Please answer the entire question.
Wiseman Video plans to make four annual deposits of $6,000 each to a special building fund. The fund's assets will be invested in mortgage instruments expected to pay interest at 12% on the fund's balance. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Using the appropriate annuity table, determine how much will be accumulated in the fund on December 31, 2021, under each of the following situations 1. The first deposit is made on December 31, 2018, and interest is compounded annually. 2. The first deposit is made on December 31, 2017, and interest is compounded annually. 3. The first deposit is made on December 31, 2017, and interest is compounded quarterly. 4. The first deposit is made on December 31, 2017, interest is compounded annually, and interest earned is withdrawn at the end of each year. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 The first deposit is made on December 31, 2018, and interest is compounded annually. (Round your final answers to nearest whole dollar amount.) FVA of $1 Table or calculator function: Payment: 6,000 Fund balance 12/31/2021: 12% 28,676 Required 1 Required 2 > Wiseman Video plans to make four annual deposits of $6,000 each to a special building fund. The fund's assets will be invested in mortgage instruments expected to pay interest at 12% on the fund's balance. (FV of $1, PV of $1, FVA of $1, PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Using the appropriate annuity table, determine how much will be accumulated in the fund on December 31, 2021, under each of the following situations. 1. The first deposit is made on December 31, 2018, and interest is compounded annually. 2. The first deposit is made on December 31, 2017, and interest is compounded annually. 3. The first deposit is made on December 31, 2017, and interest is compounded quarterly. 4.The first deposit is made on December 31, 2017, interest is compounded annually, and interest earned is withdrawn at the end of each year. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 The first deposit is made on December 31, 2017, and interest is compounded annually. (Round your final answers to nearest whole dollar amount.) > Table or calculator function: Payment: n = FVA of $1 $ 6,000 5 12% $ 38,117 Fund balance 12/31/2021: Wiseman Video plans to make four annual deposits of $6,000 each to a special building fund. The fund's assets will be invested in mortgage instruments expected to pay interest at 12% on the fund's balance. (FV of $1, PV of $1. FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Using the appropriate annuity table, determine how much will be accumulated in the fund on December 31, 2021, under each of the following situations. 1. The first deposit is made on December 31, 2018, and interest is compounded annually. 2. The first deposit is made on December 31, 2017, and interest is compounded annually. 3. The first deposit is made on December 31, 2017, and interest is compounded quarterly. 4. The first deposit is made on December 31, 2017, interest is compounded annually, and interest earned is withdrawn at the end of each year. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 The first deposit is made on December 31, 2017, and interest is compounded quarterly. (Round your final answers to nearest whole dollar amount.) $ Deposit Date 12/31/2017 12/31/2018 12/31/2019 12/31/2020 is 12% 12% X 12% 12% X n= 1 2 3 4 X % Deposit 6,000 6,000 6,000 6,000 Fund Balance 12/31/2021 $ 6,000 X 12,720 X 20,246 X 28,676 X 67,642 Wiseman Video plans to make four annual deposits of $6,000 each to a special building fund. The fund's assets will be invested in mortgage instruments expected to pay interest at 12% on the fund's balance. (FV of $1, PV of $1, FVA of $1, PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Using the appropriate annuity table, determine how much will be accumulated in the fund on December 31, 2021, under each of the following situations. 1. The first deposit is made on December 31, 2018, and interest is compounded annually. 2. The first deposit is made on December 31, 2017, and interest is compounded annually. 3. The first deposit is made on December 31, 2017, and interest is compounded quarterly. 4.The first deposit is made on December 31, 2017, interest is compounded annually, and interest earned is withdrawn at the end of each year. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 The first deposit is made on December 31, 2017, interest is compounded annually, and interest earned is withdrawn at the end of each year. (Round your final answers to nearest whole dollar amount.) Deposit Amount No. of Payments 5 Interest left in Fund $ 0 Fund Balance 12/31/2021 $ 30,000 $ 6,000 Required 3 Required 4 >
