Customer Service Chat
Get quote & make Payment
Time value of money, Finance Basics
One of the projects the US loan would fund is to build earthquake-resistant buildings. The project will begin in March 2013, last for two years and is expected to have the following expenditures: start-up costs of $200,000 paid at the beginning of the first month; rental of equipment to be paid at the beginning of the month that will be $100,000 each month for the first year, but $50,000 each month for the second year;
material costs to be paid at the end of each month that will be $30,000; personnel costs of
$100,000 to be paid at the end of each month; and end-of-project clean-up costs of
$100,000 that will be paid at the end of the last month (February 2015). Suppose that with the fiscal cliff looming in March 2013, Secretary Kerry is only willing to allocate
$3,000,000 of the US loan at the start of the project due to this concern. These funds are put into an account that pays interest at a stated annual rate of 12 percent, compounded monthly. Calculate how much this project needs at the beginning of the second year that would be necessary to cover its expected expenditures.
Posted Date: 2/21/2013 5:38:14 PM | Location : Canada
Ask an Expert
Time value of money, Assignment Help, Ask Question on Time value of money, Get Answer, Expert's Help, Time value of money Discussions
Write discussion on Time value of money
Your posts are moderated
Write your message here..
What are the methods of underwriting, What are the Methods of Underwriting ...
What are the Methods of Underwriting An underwriting agreement may take any of the below three forms: (i) Standing behind the issue: Under this method, underwriter guarant
Methods of analyzing investment, Methods of Analyzing Investment Capit...
Methods of Analyzing Investment Capital Budgeting Methods There are two process of analyzing the viability of such investment as: a) Traditional process Pay
How capital budgeting decisions affect a company’s value, Give an example o...
Give an example of how capital budgeting decisions affect a company's value, strategy or operations. Companies always tend to look for capex projects which will add value to
FASB, FASB Assignment
Finance function, defect of traditional defect
defect of traditional defect
Importance of interest rates, Importance of Interest Rates These are o...
Importance of Interest Rates These are of a specifically relevance to a finance manager since: i) They measure the cost of borrowing. ii) Interest rates in a country influen
Timing of investment a stock exchange, Timing of Investment a Stock Exchang...
Timing of Investment a Stock Exchange The ideal way of creation profits on the stock exchange is to buy on the bottom of the market or lowest M.P.S and sell at the top of the
Traditional business of deposit taking and lending, Question 1: i) Disc...
Question 1: i) Discuss the main risks facing a retail bank in its traditional business of deposit taking and lending? ii) How can a bank manage the risks related to credit
Development banks and financial institutions, Development Banks and Financi...
Development Banks and Financial Institutions There are some sectors in the economy such may not secure adequate funds from commercial banks for different motives. a) May re
Collection policy, Collection Policy The firm's collection policy may ...
Collection Policy The firm's collection policy may affect also our study. The higher the cost of collecting accounts obtainable the lower the bad debt losses. Therefore the
Accounting Assignment Help
Economics Assignment Help
Finance Assignment Help
Statistics Assignment Help
Physics Assignment Help
Chemistry Assignment Help
Math Assignment Help
Biology Assignment Help
English Assignment Help
Management Assignment Help
Engineering Assignment Help
Programming Assignment Help
Computer Science Assignment Help
Why Us ?
~24x7 hrs Support
~Quality of Work
~Time on Delivery
~Privacy of Work
Human Resource Management
Literature Review Writing Help
Follow Us |
T & C
Copyright by ExpertsMind IT Educational Pvt. Ltd.