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questions 5 and 6 plz ??? please use those types of calculations. i was trying but not finding an ans; questions 1-4 already answered only
questions 5 and 6 plz ???
please use those types of calculations.
i was trying but not finding an ans;
questions 1-4 already answered
only question 5 and 6. G value is 100$!
5. Suppose instead of the plan in Q#4 that you decide to start your deposits on her date of birth but you increase them by $100 every year until the final deposit on her 18th birthday. What is the value of her first deposit? a) 494 b) 514 c) 534 d) 554 6. Suppose instead of the plan in Q#5 that you decide to start your deposits on her 6th birthday. On her 6th birthday you deposit X and you increase X by 6% each year until your final deposit on her 18th birthday. Find X. a) 1803 b) 1823 c) 1843 d) 1863 - 2010 211 2ull Quli 20k v . : 7 30 ou (PTA, to do, 2) (PIF, foto, h) P- 2o ano + 20 ou (PTA, low, h) move money one point b.face! before cash (1215) (,183) p ort - ( 1,109) + 3e P = 118953,5$) Ans B] 2 p. 118960 (PIF, 104, 13) - 19960 (0,1799) han They want to share the cost equally . 21401 110700$ a Ans: A NEE browse period of to fem payment at lo As 1-192(AlP, 109l, 19) = 100936012 ) = 1306 $ Ans: G=100$ in 10- A = 100 (A 1G, 10040,19) = 100(6,2e11) = 629,61$ 201 211 21 201 20k v. Po po an toon (P1A, 10%,h) 7 30ow (PTA, 1000, 2) (P1f, 6%,h) met menty prit Lubacus before cash p owto 5,1194) + 00 (1,2355) (0,683-) P = 118958,64) Ans e 118960 (PIF, 104, 13) - 1896 (0,1799) I They mant to share the cost equally 21401 10700$ a Ans: A F: 11996 Pe A + A(PIA, 10, 12) - ACPIE, 10, 10) 10698= A +AL 8,0216) A(0,3855) 1.698 = 9,1361A A = 123,8$ - mony at 10698CF/P.10, 4) 10193 (4,441 A = 1510.94 (AL 1096, 20) A = 15662,9h (011175) - 1940 Aus :0) money VG G. 1008 i = 100% A = 100 (A 16, 1000, 19) (621) = 629,11 $ Asume 10% 1. Teday (t ) your daughter is born (congratulations and peod luck with that!) and you decide to start saving for her education. You figure that you will need to pay for 5 years of undergraduate engineering $20000 per year ( 18 through 221 and two years for graduate school at $30.000 per year 23 and 24). How much needs to be in her education accountatt 18 to fund her education in full (Choose the dosest awer) a) 117960 b) 118.950 c) 119,960 d) 120.960 2. Using your answer from Q1.com Your parents to share the education costs equally with you. Your parent deposits the necessary for the portion of the total amount is an account on her birth date . How much did they deposit? a) 10.698 b) 10,787 c) 10.878 d) 11,021 3. Using your answer from 01.com. You decide to your by depositing equal amounts every year from her birth date to her 1 day from up to and including te 18 deposits). You expect to have to the dept her 10 birthday due to extra expenses that year. How much do the deposits need to 1214 d) 1469 4. Suppose instead of the plan in Q3, that you decide to start your equalsum deposits on her so birthday. You will also plan to continue the equum deposits all the way through to her 24birthday (so including t inding and including 24 How much do the annual deposits need to be in this case? a) 1750 b) 1780 5. Suppose instead of the plan in Qu4 that you decide to start your deposits on her date of birth but you increase them by $100 every year the final deposit on her 18 birthday. What is the value of her first deposit? b) 514 d) 554 6. Suppose instead of the plan in us that you decide to start your deposits on her 64 birthday. On her 6 Mirthday you deposit and your Xby each year until your final deposit on her 18 birthday. Find a) 1803 b) 1823 c) 1843 5. Suppose instead of the plan in #4 that you decide to start your deposits on her date of birth but you increase them by $100 every year until the final deposit on her 18th birthday. What is the value of her first deposit? a) 494 b) 514 c) 534 d) 554 6. Suppose instead of the plan in Q#5 that you decide to start your deposits on her 6birthday. On her birthday you deposit X and you increase Xby 6% each year until your final deposit on her 18 birthday. Find X a) 1803 b) 1823 c) 1843 d) 1863 Assume i=10% 1. Today (t=0) your daughter is born (congratulations and good luck with that!) and you decide to start saving for her education. You figure that you will need to pay for 5 years of undergraduate engineering at $20,000 per year (from t=18 through t=22). and two years for graduate school at $30,000 per year (t=23 and t=24). How much needs to be in her education account at t=18 to fund her education in full? (Choose the closest answer) a) 117,960 b) 118,960 c) 119,960 d) 120,960 2. Using your answer from Q.1, continue: Your parent offers to share the education costs equally with you. Your parent deposits the necessary sum (for their portion of the total amount) in an account on her birth date (t=0). How much did they deposit? a) 10,698 b) 10,787 c) 10,878 d) 11,021 3. Using your answer from Q.1, continue: You decide to fund your half by depositing equal amounts every year from her birth date to her 18th birthday (from t=0 up to and including t=18 deposits). You expect to have to skip the deposit on her 10th birthday due to extra expenses that year. How much do the annual deposits need to be? a) 1160 b) 1214 c) 1303 d) 1469 4. Suppose instead of the plan in Q#3, that you decide to start your equal-sum deposits on her 5th birthday. You will also plan to continue the equal-sum deposits all the way through to her 24th birthday (so including t=5, including t=10, and including t=24). How much do the annual deposits need to be in this case? a) 1750 b) 1780 c) 1810 d) 1840 - mony at P: so 10698CF/P, 104, 4) 10198 (1,440 15662,00 A = 1510.95 (, L. 1096, 20) A = 15662,9h (0,1175) G-1008 i = 10% A = 100 (AIG, 1000, 19) 5 (6,2011) = 629,11 $2 2016 21 2010 2011 20k Po o ant 20 ou (PIA, los,h) 7 30 ou (PTA, to do, 2) (P1f, 6%,h) Lukas mutanty prit beface cash flow D (1,2355) (0,683-) p o t P = 118 958,48 (5144) + 3 Ans B) They mant to share the e 118960 (P/F, let, 13) - 1189 (0,1799) D = 21401 F. 1991. 21401 10700 $1 2 Ans: A Pub , 12) - ACPIE, lepe, 10) A(0,3855) PA + A(PIA, 1 10698= A +AC 8,0216) 1.698 = 9,1361A A = 1233,8 Step by Step Solution
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