please do it in clear writing.
also finish all of it so i can give you a up
write it in clear writing
HO 5 Too Unit #6 Assignment - Annuities (211 (2) Jus 10,2030 4:35 PM 40 MAPAC UNIT 6 ASSIGNMENT - Annuities Complete al questions in the formule une teed to use the TV Sole. Make sure to show your work and that all moneywers eve rounded to decine place. All of the formules and the TV white used in the are included on the LAST PAGE 1. Uw the correct formula to calculate how much lessica's parents will have in her if they make payments of $1100 per month for 3 years before she goes to college in Nova Scotia interest is eamed compounded monthly. Make sure to show your work for full mars 14 marts Calculation of future value that Jessica's parents have after 3 years Monthly deposit Annuity) (C) $1100 Interesti)=0.04 No.of compounding in a year (m-12-3 Further value of ordinary annuity will be calculated as follow, Further value Thus Jessica's parents will have $41,990.72 after 3 years 2. Dilan has a car loan of 18 that he must pay off in 5 years. Interest on his car loan is 6.5$ per year, compounded weekly. Use the correct formula to calculate the rewelryments that Dilan must make in order to pay of his tear. Hint. There are 5 weeks in a year). Id marks 3. Mohit wants to go on a trip to Australia for his birthday in years. He decides to start making equal payments each year (quarterly in an investment account that ears 4.6% per year,compounded quarterly. He would be to have saved for the tre a) Use the correct formula to calculate what Mohit's quarterly payment should be. Show your work for to marksl 4 marks How much interestid Mohit cam on his investment? [2 markal 4. Ovis going on a yearlong trip to Asia and Europe. She wants to have a stamount of money available each month. She wants to be able to withdraw $850 at the end of each month for the entire year,varing one month from now. She is earning SIN per year, compounded monthly. Using the correct formula, determine how muth must Ovdepot today, in order to have this money wable for these withdrawal Show your work forumal 14 mars MAP4C UNIT #6 ASSIGNMENT - Annuities Complete all questions using the formula unless stated to use the TVM Solver. Make sure to show your work and that all money answers are rounded to 2 decimal places. All of the formulas and the TVM Solver website used in this unit are included on the LAST PAGE 1. Use the correct formula to calculate how much Jessica's parents will have in her RESP if they make payments of $1100 per month, for 3 years before she goes to college in Nova Scotia. Interest is earned at 4% per year, compounded monthly. Make sure to show your work for full marks! (4 marks) Calculation of future value that Jessica's parents have after 3 years Monthly deposit (Annuity) (C)= $1100 Interest(r) 0.04 No.of compounding in a year (m)=12 n=3 Further value of ordinary annuity will be calculated as follow; Further value=hid -70) Thus Jessica's parents will have $41,999.72 after 3 years 2. Dillan has a car loan of $18 000 that he must pay off in S years. Interest on his car loan is 6.5% per year, compounded weekly. Use the correct formula to calculate the regular weekly payments that Dillan must make in order to pay off his loan. (Hint: There are 52 weeks in a year). (4 marks] Mohit wants to go on a trip to Australia for his 40 birthday in 6 years. He decides to start making 4 equal payments each year (quarterly) in an investment account that earns 4.6% per year, compounded quarterly. He would like to have $5000 saved for the trip. a) Use the correct formula to calculate what Mohit's quarterly payment should be. Show your work for full marks! (4 marks) b) How much interest did Mohit earn on his investment? [2 marks] 4. Olivia is going on a yearlong trip to Asia and Europe. She wants to have a set amount of money available each month. She wants to be able to withdraw $850 at the end of each month for the entire year, starting one month from now. She is eaming 5.1% per year, compounded monthly. Using the correct formula, determine how much must Olivia deposit today, in order to have this money available for these withdrawals? Show your work for full marks! (4 marks] HO 5 Too Unit #6 Assignment - Annuities (211 (2) Jus 10,2030 4:35 PM 40 MAPAC UNIT 6 ASSIGNMENT - Annuities Complete al questions in the formule une teed to use the TV Sole. Make sure to show your work and that all moneywers eve rounded to decine place. All of the formules and the TV white used in the are included on the LAST PAGE 1. Uw the correct formula to calculate how much lessica's parents will have in her if they make payments of $1100 per month for 3 years before she goes to college in Nova Scotia interest is eamed compounded monthly. Make sure to show your work for full mars 14 marts Calculation of future value that Jessica's parents have after 3 years Monthly deposit Annuity) (C) $1100 Interesti)=0.04 No.of compounding in a year (m-12-3 Further value of ordinary annuity will be calculated as follow, Further value Thus Jessica's parents will have $41,990.72 after 3 years 2. Dilan has a car loan of 18 that he must pay off in 5 years. Interest on his car loan is 6.5$ per year, compounded weekly. Use the correct formula to calculate the rewelryments that Dilan must make in order to pay of his tear. Hint. There are 5 weeks in a year). Id marks 3. Mohit wants to go on a trip to Australia for his birthday in years. He decides to start making equal payments each year (quarterly in an investment account that ears 4.6% per year,compounded quarterly. He would be to have saved for the tre a) Use the correct formula to calculate what Mohit's quarterly payment should be. Show your work for to marksl 4 marks How much interestid Mohit cam on his investment? [2 markal 4. Ovis going on a yearlong trip to Asia and Europe. She wants to have a stamount of money available each month. She wants to be able to withdraw $850 at the end of each month for the entire year,varing one month from now. She is earning SIN per year, compounded monthly. Using the correct formula, determine how muth must Ovdepot today, in order to have this money wable for these withdrawal Show your work forumal 14 mars MAP4C UNIT #6 ASSIGNMENT - Annuities Complete all questions using the formula unless stated to use the TVM Solver. Make sure to show your work and that all money answers are rounded to 2 decimal places. All of the formulas and the TVM Solver website used in this unit are included on the LAST PAGE 1. Use the correct formula to calculate how much Jessica's parents will have in her RESP if they make payments of $1100 per month, for 3 years before she goes to college in Nova Scotia. Interest is earned at 4% per year, compounded monthly. Make sure to show your work for full marks! (4 marks) Calculation of future value that Jessica's parents have after 3 years Monthly deposit (Annuity) (C)= $1100 Interest(r) 0.04 No.of compounding in a year (m)=12 n=3 Further value of ordinary annuity will be calculated as follow; Further value=hid -70) Thus Jessica's parents will have $41,999.72 after 3 years 2. Dillan has a car loan of $18 000 that he must pay off in S years. Interest on his car loan is 6.5% per year, compounded weekly. Use the correct formula to calculate the regular weekly payments that Dillan must make in order to pay off his loan. (Hint: There are 52 weeks in a year). (4 marks] Mohit wants to go on a trip to Australia for his 40 birthday in 6 years. He decides to start making 4 equal payments each year (quarterly) in an investment account that earns 4.6% per year, compounded quarterly. He would like to have $5000 saved for the trip. a) Use the correct formula to calculate what Mohit's quarterly payment should be. Show your work for full marks! (4 marks) b) How much interest did Mohit earn on his investment? [2 marks] 4. Olivia is going on a yearlong trip to Asia and Europe. She wants to have a set amount of money available each month. She wants to be able to withdraw $850 at the end of each month for the entire year, starting one month from now. She is eaming 5.1% per year, compounded monthly. Using the correct formula, determine how much must Olivia deposit today, in order to have this money available for these withdrawals? Show your work for full marks! (4 marks]
