Compute the future value in year

Assignment Help Financial Management

Reference no: EM131336207

Compute the future value in year 9 of a $4,500 deposit in year 1 and another $4,000 deposit at the end of year 5 using an 9 percent interest rate. (Do not round intermediate calculations and round your final answer to 2 decimal places.)?

Reference no: EM131336207

Questions Cloud

Times-interest-earned ratio : Times-Interest-Earned Ratio The Morris Corporation has $250,000 of debt outstanding, and it pays an interest rate of 9% annually. Morris's annual sales are $1.25 million, its average tax rate is 40%, and its net profit margin on sales is 6%. If the c..

Difference between horizontal growth and vertical growth : What is the statistical interpretation of the expected future spot rate? What is the difference between horizontal growth and vertical growth?

Neighbor decision to invest in this business venture now : Recently, a neighbor you have known for years won a lottery and received a $250,000 prize. This neighbor decided to invest all of his winnings in a new business venture that he knew only had a 5 percent chance of success. Which one of the following b..

Anytime ted analyzes a proposed project : Anytime Ted analyzes a proposed project, he always assigns a much higher probability of success to the project than is warranted by the information he has gathered. Which one of the following best illustrates an error which you, as a project manager,..

Compute the future value in year : Compute the future value in year 9 of a $4,500 deposit in year 1 and another $4,000 deposit at the end of year 5 using an 9 percent interest rate.

Explain how the practice of corporate takeovers : Explain how the practice of corporate takeovers was arguably collectively irrational if we suppose that the corporation’s ultimate objective is long-term growth (and, hence, profitability).

Companies perceived to be underperforming : How did a focus on stock price specifically figure into the strategy of taking over, or threatening to take over, companies perceived to be underperforming?

What is the aftertax salvage value of that machine : Three years ago, Green Glass purchased a machine for a 3-year project. The machine cost 868,000 and is being depreciated using MACRS 3 year class (use table in previous question) Today, the project ended and the machine was sold for 90,000. What is t..

What is your cash flow in time for this investment : You are working on a bid to build two apartment buildings a year for the next 5 years for a local college. This project requires the purchase of $750,000 of equipment that will be depreciated using 5 year MACRS. You will also need $146,000 in net wor..

User Account

All Pages