at the beginning of every month in a fund that earned 3.5% compounded annually. a. What was the balance in the fund at the end of the period? Round to the nearest cent b. What was the amount of interest earned over the period? Round to the nearest cent A contract requires lease payments of $700 at the beginning of every month for 5 years. a. What is the present value of the contract if the lease rate is 5.75% compounded annually? Round to the nearest cent b. What is the present value of the contract if the lease rate is 5.75% compounded monthly? Evan secured a 4-year car lease at 6.20% compounded annually that required him to make payments of $885.24 at the beginning of each month. Calculate the cost of the car if he made a downpayment of $1,750. Round to the nearest cent Step by Step Solution
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