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w Suppose that LUMS endowment fund has a balance of Rs 200.000,000, and they want to withdraw Rs 13,500,000 starting from next year af annual

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w Suppose that LUMS endowment fund has a balance of Rs 200.000,000, and they want to withdraw Rs 13,500,000 starting from next year af annual intervals forever Ench sutisequent payment grows at per annum What should be the rate of return that is required to earn by the department to finance the desired withdrawn? instructions. Enter the rate up to two decimal places Towed by a (%) percentage signforeg 11.83etc 9 You are working in a government job, and you wish to be worth Rs 1.000.000 in 8 years You are planning to annually save an increasing 6% amount (as your salary increases annually and can earn 8% compounded annually on your savings How much should your first end-of-year) amount save be? Instructions for entering the answer. For example, type your answer as Rs. 100" to gan full points. If your answer has decimal points, be sure to round them off to the nearest Rupee eg if your answer is Rs 10078 You will enter it as Rs 101" OR if your answer is Rs. 100.38", you wil writes as Rs 100" DO NOT round of decimals in termediate calculations 10. During your Principles of Finance cas your banker calls you and tell you that your remaining balance is Rs 20.000. He asks you to save this amount at the end of every year and invest in an online brokerage mutual fund account that has an annual expected return of compounded semi-annusty Today you are 18 years old you tolong your bankers advice today and continue waving in this way the rest of your life how much do you expect to have in the brokerage account when you are watch

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