User Account

All Pages

Have to deposit into the account every quarter

Assignment Help Financial Management
Reference no: EM131500728

You plan to make 24 equal quarterly payments (payments are at the end of each period) into an account to pays 8% (per year compounded quarterly). If you need $5,000 at the end of 10 years (i.e. 4 years after the last payment is made into the account), how much would you have to deposit into the account every quarter? Round your answer to the nearest 10 dollars. Show your work.

Reference no: EM131500728

Questions Cloud

Identify the compromising condition of special population : Create your client for this assignment, providing demographic information.Identify the compromising condition of your special population.
Discuss three legal and three ethical considerations : Discuss three legal and three ethical considerations that you deem most important to your company or organization when forming strategic alliance with supplier.
Variable rate of prime plus : The Costco Co. can borrow money at either a variable rate of prime plus 1 percent or a fixed rate of 7.5 percent.
Compute the x- and y-components of the heat flux : Determine the components of temperature gradients at the midpoint of the element in Problem 1. Knowing that the element has a thermal conductivity of k - 92.
Have to deposit into the account every quarter : If you need $5,000 at the end of 10 years (i.e. 4 years after the last payment is made into the account), how much would you have to deposit into the account.
Discuss about the americans with disabilities act : Analyze what protections are afforded by the Americans with Disabilities Act (ADA) and the liability issues it may cause for employers.
Analyze the significance of ash and roddicks achievements : Assignment: Two Entrepreneurial Titans- Analyze the significance of Ash and Roddick's achievements on women leadership during their respective eras.
What is the temperature at the center of this element : Compute the location of the 103°F and 107°F isotherms for the element in Problem 1. Also. plot these isotherms.
Analysis of fundamentals : Analysis of Fundamentals: Goals, Strategy, Market, Competitive Technology, Regulatory, and Operating Characteristics

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd