Question

questions 5 and 6 plz ???

5. Suppose instead of the plan in Q#4 that you decide to start your deposits on her date of birth but you increase them by $100 every year until the final deposit on her 18th birthday. What is the value of her first deposit? a) 494 b) 514 c) 534 d) 554 6. Suppose instead of the plan in Q#5 that you decide to start your deposits on her 6th birthday. On her 6th birthday you deposit X and you increase X by 6% each year until your final deposit on her 18th birthday. Find X. a) 1803 b) 1823 c) 1843 d) 1863

please use those types of calculations.

i was trying but not finding an ans;

questions 1-4 already answered

only question 5 and 6. G value is 100$!

Answer 1

$118960 in hes doughles. ţ = 18, theis pesents Das) ine they need aclount Lonkibution of = $5s५৪० 118960 and ingeased they glest investing from tzo every yeas un til shown below. キニ18 it bet $ too so its キっ7 ヤ tンレ ヤこの A t1800 Arioo AF200 A #700 cash How $ 59480 Fv of all the above (A+1 700) xla!! Ax i.'s + (A+l00) x lo1"+(4+2oole lol'6 + X 1.1 --- + A +1800 O8463= A (1.118+101* + Lilat . + Ioo x 1-1'7 + +1.1 +1) 2 59450 1700x1.1..+1800 32159.09 19) + 32159.09.2 59480 A(F/A, 10%. ,19) 2$273200,9) - $534.04 A(F/A, 10%, a $534 (Answe c) Scanned with CS CamScanner

Q 6 Now, they etart in vesling Hom hes birthday by x amount and inceeased X by 6% each lash How is as below: wti until t=18. year 17 X. 1.06X lo063x 1.06x EV of all the above cash How = $ 59480. x (1.06)*x 1.s'°t X (1.06)! x leL +x(1.0612) 1st tee mae xlel'2 ratiol1)= 1.06 2 n213. XXle2 + x(Q. 06)x 1.1"+ 59480 = fo, GP with a(8^-1) Sum of GPz X 1.112 Teo613 t.06-1 tot x 32.9836. 1803.32 * 1803 59480. 2/(Arowena] (Andwer A) Scanned with CS CamScanner