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Compute the missing variable for each of the following alternatives of investments to accumulate $1,000,000....

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Question

Accounting

Compute the missing variable for each of the following alternatives of investments to accumulate $1,000,000. for 25 years @ 5% annual interest rate:

Following are appropriate factors from tables:

Table

% / n

Present Value of annuity due $1

Present Value of ordinary annuity of $1

Present value of $1

Future Value of ordinary annuity of $1

5%/25

14.79864

14.09394

.29530

47.72710

Required Computations: One single deposit of $ ???????? for 25 years.

$ ???????? invested annually at the end of the year.

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