For example, Mr. Amir will invest his money in an institution Finance using the annuity system. Mr Amir started make pay
Posted: Mon Apr 11, 2022 6:01 am
- For Example Mr Amir Will Invest His Money In An Institution Finance Using The Annuity System Mr Amir Started Make Pay 1 (245.13 KiB) Viewed 31 times
a. Accumulated values at 7 December 2019
b. Present values at 7 January 2018
c. Current values at 10 August 2019
For example, Mr. Amir will invest his money in an institution Finance using the annuity system. Mr Amir started make payments 5 months after the agreement with the parties Financial Institutions, where the agreement was made on January 7 2018. In the 5th month or on May 7 2018, Mr. Amir did payment of $200. Payments are made regularly every month in increments of $20 in monthly payments. This payment is made until December 7, 2018. 16:1*15 114 113 112 111 110 1918 17:16:1:51:4:13:12:11:1 For several months, Mr. Amir did not make payments. Then Mr. Amir made another payment on April 7th 2019, with a payout of $900. Payment continues until December 7, 2019, where for every month the payout decreased by $10. When Mr. Amir does withdrawal of $300 on February 7, 2019 and did withdrawal also on August 7 2019, and with interest rate nominal 10% p-a convertible quarterly, determine: