a a company borrowed 150000 the company plans to set up a sinking fund
(A) A company borrowed $ 150,000. The company plans to set up a sinking fund that will payback the loan at the end of 10 years. Assuming a rate of 8% compounded semiannually, find the Sinking Fund of the ordinary annuity.(7 points) (B) An employee decided to invest $ 2,500 quarterly for eight years in an ordinary annuity at(7 points)20%. What is the total cash value of the annuity at end of year 8? (C) What must YOU invest today to receive an annuity of $ 12,600 for 12 years compounded at8% quarterly when all withdrawals will be made at the end of each period? (6 points)
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