Business, 11.02.2021 17:50, BrainzOli7408

Wiseman Video plans to make four annual deposits of $2,000 each to a special building fund. The fund’s assets will be invested in mortgage instruments expected to pay interest at 12% on the fund’s 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.) Determine how much will be accumulated in the fund on December 31, 2024 after four years, under each of the following situations. 1. The first $2,000 annual deposit is made at the end of each of the four years on December 31, 2021, and interest is compounded annually. 2. The first $2,000 annual deposit is made at the beginning of each of the four years on December 31, 2020, and interest is compounded annually. 3. The first $2,000 annual deposit is made at the beginning of each of the four years on December 31, 2020, and interest is compounded quarterly. 4. The first $2,000 annual deposit is made at the beginning of each of the four years on December 31, 2020, interest is compounded annually, and interest earned is withdrawn at the end of each year.

Answers: 2

Show answers

Other questions on the subject: Business

Business, 22.06.2019 07:30, kennaklein2

When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates

Answers: 1

continue

Business, 22.06.2019 11:30, wrivera32802

Leon and sara are arguing over when the best time is to degrease soup. leon says that it's easiest to degrease soup when it's boiling. sara says it's easiest to degrease soup when it's cold. who is correct? a. neither leon nor sara is correct. b. leon is correct. c. both leon and sara are correct. d. sara is correct. student b incorrect which following answer correct?

Answers: 1

continue

Business, 22.06.2019 12:10, destinycasillas

Profits from using currency options and futures. on july 2, the two-month futures rate of the mexican peso contained a 2 percent discount (unannualized). there was a call option on pesos with an exercise price that was equal to the spot rate. there was also a put option on pesos with an exercise price equal to the spot rate. the premium on each of these options was 3 percent of the spot rate at that time. on september 2, the option expired. go to the oanda. com website (or any site that has foreign exchange rate quotations) and determine the direct quote of the mexican peso. you exercised the option on this date if it was feasible to do so. a. what was your net profit per unit if you had purchased the call option? b. what was your net profit per unit if you had purchased the put option? c. what was your net profit per unit if you had purchased a futures contract on july 2 that had a settlement date of september 2? d. what was your net profit per unit if you sold a futures contract on july 2 that had a settlement date of september 2

Answers: 1

continue

Business, 22.06.2019 13:00, Killakyle4744

Amajor advantage of case studies is

Answers: 2

continue

Do you know the correct answer?

Wiseman Video plans to make four annual deposits of $2,000 each to a special building fund. The fund...