What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a first withdrawal of $20458 is made at the end of year 11, and subsequent withdrawals increase at the rate of 10% per year over the previous year's, if the interest rate is 10%, compounded annually?
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- How much money will you have in seven yearsif you deposit $7,000 in the bank at 8.5% interestcompounded daily?How much would you have to deposit now. so that you can withdraw of $10000 starting at the end of year 5 , and subsequent Withdrawals will decrease a rate of of 10% semiannual year over the previous year's until at the end of year 8 , if the interest rate is 676. compounded semi-annually? Note: Draw the cosh flow diagram and use interest rate with five decimal places. Box your final answer and upload the picture of your solution.5. How much would you have to deposit now, so that you can withdraw of $10000 starting at the end of year 5, and subsequent withdrawals will decrease a rate of of 10% semiannual year over the previous year's until at the end of year 8, if the interest rate is 6%, compounded semi-annually? Draw the cash flow diagram and use interest rate with five decimal places. DONT USE EXCEL. USE MANUAL SOLVING
- Show complete solution (please write eligibly) What is the amount of 10 equal annual deposits starting 1 year from now, that can provide five annual withdrawals, when a first withdrawal of $2902 is made at the end of year 11, and subsequent withdrawals increase of $502 per year over the previous year’s, if the interest rate is 8%, compounded quarterly? Round off interest rate to five decimal places Round your answer to 2 decimal places. Use any of the following formula to solve the problem1. What is the Single Payment Compound Amount factor for an interest rate of 2% over 10 years? 2. What is the Uniform Gradient Future Worth factor for an interest rate of 10% over 10 years? 3. What is the Uniform Series Present Worth factor for an interest rate of 5.5% over 20 years? 4. A bank pays 3% interest per year (compounded annually). a. To what amount will a $5,000 deposit grow if left in the bank for 10 years? b. Draw the Cash Flow Diagram for this problem.7. What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a first withdrawal of $29263 is made at the end of year 11, and subsequent withdrawals increase at the rate of 10% per year over the previous year's, if the interest rate is 10%, compounded annually? Draw the cash flow diagram and use interest rate with five decimal places.
- please help me answer this correctly with complete solution thank you! How much should you deposit in an account5% interest semi-annually if you want to have $25,000after 10 years?Show complete solution (please write eligibly) What is the amount of 10 equal annual deposits starting 1 year from now, that can provide five annual withdrawals, when a first withdrawal of $2902 is made at the end of year 11, and subsequent withdrawals increase of $502 per year over the previous year’s, if the interest rate is 8%, compounded quarterly? Round off interest rate to five decimal places Round your answer to 2 decimal places.Cash Flow is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which $1000 is to be paid out a year from today with the interest rate equal to 5% is $. (Round your response to the neareast two decimal place) Part 3 If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 7% interest rate, the present value of the loan is $. (Round your response to the neareast two decimal place)
- Cash Flow is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which $1000 is to be paid out a year from today with the interest rate equal to 5% is $.(Round your response to the neareast two decimal place) Part 3 If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 7%interest rate, the present value of the loan is $.(Round your response to the neareast two decimal place)Engg economy: Solve the following problems. Draw the cash flow diagram for each problem and use the interest rate with five decimal places. Box your final answer and upload the picture of your complete solution. 1. What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a first withdrawal of $10,000 is made at the end of year 11, and subsequent withdrawals increase at the rate of 10% per year over the previous year’s, if a. the interest rate is 8%, compounded annually? b. The interest rate is 10%, compounded annually?Liz plans to deposit $10,000 in the bank now and another $5,000 two years from now. If she plans to withdraw $8,000 three years after her last deposit, what will be the amount of money left in the bank after two years of her withdrawal? Use a 10% interest rate. MANUAL CALCULATION AND CASH FLOW DIAGRAM