Business Management Mathematics - Management Assignment Help

Assignment Task

ASSIGNMENT QUESTIONS

1.Johnny would like to receive an annuity of RM5,500 semiannually for 10 years after she retires. He will retire in 20 years. Money is worth 7%, compounded semiannually.
a) Calculate the amount of money Johnny would have when he retires in order to finance this annuity.
b) Determine the single deposit made now that would provide the funds for the annuity.
c) Compute the amount that Johnny will actually receive in payments from the annuity.
d) Compute the interest that the single deposit earns before the annuity ends.
2. Jason needs to do 18 payments for an investment. The tenth payment divided by the seventh payment equals to 8. If the last payment is RM655,360, and the common ratio is positive, compute the:

a) common ratio,
b) first payment,
c) sum of all the payment.
 

This Management Assignment has been solved by our Management Experts at Exam Question Bank. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.
    

Be it a used or new solution, the quality of the work submitted by our assignment Experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.