About the total cost of college

Assignment Help Financial Management

Reference no: EM13871242

You figure that the total cost of college will be $100,000 per year 18 years from today. If your discount rate is 8% compounded annually, what is the present value today of four years of college costs starting 18 years from today? (Round to the nearest dollar)

Reference no: EM13871242

Questions Cloud

Which will bill the gef for services rendered : Accounting for the GEF will be done by the city, existing accounting department (a General Fund department) which will bill the GEF for services rendered at the end of the year. To help the GEF get on its feet financially, no interfund payables wi..

Reaction of n,n-diethylethanamide and diisobutylaluminum : Draw the final products in the reaction of N,N-diethylethanamide and diisobutylaluminum hydride Please look at the picture I tried to provide. I have to connect and disconnect atoms to make the final product. Please indicate what needs to go where an..

Forecast sales revenues and purchases : Worldwide company has forecast sales revenues and purchases for the last 5 months of 20xx to be As follows. Sixty five percent of sales are on credit. On the basis of past experience, 50% of the accounts receivable is collected the month after the sa..

Preferred stock-what is the value of the stock : A company is issuing preferred stock that will pay a 4% dividend but will not pay the first dividend until 6 years from now. If the required return is 8%, what is the value of the stock today? Assume a par value of $100.

About the total cost of college : You figure that the total cost of college will be $100,000 per year 18 years from today. If your discount rate is 8% compounded annually, what is the present value today of four years of college costs starting 18 years from today? (Round to the neare..

Journal entries to record transactions for nova corporation : Nova Corporation hired a new product manager and agreed to provide her a $ 20,000 relocation loan on a six-month, 7 percent note. Prepare journal entries to record the following transactions for Nova Corporation. Rather than use letters to reference ..

Effect on relative costs at higher levels of volume : Assuming the assets increased by $25,000 during the year and liabilities amounted to $75,000 and $65,000 at the beginning and end of the year, respectively, calculate revenues for the year assuming the following additional information

Dividend is not expected to grow in the future : The current stock price of Largent, Inc., is $44.12. If the required rate of return is 18 percent, what is the dividend paid by this firm if the dividend is not expected to grow in the future?

Interest rates on one year t-bonds yield : Today, interest rates on 1-year T-bonds yield 1.4%, interest rates on 2-year T-bonds yield 2.1%, and interest rates on 3-year T-bonds yield 3.5%. a. If the pure expectations theory is correct, what is the yield on 1-year T-bonds one year from now? Be..

User Account

All Pages