Question 1194197
answers to your questions are below:


a. How many regular deposits are needed?
there would be 22 regular deposits of 40,000 each.


b. How much is in the fund at the end of 4 years?
4*4 = 16 quarters.
the amount of money in the fund at the end of 4 years (16 quarters) is equal to $872,981.25.


c. What is the interest earned at the end of 5 years?
5*4 = 20 quarters.
interest earned at the end of 5 years (20 quarters0) is equal to $391,123.14.


d. What is the increase in the fund on the 12th deposit?
after the 12th deposit, the increase in the fund is equal to $601,032.22 minus $539,454.06 = $61,578.16.
this increase is interest earned of $21,578.16 plus the normal deposit of $40,000.


e. What additional deposit should be made after the last regular
deposit is made?
the additional deposit that should be made after the last regular deposit of 40,000 is equal to $54,796.75.


f. Construct a sinking fund schedule.
sinking fund schedule is shown below.
<img src = "http://theo.x10hosting.com/2022/051602.jpg" >


let me know if you have any questions.
theo