An investor deposits 50 in an investment account on January 1 . The following summarizes the...
An investor deposits 50 in an investment account on
January 1 . The following summarizes the activity in the account
during the year:
Date March 15 June1 October 1
Value Immediately
40
80
175
Before Deposit
Deposit 20 80 75
On June 30, the value of the account is 157.50 . On
December 31, the value of the account is X. Using the time-weighted
method, the equivalent annual effective yield during the first 6
months is equal to the (time-weighted) annual effective yield
during the entire 1-year period. Calculate X.
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An investor deposits 50 in an investment account on
January 1 . The following summarizes the...
Question Three An investor deposits P2,000.00, then withdraws level annual payments starting one year after the...
Question Three An investor deposits P2,000.00, then withdraws level annual payments starting one year after the deposit was made. Immediately after the 1th annual drawing, the investor has P400.00 left in the account. Calculate the amount of each withdrawal, given that the annual rate of interest is 8% Question Six i.) Assuming a rate of interest of 6 % pa, calculate the present value as at 1 January 2018 of the following annuities, cach with a term of 25 years:...
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Jen wants to accumulate 400,000 at the end of 16 years. She deposits CX+10,000) into an...
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A certificate of deposit (CD) is similar to a savings account, but deposits are generally held to maturity. They usually offer higher rates than savings accounts because they "tie up" money for a period of time and often require a minimum deposit. A 4-year CD at a certain bank has a nominal rate of 2.379%, and an effective annual yield of 2.400%. If $800,000 is deposited with this bank, how much will be in the account at the end of...
D vi 11/16/17 (1) An investor deposits $35,000 into an IRA for her retirement in 25 years. The account pays 3.5% interest compounded continuously. She also plans to deposit $1800 each year into the account in a near-continuous manner for the same amount of time. What will be the value of her account after 25 years if she stays true to this plan?
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Jen wants to accumulate 400,000 at the end of 16 years. She deposits CX+10,000) into an investment account at the end of each of the first 8 years. She then deposits X into the same account at the end of each of the final 8 years. The interest rate on the account is a 6% nominal rate compounded annually. Find X 7. 8. Keri was offered a choice of two payment options to settle her claims in a car accident...
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