Compute of future value of an asset

Reference no: EM1310445

Compute of future value of an asset.

Kay and Arthur are newlyweds and have just purchased a condominium for $70,000. Since the condo is very small, they hope to move into a single Family house in 5 years. How much will their condo worth in 5 years if inflation is expected to be 8 percent?

Reference no: EM1310445

Questions Cloud

Application showing sizes of two files and their ratio : Build a file which consists of your favourite movie quote. Make a use of a text editor like Notepad and save file as Quote.txt. Copy contents of the file and paste them into the word-processing program like Word. Save file as Quote.doc. Write down..

Process of action potential conduction and neurotransmission : Explain the process of action potential conduction and neurotransmission from one neuron to another

Before-tax rate domestic bond pay to give after-tax return : If 9% after-tax is investor's required return, what before-tax rate would domestic bond require to pay to give the required after-tax return?

Phenomena of tolerance and withdrawal : Explain the phenomena of tolerance and withdrawal. In addition, explain the importance of understanding addictions.

Compute of future value of an asset : Compute of future value of an asset and How much will their condo worth in 5 years if inflation is expected to be 8 percent

How would we determine the cost of normal spoilage : How would we find out the cost of normal spoilage so that we can record it in general ledger? How would we fin out the cost of normal spoilage so that we can record it in general ledger

Different visual basic command : Write down the visual basic command in order to Load a LVM file ( file name: Data.lvm), Delete the first 22 row , Insert a new column from 0 to last row of file with increment of 0.1 ( For example, if there are 25 rows in Data.lvm; then 25-22=3, it w..

Assessing the biological mechanisms : Evaluate the biological methods which contribute to alcohol dependence and describe why some groups of people are less likely to develop it.

Determine the quantity of spoiled units : Explain the product and the production process. Describe how you would find out the quantity of spoiled units that are normal versus abnormal. Explain how you would determine the cost of good units, normal spoilage and abnormal spoilage.

User Account

All Pages