Find the present value of these cash flows

Assignment Help Financial Management
Reference no: EM13846171

You have accumulated some money for your retirement. You are going to withdraw $$99035 every year at the end of the year for the next 24 years. How much money have you accumulated for your retirement? Your account pays 10.87 percent per year, compounded annually. Find the present value of these cash flows.

Reference no: EM13846171

Questions Cloud

What is the present value of your savings account : Suppose you invest $ 2,026 today to start a business. In 4 years you hope to sell this company for $ 8,865. What would be your annualized rate of return? Assume that, starting next year, you put $ 662 into a savings account that pays 9 % interest eve..
Definition and discussion-lag relationship : Summarize your topic for the class, add a Biblical example, and offer further analysis for discussion on your topic. Your review must be 300-500 words, and you must reference at least 2 peer-reviewed sources and include 1 Biblical integration. You..
Explain its role in promoting international trade : Write a 1,050- to 1,750-word analysis of the WTO. In your analysis, include the following: Explain its role in promoting international trade. Cite at least one recent example reflecting the organization's involvement in promoting international trade
About the depreciation : Depreciation:
Find the present value of these cash flows : You have accumulated some money for your retirement. You are going to withdraw $$99035 every year at the end of the year for the next 24 years. How much money have you accumulated for your retirement? Your account pays 10.87 percent per year, compoun..
Economic impact and projections for us easing to cuba travel : Prepare 15 slides that would last 20 seconds each if presented to provide history, current state, economic impact and projections for US Easing to Cuba travel.
What would be your annualized rate of return : Suppose you invest $ 4,030 today to start a business. In 6 years you hope to sell this company for $ 14,849. What would be your annualized rate of return? Express your answer as a percentage, rounded to the first decimal, and without the ‘%’ sign. So..
Create an agenda for new employee orientation : Create an agenda for New Employee Orientation at Southwood School. The orientation should last one full day. The new employee will meet with representatives from: HR, Finance, Information Technology and the school administrator
Bond with call provision would generally be sold to yield : A bond with a call provision would generally be sold to yield

Reviews

Write a Review

Financial Management Questions & Answers

  Identify and discuss two reinburstment methods

Identify and discuss two reinburstment methods that the organization may utilize, and explain what risks those methods may or may not bring to the organization.

  Linkages among financial decisions-return-risk-stock value

What are the linkages among financial decisions, return, risk and stock value? Why are these linkages important? How does the financial manager incorporate these as s/he manages the assets and liabilities of the firm? Be sure to include examples to p..

  Just above cost to get people into a store

_____ involves pricing one or more items at or just above cost to get people into a store.

  Should you take the lump sum or the annuity

You just won the florida lottery. You have the choice of 24000000 today or a 20 year annuity 2280000, with the first payment coming one year from today. If you want an annual return of 7.5 percent, should you take the lump sum or the annuity? Explain..

  Evaluate the depreciation on the building

Evaluate the depreciation and what was Happe's Interest Expense on the bond during fiscal year 2012? What was Andersen Telecom's depreciation expense for tax purposes in fiscal year 2012?

  Describe the major components of a business model which

describe the major components of a business model. which component do you identify as the foundation component? why?is

  Describe capital market listing requirements for corporation

Briefly list and describe capital market listing requirements for corporations that who wish to trade on the NYSE?

  1explain concept of financial intermediation how does the

1.explain concept of financial intermediation. how does the possibility of financial intermediation increase the

  How would you use this knowledge as a global leader

Discuss (worldwide), which countries were the largest recipient and source countries of FDI last year? Why? How would you use this knowledge as a global leader?

  What is effective annual interest rate of this trade credit

The D.J. Masson Corporation needs to raise $600,000 for 1 year to supply working capital to a new store. Masson buys from its suppliers on terms of 1/10, net 90, and it currently pays on the 10th day and takes discounts. However, it could forgo disco..

  What is the projects MIRR and IRR

A project has an initial cost of $41,125, expected net cash inflows of $12,000 per year for 9 years, and a cost of capital of 14%. What is the project's NPV?

  Pink sheets are traded

"Pink sheets" are traded on the

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