Find the semiannual deposit

Assignment Help Finance Basics

Reference no: EM131940002

Question: 1. You have an automatic investment account in which $200 of your checking account is electronically transferred to a money market account each week (starting one week from now). If the account has an interest rate of 6% per year compounded daily, how much money will you have after 2 years?

2. Find the semiannual deposit (beginning in month 6) required to accumulate $5,000 in 5 years at a nominal 6% per year compounded monthly.

Reference no: EM131940002

Questions Cloud

How would environmental management practices change : How would environmental management practices change in your area? Would this drastic shift in temperature impact culture and society in your area?

Determine the roe under three models : Determine the ROE under three models. b. Which capital structure is best and why? Compare and discuss your overall results.

Which hedge positions should the organization adopt : An Australian organization has a ¥35,000,000 account payable in 3 months. The current Japanese yen (¥)/Australian Dollar (A$) spot exchange rate is ¥87.35/A$.

Considering replacing one of machines with more efficient : The great tech company is considering replacing one of its machines with a more efficient one.

Find the semiannual deposit : Find the semiannual deposit (beginning in month 6) required to accumulate $5,000 in 5 years at a nominal 6% per year compounded monthly.

What are the ethical issues behind the case : Identify the key stakeholders AND their interests/demands that the top management team (TMT) should consider in the process of making the ethical decisions.

Reduce their pre-tax annual cash flows : However, this project would compete with other Best products and would reduce their pre-tax annual cash flows. What is the project's NPV? IRR?

Consider european put option expiring : Consider a European put option expiring in 90 days on a non-dividend-paying stock trading at 82 when the risk-free rate is 4%.

Review problem of the automation project : One of Fosbeck's plants is trying to decide whether to automate its drug manufacturing by purchasing a fully automated bioreactor machine complex.

User Account

All Pages