An inheritance of R400 000 will provide how much at the end of each year for the next 20 years, if money is worth 7% p.a. compounded annually?

If 1288 is deposited yearly The Final Amount is:
34,399.33 USD

If 1288 is deposited only once The Final Amount is:
3,321.15 USD

James Street will have to deposit $5910 dollars each year, for eight years, into that "planning" account. Compounded annually, it will be just enough to cover the four amounts to be withdrawn from the account on years 7($18,000), 8($19,000), 9($20,000) and 10($21,000) of the account. Comes down to about $9 left in the account upon the last withdrawal.

Ali decides to invest a certain sum of money in business at the end of each year in the form of an annuity. He wants to get a sum of Rs.40, 000 after 20 years. If the payments accumulate at expected profit of 8% compound annually, how much should he start investing annually?

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Ali decides to invest a certain sum of money in business atthe end of each year in the form of an annuity. He wants to get a sum of Rs.40,000 after 20 years. If the payments accumulate at expected profit of 8%compound annually, how much should he start investing annually?

Ali decides to invest a certain sum of money in business atthe end of each year in the form of an annuity. He wants to get a sum of Rs.40,000 after 20 years. If the payments accumulate at expected profit of 8%compound annually, how much should he start investing annually?

Ali decides to invest a certain sum of money in business atthe end of each year in the form of an annuity. He wants to get a sum of Rs.40,000 after 20 years. If the payments accumulate at expected profit of 8%compound annually, how much should he start investing annually?

Ali decides to invest a certain sum of money in business atthe end of each year in the form of an annuity. He wants to get a sum of Rs.40,000 after 20 years. If the payments accumulate at expected profit of 8%compound annually, how much should he start investing annually?

Ali decides to invest a certain sum of money in business at the end of each year in the form of an annuity. He wants to get a sum of Rs.40, 000 after 20 years. If the payments accumulate at expected profit of 8% compound annually, how much should he start investing annually?