Question: I need help for this question , And Plz ***Draw The Cashflow*** 7. An engineer who is saving for her retirement plans to deposit $500

I need help for this question , And Plz ***Draw The Cashflow*** I need help for this question , And Plz ***Draw The Cashflow***

7. An engineer who is saving for her retirement plans to deposit $500 every semiannually, starting one quarter from now, into an investment account. If the account pays interest at 12% per year, compounded quarterly, the total she will have at the end of 25 years is closest to: (Draw the Cashflow) (a) $50,000 (b)$56,400 (c) $79,700 (d) $112,800

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

FS 101 - Final Lab Report Rubric On a sunny, warm, Sunday evening, when daylight still had a few more hours in the sky, Lynette Saunders arrived at her employer's house around 7PM to walk Mr. and...

Q:

6. Compute the present worth (P) for the cash flows with the different periodic interest rates specified. The cash flows occur at the end of each year over six years. (Ans.S2140) $1.000 $1.000 $1.000...

Q:

6. Compute the present worth (P) for the cash flows with the different periodic interest rates specified. The cash flows occur at the end of each year over six years. (Ans.S2140) $1.000 $1.000 $1.000...

Q:

forget about picture 1 ( says q1 q2 ...q5) Q1 Q2 wheem were Q3 w Q4 . There Q5 www.me www reyna breyta A cabinet manufacturer wants to calculate the equivalent uniform annual cost associated with a...

Q:

A cabinet manufacturer wants to calculate the equivalent uniform annual cost associated with a machine it plans to purchase today and to operate for five years. The following costs have been...

Q:

Problem set for Engineering Economy Show your solutions. For an interest rate of 15% per year, compounded continuously, calculate the effective monthly and annual interest rates. An investor requires...

Q:

1. Solve the following unknown variable. (a) n = 300 i = 0.015 PMT = $400 F V = ? (b) P V due = $20, 000 i = 0.0075 PMT = $300 n = ? (c) n = 50 i = 0.0125 F V due = $10, 000 PMT = ? 2. Describe the...

Q:

10. 3.64 An engineer who is saving for retirement plans to deposit $500 every quarter into an investment portfolio, starting one quarter from now. The portfolio should return 6% per year compounded...

Q:

An engineer who is saving for her retirement plans to deposit $500 every quarter, starting one quarter from now. into an investment account. If the account pays interest at 6% per year, compounded...

Q:

An engineer who is saving for her retirement plans to deposit $500 every quarter, starting one quarter from now, into an investment account. If the account pays interest at 6% per year, compounded...

Q:

9 For the independent projects/alternatives shown below, the ones that should NOT be selected are Alternative PW, $ - 25,000 - 12,000 10,000 15.000 C and B. o C and D.b D and A. A and B. 10 An...

Q:

On November 1, 2009, Olympic Company adopted a share-option plan that granted options to key executives to purchase 40,000 shares of the companys $10 par value ordinary shares. The options were...

Q:

1. Recall that the transpose of a 2-by-2 matrix A = (ad) is the matrix At = - (8 %). Recall that any matrix that is equal to its transpose is said to be symmetric. Let W be the subspace a of V = M2x2...

Q:

describe the 5 suorces of information gatehred to assess fraud risk

Q:

please answer carefully [The following information applies to the questions displayed below) The stockholders' equity of TVX Company at the beginning of the day on February 5 follows Common stock-$20...