End of Period Deposit Withdrawal 0 $1,000 1 800 2 600 3 400 4 200 5 6 C 7 2C 8 3C 9 4C 10 5C Values are period 4 values. It is desired to compute the future worth of this quarterly deposit series at 12% compounded monthly. Please watch the following video, Sinking Fund Deposit Factor (4:42). (All answers are rounded to nearest dollars.) A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as o annuity o capital charge factor o perpet... 8. Let "A" be the amount of each uniform payment. The place where buyers and sellers come together. The payments (deposits) may be made weekly, monthly, quarterly, yearly, or at any other regular interval of time. Market; B. DEFINITIONS To finance the scholarships, you will make a series of equal deposits into a savings account. This FVA calculator also calculates the future value after a series of withdrawals. (b) F = $1,00O(F/A, 3%, 12). If a fixed sum is to be deposited or earned annually for "n" years, this factor will determine the present worth of those deposits or earnings. simple interest equal to the compounded interest during the year: Where. 8. Pages 6 This preview shows page 2 - 5 out of 6 pages. Find the indicated quantities. Question is ⇒ A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as, Options are ⇒ (A) perpetuity, (B) capital charge factor, (C) annuity, (D) future worth, (E) , Leave your comments or Download question paper. C. Annuity. At what rate of interest, compounded quarterly, will an investment double itself in 5 years? Assume that the account will earn an annual rate of 11.5%. The formula is derived, by induction, from the summation of the future values of every deposit. DEPOSITS. The d… A series of deposits in equal amounts from the 1st. The factor is used to calculate a uniform series of equal end-of-period payments, A, that are equivalent to a future sum F. Note that n is the number of time periods that equal series of payments occur. School University of Michigan; Course Title IOE 201; Type. (a) F = 4($1,00O)(F/A, 12%, 3). This feature enables the user to calculate the FVA for an existing investment. Which of the following equations is correct? Any help would be appreciated, I've been working on these problems for 4 hours and cant get anything. flashcards on Quizlet. The account earns 13% compounded continuously. Be the first to answer! Answer. A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as a) Perpetuity b) Capital charge factor c) Annuity d) Future worth Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments. Share to Twitter Share to Facebook Share to Pinterest. Excise Tax Act, sections 123, 137 and 182, subsections 168(1) and 168(9). 5,00,000. Uploaded By genevieve20. Choose the letter of the best answer in each questions. A series of equal quarterly deposits of $1,000 extends over a period of three years. A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as. This factor represents the present value or worth of a series of equal deposits over a period of time. Suppose that there is a series of "n" uniform payments, uniform in amount and uniformly spaced, such as a payment every year. C) $75 . A) $1,497 . Submit . 1 Approved Answer. A series of equal semi-annual payments of $1,000 for 3 years is equivalent to what present amount at an interest rate of 12%, compounded annually? (All answers are rounded to nearest dollars.) A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as in Tricky Chemical Engineering Plant Economics Objective Type Questions And Answers. a series of deposits in equal amounts from the 1st birthday through the 18th. What is the future worth of a series of equal year-end deposits of $2,000 for 15 years in a savings account that earns 8% annual interest if the following were true? Debt; C. Amortization; D. Deposit; 603. Aug 29 2014 11:49 AM. A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as o annuity o capital charge factor o perpetuity o future worth Ans: A. A market whereby there is only one buyer of an item for which there are no goods substitute. A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as. (b) All deposits are made at the beginning of each year? A series of deposits, each of value A and made at equal time intervals, earns an interest rate of i for the time interval. An annuity is a series of payments made at equal intervals. This is in contrast to an ordinary annuity, where a payment is made at the end of a period.) Students also viewed these Accounting questions . Continue Practice Exam Test Questions Part XV of the Series. If the investment is a new investment set the "Starting Amount (PV)" to 0. Which of the following values of C makes the deposit series equivalent to the withdrawal series at an interest rate of 12% compounded annually at the end of period 4? Consider the cash flow series given in the accompanying table. A. Monopsony; B. A series of equal payments (e.g., deposit or cost) made at equal intervals of time is known as 8. It is desired to compute the future worth of this quarterly deposit series at 12% compounded. 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