Find the accumulated amount of the annuity

Assignment Help Finance Basics
Reference no: EM13789801

The following describes the conditions of an ordinary annuity, with interest compounded with each payment and payments made at the end of the compounding period. Find the accumulated amount of the annuity. $1000 monthly payments at 7.9% for 10 years

Reference no: EM13789801

Questions Cloud

Would you use geometric progression : An asset's value was $1,439 7 days ago. If the asset's value has uniformly increased and its value today is $1,522, what was its value 2 days ago? would you use geometric progression?
The relationship between level of training and implicit bias : . The relationship between level of training, implicit bias, and multicultural competency among counselor trainees.
Psychosocial issues in huntington''s disease : The cognitive and behavioral changes for affected individuals may make it more difficult for them to cope.
Determine the issue that is being discussed : Determine the issue that is being discussed and the conclusion that is drawn on that issue. Explain the reasons that are given for that conclusion in the example that you identify.
Find the accumulated amount of the annuity : The following describes the conditions of an ordinary annuity, with interest compounded with each payment and payments made at the end of the compounding period. Find the accumulated amount of the annuity. $1000 monthly payments at 7.9% for 10 yea..
Explain organization''s structure and workforce diversity : Analyze your organization in its present form. Explain your organization's structure, workforce diversity, market/customer diversity, and communications technology.
Determine the most prudent investment : A startup landscaping company has to determine the most prudent investment in new trucks and mowers. They narrow their choice to two sets. Which set will be better given that money is worth 7.25%?
Risk effect insurance companies and businesses : How does uncertainty and risk effect insurance companies, businesses, and the employed and unemployed people of the country?
Calculate the mean stress in a fatigue test : Calculate the mean stress in a fatigue test with a stress amplitude of 180 MPa and an R ratio of 0.1.

Reviews

Write a Review

Finance Basics Questions & Answers

  Growth-innovation-sustainability and succession

Identify within the scenario the information necessary to complete the template. Once completed, the student must analyze the findings to determine which strategy aligns best with the owner's goals for succession planning and sustainability.

  How do you measure a health care leaders success

rs of the most accomplished and admired healthcare practices rarely achieve their success accidentally. The most successful healthcare leaders know that the practice of healthcare is more than simply a calling.

  Show the whole analysis

Their net income is taxed at a 31% rate. Do a cash flow analysis, show the whole analysis, and recommend whether the new machine should be bought now or in 3 years when the old press must be replaced. Project WACC is 9.5%. Provide NPV, IRR, MIRR &..

  Find the divisions total costs

Texas Products Inc has a division which makes burlap bags for the citrus industry. The unit has operating fixed expenses of $12,000 per month, and it must sell 42,000 bags per month at $2.50 to break even.

  What is the annual percentage rate apr if interest is paid

annual percentage rate apr. suppose that a company borrows 20000 for 1 year at a stated rate of interest of 9 percent.

  What equivalent amount would the company afford

If the cost now would be 1.9 million, what equivalent amount would the company afford to spend in 3 years? The interest rate is 15% per year.

  An accident victim has received a structured settlement

An accident victim has received a structured settlement

  1 percent for debt preferred stock and common stock

capital co. has a capital structure based on current market values that consists of 45 percent debt 17 percent

  Suppose a firm has net income of 50 dividends of 15 assets

suppose a firm has net income of 50 dividends of 15 assets of 1200 and a debt-equity ratio of 3.5. what is the

  Mark twains visa balance is 112440 he may pay it off in 18

mark twains visa balance is 1124.40. he may pay it off in 18 equal end-of-month payments of 75 each. what interest

  Three firms have marginal costs of pollution abatement as

1. disney land discovers that they have two groups of customers with two different demand curves. locals have demand p

  Calculate earnings per share

Calculate earnings per share, EPS, under each of the three economic scenarios before any debt is issued.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd