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  3. a company must pay a $307,000 settlement in 4 year

A company must pay a $307,000 settlement in 4 years (a) What amount must be...

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Finance

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A company must pay a $307,000 settlement in 4 years (a) What amount must be deposited now at 5% compounded semiannually to have enough money for the settlement? (b) How much interest will be earmed? (c) Suppose the company can deposit only $200,000 now. How much more will be needed in 4 years? (d) Suppose the company can deposit $200,000 now in an account that pays interest continuously What interest rate would they need to accumulate the entire $307,000 in 4 years? (a) The amount that must be deposited is S (Do not round until the final answer Then round to the nearest hundredth as needed) (bj The amount of interest earned will be s (Do not round until the final answer Then round to the nearest hundredth as needed) (c) The additional amount neoded in 4 years will be s (Do not round unta the final answer Then round to the nearest hundredth as needed) (d) The company will need an interest rate of (Do not round until the final answer Then round to the nearest hundredth as needed)

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