What is the accumlated sum of the stream of payments

Assignment Help Finance Basics
Reference no: EM131372926

Question

What is the accumlated Sum of the following stream of payments? $11,753 every year at the beginning of the year for 13 years, at 5.88 percent, compounded annually. Round the answer to two decimal places.

Reference no: EM131372926

Questions Cloud

Recent debate between john mackey : Watch the video of a recent debate between John Mackey, CEO of Whole Foods and John Roemer a Marxist economics professor from Yale.  (Marx was the father of communism) It is an hour long.  After watching the debate, explain each man's major points..
Research necessary information regarding healthcare issues : Research the necessary information regarding the healthcare issues and trends, assembling the information into the appropriate locations in a draft report.
Does the recently introduced -anti terror legislation : Does the recently introduced -Anti Terror legislation (Bill C51) violates Canada's Charter of Rights and Freedoms or places reasonable limits upon Canadians'?
Financial depository institutions in the sense : An argument that comes up from time to time is that credit unions have an advantage over other financial depository institutions in the sense that they are non-profit institutions and, therefore, are exempt from taxes on income that other private ..
What is the accumlated sum of the stream of payments : What is the accumlated Sum of the following stream of payments? $11,753 every year at the beginning of the year for 13 years, at 5.88 percent, compounded annually. Round the answer to two decimal places.
Dependent upon international channel members : Marketers can be very dependent upon international channel members for the success of their products overseas. Is this good or bad thing or perhaps both? Discuss the key undertakings that need to be addressed when moving a project from project phase ..
Fundamental value in the indefinite horizon : Same question as in part a, but where the dividend could take on one of three values, (0,6,12) with equal probability) What is different about the fundamental value in the indefinite horizon case as compared with the finite horizon case studied in ..
Discuss the advantages of compulsory income management : Discuss the advantages and disadvantages of compulsory income management and critically evaluate its effectiveness.With reference to the recommended readings, Discuss the advantages and disadvantages of compulsory income management and critically ..
How much money will be in account at the end of time period : You have decided to place $792 in equal deposits every month at the beginning of the month into a savings account earning 5.47 percent per year, compounded monthly for the next 4 years. How much money will be in the account at the end of that time ..

Reviews

Write a Review

Finance Basics Questions & Answers

  Annual income be to qualify for this mortgage

What must your annual income be to qualify for this mortgage?

  What are the four conditions of a reg d offering

What are the four conditions of a Reg D offering that are covered under Rule 502?

  Find earnings per share of common stock

Abc Corporation's net income last year was $550,000. The corporation has 150,000 shares of common stock and 50,000 shares of preferred stock outstanding.

  Mcelroy carousel horses is considering adding a new product

mcelroy carousel horses is considering adding a new product line that will require an initial investment of 407000 in

  Major trends in international business

How is international financial management different from domestic financial management and discuss the major trends that have prevailed in international business during the last two decades

  What is the npv of the project

What is the NPV of the project? Should the company make the purchase?

  Determining the dividend payout ratio

He implemented a dividend policy that increased the dividend payout ratio from 43 percent in the early 1920s to 91 percent in 1929. However, the dividend was held constant in 1930 and 1931, even as sales and earnings decreased. This led to a payou..

  It implements a money market hedge

a. Determine the amount of dollars that Narto Co. will receive at the end of 1 year if it implements a money market hedge.

  Take place to transfer of capital

How many ways take place to Transfer of capital? Can you please Elaborate on this and the difference between each way or method.

  Explain what beta represents in terms of asset pricing

If a stock has both diversifiable risk and nondiversifiable risk, which, if any, of these risks are considered in the pricing of the asset? In the context of the CAPM, what is the term represented by E(RM) - Rf?

  At expiration 3 months later the asset price is 5675 all

an investor purchases a call option with an exercise price of 55 for 2.60. the same investor sells a call on the same

  Lisa smith the treasurer of bank aaa has 100 million to

lisa smith the treasurer of bank aaa has 100 million to invest for one year. she has identified three alternative

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