erHomework.aspx2homeworkld-445612571&questionld-3;&flushed-false;&cld-46768128ce

Question

erHomework.aspx2homeworkld-445612571&questionld-3;&flushed-false;&cld-46768128centerwin; Compound Sinking Cepltal Amount Present Amount Presant Fund Factor Worth FactorFactor Worth Factor Factor Fector Glven P Given F To Find F To Find P To Find F To Flind P To FlndA To Find A 1.0050 960 1.0075 09925 1.0100 2.0025190250.4994 0.501 3.0075 298610.3325 0.3350 3751 02401 09901 0.9876 0.9651 50251 49627-01900-_-02015 6.0376-594780.1656-0.1601 1.0176 09627 1.0202 0.9802 02270.9778 0253 0.9753 1.0278 09729 03040.9706 10330 80704 7.9107 0.12390.1264 10.1133ome 00989 01014 11138510.83680.08980.0923 12.166418073 0.0822 0.0847 0 0783 4.22981374100.0703 0.0728 _ - 13.1968 1 0.0758 .0336 0.9656 0382 1.04080.9608 0434 1.0460 0.9561 10486 0.9537 0512 0.9513 1.0538 09489 1.0565 05910 9442 06180.9418 0.9632 16.3035 -15.0650 17.3443 16.6235 18.3876 17.57960.0544 Q0013_00638 0.9584 0 0669 0.0540 204822194845 00488 00513 21.5334 20433400404 0.0489 22.5872 21.3000 0.0443 00468 23.6437 22.3241 004230 0448 24.7028 23.26600.04050.0430 25.7646 24.2056 0.0388 0.0413 31.1133-2. 8679- aa21 00346 0 0291 42.0132 38 01990.023800263 50 9312 45 1787 0.01960.0221 18.5332 0.0515 09466 10778 09410.9140 37 8206 34.3865 0.0265 1.10500.9050 1.1616 0.8609 93 3419 75 68130 01270.0132 .77901134500 88 3825 .c088 00113 23340.8108 17 57950054 52

Explanation / Answer

$ 500 per month can be withdrawn for five years (60 months) .

So the amount should be available after 6 years = 500 * 55.6524 = $ 27826.2

amount at llast month of 5 years =500

from table for 60 month uniform present worth factor is 55.6524

presen value = 27826.2* 0.8355

here future value is 27826.2

for 72 months present worth factor 0.8355

present value must be $ 23248.79

Related Questions

Navigate

• Browse (All)
• Browse E
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.