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Question 4: (20 points) (A) A company borrowed $ 150,000. The company plans to set up a sinking fund that will pay back the loan
Question 4: (20 points) (A) A company borrowed $ 150,000. The company plans to set up a sinking fund that will pay back the loan at the end of 10 years, Assuming a rate of 8% compounded semiannually, find the Sinking Fund of the ordinary annuity (7 points) BUS101 - Ver AMG 7/8 2020-2021/Sprina (B) An employee decided to invest $ 2,500 quarterly for eight years in an ordinary annuity at 20%. What is the total cash value of the annuity at end of year 8? points) (7 (C) What must YOU invest today to receive an annuity of $ 12,600 for 12 years compounded at 8% quarterly when all withdrawals will be made at the end of each period? (6 points)
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