User Account

All Pages

How much interest will be earned

Assignment Help Finance Basics
Reference no: EM132540578

Anna also wants to travel after graduation but she isn't working while in school so she won't be able to put money aside regularly. However, her grandmother gave her the generous gift of $2500 for her birthday and suggested she invest it in a GIC because it's low risk. She shopped around and found a 4 year GIC investment that earns 2.8% interest annually.

  • How much will Anna have at the end of her four year investment?
  • How much interest will be earned

 

Reference no: EM132540578

Questions Cloud

What is the business case for quality improvement : If you were the CEO of your own company how would you involve your Vice President of Human Resources (VPHR) in strategic initiatives?
Describes cost management : Describes Cost management. Which is something management accountants should do to satisfy their users? Financial accounting is focused mostly on
Law enforcement becomes involved with breaches : When law enforcement becomes involved with breaches, the need may arise to freeze systems as part of the evidence
What is the firm level of inventory : Orange Inc. has current assets equal to $5.5 million. The company's current ratio is 2.25, and its quick ratio is 1.25. What is the firm''s level of inventory?
How much interest will be earned : Anna also wants to travel after graduation but she isn't working while in school so she won't be able to put money aside regularly. However, her grandmother
Biometrics in Relationship to U.S. Government Contracts : This organization fulfills various U.S. government contracts, although none of the contract work is military related.
What is the semi annual coupon payment : If it has a yield to maturity of 8% what is the semi annual coupon payment
What is the value of a bond that matures : What is the value of a bond that matures in 17 years, makes an annual coupon of 5%, and has a par value of $1,000? Assume a required rate of return of 5.90%.
Relevant arguments for and against decision : As a student of Public Finance, is borrowing good or bad? Justify your position by coming out with all the relevant arguments for and against your decision.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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