User Account

All Pages

Calculate the future value

Assignment Help Finance Basics
Reference no: EM133060729

1) Calculate the future value of $130,000 in 40 weeks at a 5% annual interest rate.

2) Suppose you win a $300 million jackpot in a lottery, which promises to pay you $20 million per year for the next 15 years. Assume the current interest rate is 4% and you receive the first payment immediately. How much is this jackpot worth in today's dollars? In other words, calculate the present value of your winnings.

3) You are ready to buy your first house. Suppose you borrow $300,000 from a bank. The loan is to be repaid in 30 years, and the annual interest rate is 3.5%. Calculate your monthly mortgage payment.

Reference no: EM133060729

Questions Cloud

Prepare report for R B Patel board whether offer justified : The board of R B Patel is not convinced with the offer price and seeks your advice. Prepare a report for the R B Patel board whether offer price is justified
Determine the market value of the patent : If you used the adjusted tangible book value method to value AFC, how would you determine the market value of the patent?
Prepare journal entries relating to the stock option plan : Prepare journal entries relating to the stock option plan for the years 2021, 2022, and 2023. Assume that employee performs services equally in 2022 and 2023
What you would do in this scenario and why : What you would do in this scenario and why? Write a short essay of no more than 300 words to explain and argue your position in this matter.
Calculate the future value : 1) Calculate the future value of $130,000 in 40 weeks at a 5% annual interest rate.
Design and implement an authentication component : Design and implement an authentication component on the phone so that no one but the owner can unlock the phone.
Find an insurance policy : You find an insurance policy where you can pay $200 at the beginning of every month for 12 months or $2360 upfront.
Interpersonal communication : What could improve that verbal communication within that situation? Do these two statements contradict or correlate to each other?
Differences between academic journals vs newspapers : Differences between the main functions of the editor of an academic journal and that of a newspaper or a magazine

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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