User Account

All Pages

How much can he afford to spend now on travel

Assignment Help Accounting Basics
Reference no: EM133177037

Question - John wants to have $25,000 in 3 years' time for a deposit on a house. He has recently won $22,000 in a lottery and would like to travel overseas. If he can invest money at 13%, how much can he afford to spend now on travel?

What formula would you use to solve this Time Value of Money/Dicounted Cash Flow question and why?

Reference no: EM133177037

Questions Cloud

ISYS2095 Database Concepts Assignment : ISYS2095 Database Concepts Assignment Help and Solution, RMIT University - Assessment Writing Service
Explain how swot analysis is conducted : Explain how SWOT analysis is conducted and business strategy is developed with an example.
Reviewing the sales process : Explain the process and purpose of reviewing the sales process including feedback from the vendors, buyers and colleagues.
Identify the various stakeholders : Identify the various stakeholders who are involved in the decision Kickstarter faces to allow celebrities to use its site. In your view
How much can he afford to spend now on travel : John wants to have $25,000 in 3 years' time for a deposit on a house. He has recently won $22,000 in a lottery. How much can he afford to spend now on travel
Case simulation zenith medical systems : Develop a Job Evaluation Plan using the point method which you will apply to each of the jobs listed in the case. Remember, these are the only jobs you have to
Negotiating with a south korean business manager : Imagine that you are negotiating with a South Korean business manager.
People issues in international business : With reference to this topic, discuss cultural orientations of the (foreign) country you are currently working in, or of a country in which your organization (o
Write down the equation used to solve for the irr : The cash flows from the project will be $40k, $42k and $28k in years 1 through 3. Write down the equation used to solve for the IRR

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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