₹ 4,137.

53
per annum( nominal rate 12%

months CFs
₹ 13,819.09 0 1000
1 500
2 500
3 500
4 500
5 500
6 500

PV = ? ₹ 2,897.74

FV=? ₹ 3,076.01

no 11) PV-Kangaroo
Upfront payment 1000
EMI@300 for 30 months ₹ 7,934.11 ₹ 8,934.11
PV-Turtle 9000

no 19) per period deposit 1040

t= 40
r 10%
g 4%
PV now = 15494.6444322558
FV at t=40 701276
 Periodic rate ( monthly) 1%

FV
1061.5201506
525.50502505
520.302005 no 10) r= 1.50%
515.1505 t= ?
510.05 PV= 1000
505 pmt= 20
500
₹ 4,137.53 t 93.11105
T in yrs 7.76

no 12) FV-1 in bond account ₹ 365,991.30 at t=360

FV-2 in stock account ₹ 2,096,978.48 at t=360
Accumulated FV at t=360 ₹ 2,462,969.78 =PV to be used for withdrawals over next 300 months @

Withdrawal amount per month= ₹ 20,669.15

withdrawals possible if he wants to

leave an inheritence of 1000,000
for his son ₹ 19,777.19
s over next 300 months @9% per annum