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PLEASE USE FINANCIAL CALCULATOR IN ANSWERING PROVIDE THE AMOUNT OF N, WY,P/Y.C/V, PV, PV, AND PMT 4. Li Jun invested his savings in a bank

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PLEASE USE FINANCIAL CALCULATOR IN ANSWERING PROVIDE THE AMOUNT OF N, WY,P/Y.C/V, PV, PV, AND PMT 4. Li Jun invested his savings in a bank at 3.00% compounded quarterly. How much money did he invest to enable withdrawals of 54,000 at the beginning of every 6 months from the investment for 6 years, if the first withdrawal is to be made in 10 years? N- I/Y PHY C/Y PV= FV- PMT- 5. A college plans to set up an endowment fund that will provide a scholarship of $5,000 at the end of every quarter, in perpetuity. How much should the college invest in the fund, if the fund earns 5.50% compounded quarterly? N= WY P/Y = C/Y- PV= FV= PMT= 1 6. Taylor set up a fund that would pay his family 54,000 at the beginning of every month, in perpetuity. What was the size of the investment in the fund if it was earning 3.00% compounded semi-annually? N- WY P/Y - CY PV= FV= PMT= 7. If the market value of a telecommunications share is $263.05, calculate the year-end dividends that it should be able to pay in perpetuity if money is worth 4.50% compounded semi-annually. 1/Y= P/Y= CY= PV= FV= PMT= N=

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