Computation of value of your savings

Assignment Help Finance Basics
Reference no: EM1312642

Computation of value of your savings

If you have $1000 and you plan to save it for 4 years with an interest rate of 10%, what is the future value of your savings?

a) $1464.00

b) $1000.00

c) $1331.00

d) Cannot be determined

Reference no: EM1312642

Questions Cloud

Evaluate the firms sustainable growth rate : Evaluate the firm's sustainable growth rate - find sustainable growth rate
True mean cost per call : What sample size must you take to be 96% confident that the results will be within $.75 of the true mean cost per call?
Confidence and estimated standard deviation : If the estimate is to be within 8 mpg of the true mean with 98% confidence and the estimated standard deviation is 22 mph, how large a sample size must be taken?
Calculating the resistance, current and potential difference : The diagram on the left below shows two resistors in series with an ideal battery, in the diagram on the right; a third resistor has been added in parallel with R2. Calculating the resistance, current and potential difference.
Computation of value of your savings : Computation of value of your savings and explain what is the future value of your savings
Determining the null and alternate hypothesis : A professor of math refutes the claim that the average student spends 3 hours studying for the midterm exam. Which hypothesis is used to test the claim?
Computation of revenue on hedging of an investment : Computation of revenue on hedging of an investment and it must decide whether to use options or a money market hedge to hedge this position
Testing the claim using single mean z test : Does this sample indicate a smaller average? Use α = 0.05 and assume a normally distributed population.
Evaluate the cost of goods sold using the current : Evaluate the cost of goods sold using the current, Acid test ratio and current liabilities and evaluate the owner's equity.

Reviews

Write a Review

 

Finance Basics Questions & Answers

  Computed of future value of a bond and preferred stock

Computed of Future value of a bond and discussion on preferred stock, risk free rate, Beta, NPV, cost of debt,IRR.

  Computation of dividend paid on common stock

Computation of Dividend paid on common stock under non-cumulative & cumulative schemes. Compute the dividends paid to each class of stock in each of those years assuming the preferred stock is non-cumulative. Use the matrix format listed be..

  Journalize nhs''s issuance of the bonds

NHS Co. issued $350,000 of 10-year bonds payable on January 1. NHS pays interest each January 1 and July 1 and amortizes any discount or premium by the straight-line method. NHS issued the bonds at a price of $430,000 when the market rate was belo..

  Computation of maximum sustainable growth rate

Computation of maximum sustainable growth rate and what should its maximum sustainable growth rate be

  Computation of hpr listed price of a bond and value

Computation of HPR listed price of a bond and value of put option and You put up $50 at the beginning of the year for an investment

  Find out the present value of given each petuities

Find out the present value of given each petuities. Each petuity with $1000 annual payment discounted.

  A report on financial accounting

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

  Calculation of multiple cash flows for a year

Calculation of multiple cash flows for a year and the amount of the annuity shown below is the amount of each individual cash flow

  Determining firm-s quality initiatives

Do you believe this firm’s quality initiatives have been successful? Make sure to give explanation for your opinion with specific information.

  Objective type questions on bond valuation

Objective type questions on bond valuation and Which of the following would be most likely to increase the coupon rate that is required to enable a bond to be issued at par

  Creating balance sheet using mark-to-market method

Applying the Mark-to-market method, what will Novi Company show on its balance sheet at the end of 2006 to reflect its investment in Troy Company?

  Case analysis on how to expenditure the advanced payments

Case Analysis on how to expenditure the advanced payments for convention related loss against budgets

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