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Please show workings and use formulars, so I can understand what you did, thank you Class 3-Diver... EICS2014PUM..Employment In... Assignment.pdf309974495-Ha | 125% h 30 years,

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Class 3-Diver... EICS2014PUM..Employment In... Assignment.pdf309974495-Ha | 125% h 30 years, you plan to set up a fellowship fund for Carleton university that pays o s 100,000 year in perpetuity with an annually compounded discount rate of 5%. In order to set up the fund in 30 years, how much do you need to save each year (starting this year) assuming you can get a semi-annually compounded return of 10% per annum savings for the next 30 years? (5 marks) c) You have been hired to run a pension fund for Mackay Inc, a small manufacturing firm. The firm currently has $5 million in the fund and expects to have cash inflows of S2 million a year for the first 5 years followed by cash outflows of S 3 million a year for the next 5 i. How much money will be left in the fund at the end of the tenth year? (10 marks) going through infinity) out of the balance left in the pension fund, how much could you years. Assume that interest rates are at 806. ii. If you were required to pay a perpetuity after the tenth year (starting in year 11 and afford to pay? (5 marks) (10 5 15-30 marks) MacBook Air 3 5 8

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