Week 2 Case Study Project Management At Dotcom Com
Posted By Admin @ Mar 02, 2022
Question No. 1
Rate 8%
Nper 5
PMT 1000
PV 5000
FV ($13,213.24)
Future value of annuity after 5 years 13213
Rate 8%
Nper 5
PMT 2000
PV 13213
($31,147.43)
Future value of annuity after 10 years 31147
Question No. 2
Rate 8% College Year Annual Tution Fee No. of Child Total Fee
0 12762.82 1 12762.81563
1 13400.96 1 13400.95641
2 14071.00 2 28142.00845
3 14774.55 2 29549.10888
4 15513.28 1 15513.28216
5 16288.95 1 16288.94627
Value of Tuition Fee in Beginning $95,244.09
Current Balance in Fund 50000
Annual deposit for next 5 years $3,712.15
Question No. 3
College cost at T 10 24433
College cost at T 11 25655
College cost at T 12 26938
College cost at T 13 28285
PV of all college costs at beginning of T 10 88947
FV of all deposits till T 4
PV 8000
PMT 3000
Nper 3
rate 12%
FV ($21,362.62)
Annual contribution from T=5 to T=10
PV 21362.62
FV 88947
N 6
rate 12
PMT ($256,351.71)