User Account

All Pages

How much is the twelfth payment

Assignment Help Finance Basics
Reference no: EM132694400

-Suppose that you deposit $50 per week for the next five years. If your bank account pays annual interest of 3% compounded weekly, how much money would you have after five years?

-Suppose that you have 40,000 today, and want to live off of it for two years. You can make 3% interest compounded yearly. What amount of money can you afford to take out each month?

-What is the future value of $508,000 invested at 7% compounded quarterly for twenty years?

-Hayden wants to buy a new car in two years and will need $27,000 for the purchase. If Hayden can earn 8% interest compounded annually, what amount does Hayden need to invest per month to be able to buy the car?

-Harper borrowed $10,800 from Frack and agreed to make 11 quarterly payments of $1,000 each, plus one other payment if required. The interest of 8% is compounded three times year. How much is the twelfth payment?

Reference no: EM132694400

Questions Cloud

What is the card eff : If the APR is stated to be 19.00%, with interest paid monthly, what is the card's EFF%?
Describe competency-based compensation programs : Pay for Performance in America's public schools is an extremely controversial issue. Although the process has made inroads in business and is a means to help.
What is the initial investment in net working capital : Veridian Dynamics is considering the purchase of a new cloning machine, which will cost $200 million plus an additional $20 million to ship and install.
How the segments affect the corporation : Considering the five forces of competition, choose the two that you estimate are the most significant for the corporation you chose.
How much is the twelfth payment : The interest of 8% is compounded three times year. How much is the twelfth payment?
What methods do firms use to ensure a disciplined workforce : Why are discipline and disciplinary action essential at any organization? What methods do firms use to ensure a disciplined workforce?
Describe the organization environment : Describe the organization's environment, and evaluate its preparedness to go global, if not already, and it's a strategy for staying global if it is.
What is the terminal cash flow-veridian dynamics : Veridian Dynamics is considering the purchase of a new cloning machine, which will cost $200 million plus an additional $20 million to ship and install.
Define employment at will with example : Define employment at will. Are there legal exceptions to the employment-at-will doctrine? How can employers protect themselves from wrongful discharge lawsuits?

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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