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Wiseman Video plans to make four annual deposits of $2,500 each to a special building fund. The fund's assets wil be in mortgage instruments expected
Wiseman Video plans to make four annual deposits of $2,500 each to a special building fund. The fund's assets wil be in mortgage instruments expected to pay interest at 12% on the fund's balance. (EVot$1, py of $1, PVAD of S) (Use appropriate factor[s) from the tables provided.) Using the appropriate annuity table, determine how much will be accumulated in the fund on December 31, 2021, under each of the following situations. vested in EVA of St PVA of t1 EV of $1 and 1.The first deposit is made on December 31, 2018, and interest is compounded annually 2.The first deposit is made on Decembor 31, 2017, 3. The first deposit is made on December 31, 2017, and interest is compounded quarterly 4. The first deposit is ma and interest is compounded annually. de on December 31, 2017, interest is compounded annually, and interest earned is withdrawn at the end of each year Complete this question by entering your answers in the tabs below Required : Required 2 Required 3 Required 4 The first deposit is made an December 31, 2018, and interest is compounded annually. (Round your final answers to nearest whale doillar amount.) Table or calculator function. Payment Fund balance 12/31/2021
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