Wiseman Video plans to make four annual deposits of $4,750 each to a special building fund. The funds assets will be invested in mortgage instruments expected to pay interest at 12% on the funds balance. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (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, 2019, under each of the following situations.

1. the 1st deposit is made 12/361/16 interest is compounded annually..

table or calulator function........?

payment .........................?

n=..?

p=..?

fund bal 12/31/19.............?

2. the 1st deposit is made 12/31/15 interest is compounded annually

table ir calculator function....?

payment...........?

n=..........?

p=........?

fund balance 12/31/09.........?

3. the 1st deposit is made 13/31/15 interest is compounded quarterly

deposit detail............i=..............n=......deposit.........fund bal 12/31/09

12/31/15..................?.................?..........4750..............?

12/31/16..................?................?...........4750...............?

12/31/17..................?...............?............4750..............?

13/31/18...................?..............?............4750.............?

4. deposit amount...........# of payments........interest left in fund......fund bal 12/31/09

4750.........................................?.............................?..................................?