Accumulated value of fund immediately

Assignment Help Finance Basics
Reference no: EM131041185

Mrs.Tong makes semi-annual deposits into a fund earning interest at j2 =8%p.a. Her first deposit is $2500 and each succeeding deposit is 6% higher than preceding deposit. What is the accumulated value of her fund immediately after her 15th deposit?

Reference no: EM131041185

Previous Q& A

  Shares of alligator common stock

The Alligator Lock Company is planning a two-for-one stock split. You own 5,000 shares of Alligator's common stock that is currently selling for $120 a share. What is the value of your Alligator stock now, and what will it be after the split?

  How each function is important in the assimilation process

The employment interview is an important tool in the business world today. Describe the three basic functions that the employment interview serves and how each function is important in the assimilation process.

  Purchase of a new machine costing

Firm is contemplating the purchase of a new machine costing $570,000. The machine will be depreciated straight line to zero over its five-year life.

  Determining the effective interest rate

The insurance company will pay out the proceeds of this policy to you in 10 equal payments, where the first payment to be made one year after the policy matures. If the effective interest rate remains at 8.16 percent, how much will you receive dur..

  Total real rate of return on investment

Suppose you bought a 4.6% annually coupon bond one year ago for $930. The bond sells for $955 today. A) assuming $1000 face value, what was your total dollar return in this investment over the past year

  Detailed explanation of proposed solution

Description of current problem, issue, or deficit requiring a change. Hint: If you are proposing a change in current policy, process, or procedure(s) when delivering patient care, describe first the current policy, process, or procedure as a basel..

  Shares of the sugarcooky corp

Randal Flapjack is a retired short-order cook living on a fixed income in the state of Utopia where all financial markets are perfectly efficient. Randal has 20,000 shares of the Sugarcooky Corp.,which pays an annualized dividend of $1.00 per shar..

  Net federal estate tax payable

If the amount is over $1,500,000 but not over $2,000,000 the tentative tax is then $555,800 plus 45% of the excess of such amount over $1,500,000. Based on these facts, the net federal estate tax payable is

  What is your process for assessing the risks

You have scheduled a risk assessment meeting for later this week. Create a pre read document for the meeting participants that will walk them through how you will run the meeting and what they should prepare in advance.

  What is the annual dividend

a) What is the annual dividend? b) What was the closing price for this stock that appeared in yesterdays paper  c) If the company currently has 19 million shares of stock outstanding what was net income for the most recent four quarters?


Write a Review


Similar Q& A

  Which eps figure would you consider relevant to investment

The company reports 2014 earnings per share of $6.50 on income before extraordinary items and $4.75 on net income. Which EPS figure would you consider more relevant to your investment decision? Why?

  Discuss the advantages and disadvantages of payback period

discuss the advantages and disadvantages of payback period npv and irr. if you are a project manager which capital

  Importance of maximizing shareholders wealth

Discuss and explain the importance of maximizing shareholders wealth. Why does finance regard share value maximization as the primary corporate objective?

  Business organizational forms subjects

1. Which of the following business organizational forms subjects the owner(s) to unlimited liability?

  Compute the after tax cost of the leases for the four years

Assume a tax rate of 35%. The other alternative is to sign two operating leases, one with payments of $2600 for the first 2 years, and the other with payments of $4600 for the last two years.

  Computation of yield to maturity using the given data

Computation of Yield to Maturity using the given data and they have a 15-year maturity, an annual coupon of $95

  Compute the value of this stock price in five years

Compute the value of this stock price in five years. (Do not round intermediate calculations and round your final answer to 2 decimal places.)

  Calculation of return on investment and residual income

Calculation of return on investment and residual income and Calculate the missing amounts for each division

  Purchasing products of firm

Discuss three situations in which you would not purchase the products of the firm even though it is very socially responsible.

  Gould corporation began operations on january 1 2012

gould corporation began operations on january 1 2012. the following information is available for gould corporation on

  Evaluate the following statement from an analysis viewpoint

evaluate the following statement from an analysis viewpoint a parent company is not responsible for the liabilities of

  Current price of builtrite common stock

Builtrite Furniture just paid an annual dividend of $2.75 last week and investors' believe that dividends will continue to grow at a 7% rate into the future. The current price of Builtrite's common stock is $72. What return do investors' require o..

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