Question: 4G : iCloud > 18 4: Question 4: (20 points) A company borrowed $ 150,000. The (A) company plans to set up a sinking fund
4G : iCloud > 18 4: Question 4: (20 points) A company borrowed $ 150,000. The (A) company plans to set up a sinking fund that will pay back the loan at the end of 10 years. Assuming a rate of 8% compounded semiannually, find the Sinking Fund of the ordinary annuity. (7 points) An employee decided to invest $ 2,500 (B) quarterly for eight years in an ordinary annuity at 20%. What is the total cash value of the annuity at end of year 8? (7 points) What must YOU invest today to receive an (C) annuity of S 12,600 for 12 years compounded at 8% quarterly when all withdrawals will be made at the end of each period? (6 points)
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