Different account that pays compounded semi annually

Assignment Help Financial Management
Reference no: EM13813456

Debra deposited $1000 five years ago in an account that paid 4% annually. But three years ago she moved her money to a different account that pays 5% compounded semi annually. How much does she have in her account now?

Reference no: EM13813456

Questions Cloud

How much cash does the company have : Saunders Corp. has a book net worth of $13,430. Long-term debt is $8,650. Net working capital, other than cash, is $3,305. Fixed assets are $17,830 and current liabilities are $1,810. How much cash does the company have? What is the value of the curr..
Two bond issues outstanding : Erna Corp. has 6 million shares of common stock outstanding. The current share price is $89, and the book value per share is $8. Erna Corp. also has two bond issues outstanding. The first bond issue has a face value of $85 million, has a coupon of 6 ..
Calculate mean stitching time and the standard deviation : A machine cost $60,200; it has an estimated residual value of $6,000 and an expected life of 300,000 units. What would be the depreciation in year three if 60,000 units were produced? Calculate the mean stitching time and the standard deviation to th..
Use sensitivity analysis and scenario analysis : If you were the CFO of a company that had to decide on hundreds of potential projects every year, would you want to use sensitivity analysis and scenario analysis or would the amount of arithmetic required take too much time and thus not be cost-effe..
Different account that pays compounded semi annually : Debra deposited $1000 five years ago in an account that paid 4% annually. But three years ago she moved her money to a different account that pays 5% compounded semi annually. How much does she have in her account now?
About the annual interest : You invest $3200 today. One year from today you invest $4500. Finally, two years from today you invest $5000. Your account earns 12.5% annual interest, compounded annually. How much is in the account immediately after the last deposit? How much is in..
Prepare journal entries for common stock issued : Prepare journal entries for common stock issued above par value and draw up a Balance Sheet showing how these entries are reflected therein. Please explain in a word document and should be 1 page minimum.
Required take too much time and thus not be cost-effective : If you were the CFO of a company that had to decide on hundreds of potential projects every year, would you want to use sensitivity analysis and scenario analysis or would the amount of arithmetic required take too much time and thus not be cost-effe..
About the future value : What is the future value of $1,270 in 16 years assuming an interest rate of 9 percent compounded semi annually? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations.

Reviews

Write a Review

Financial Management Questions & Answers

  Problem 1arbitrage financial is offering two possible

problem 1arbitrage financial is offering two possible investments with the same level of risk.nbsp investment 1 is a

  Bond Valuation-Interest Rate Risk-Yield to Maturity

What will be the value of each of these bonds when the going rate of interest is (1) 5%, (2) 8%, and (3) 12%? Assume that there is only one more interest payment to be made on Bond S. You just purchased a bond that matures in 5 years/ The bond has a ..

  Compute effective cost of not taking the cash discount

Compute the effective cost of not taking the cash discount under the following trade credit terms:

  Find the value in the financial statements

Enter the missing values in the financial statements. Assume the company started operations January 1, 2013, and all transactions involve cash.

  What is the amount of the free cash flow

How do I figure out this problem? Johnson's Nursery has net income of $42,500, depreciation expense of $1,800, interest expense of $900, taxes of $1,600, additions to net working capital of $2,300, and capital expenditures of $11,700. What is the amo..

  Discounted cash flow approach-what is its cost of equity

The earnings, dividends, and common stock price of Shelby Inc. are expected to grow at 5% per year in the future. Shelby's common stock sells for $22.25 per share, its last dividend was $1.60, and the company will pay a dividend of $1.68 at the end o..

  What is the projects IRR

A project has an initial cost of $52,125, expected net cash inflows of $12,000 per year for 8 years, and a cost of capital of 12%. What is the project's IRR? Round your answer to two decimal places.

  Primary concerns should your firm make change to credit

In order to increase sales, the sales manager of your firm is proposing to offer 90 day credit terms rather than 60 day credit terms to customers. As a financial manager which of the following would be one of your primary concerns should your firm ma..

  What is the amount of the firms average accounts receivable

Kay's House of Sound sells 520 musical instruments a year at an average price per instrument of $580. All sales are credit sales with terms of 2/10, net 25. Hogan's has found that 78 percent of its customers take advantage of the discounted price. Wh..

  Bonds make semi-annual payments

Hollin Corporation has bonds on the market with 23.5 years to maturity, a YTM of 7 percent, and a current price of $1,051. The bonds make semi-annual payments. What must the coupon rate be on these bonds?

  What are the main features of a traditional corporation

What are the main features of a traditional corporation? What are the main features of a Limited Liability Company? What are the similarities and differences we can look to when trying to determine which entity will best suit our needs in a given sit..

  Explain what would be the amount of the equity

Based on your answer in (c), what would be the amount of the equity up front that you would have to give up in order to obtain LipLife's original venture capital investment?

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