How much money can be withdrawn at the end

Assignment Help Financial Management
Reference no: EM13876148

How much money can be withdrawn at the end of 20 years if $6,000 is deposited at the end of each year for 12 years, and no deposits are made after, where the fund earns 7.5 percent?

Reference no: EM13876148

Questions Cloud

Perform a personal swot analysis : Perform a Personal SWOT analysis using the Personal SWOT analysis template. Transform your weaknesses into strengths and provide at least two items to work from for your Outcome List
What is the yield to maturity-bond matures : The bond issued by Lindsey bears a 5.87% coupon, payable semi annually. The bond matures in 8 years and has a $1000 face value. Currently the bond sells at par. what is the yield to maturity?
Develop a ranking of the countries for choosing best country : Develop a ranking of the countries for choosing the best country for the location for offshoring the finance function. Explain briefly how you developed your ranking.
Calculate the amount of the last payment : Earl obtained a loan for 19000 dollars. He will pay it back in 35 months with an interest rate of 5 yearly compounded monthly. Each payment will be $200 larger than the previous payment. Calculate the amount of the last payment.
How much money can be withdrawn at the end : How much money can be withdrawn at the end of 20 years if $6,000 is deposited at the end of each year for 12 years, and no deposits are made after, where the fund earns 7.5 percent?
What is the book value of shareholders equity : Seven years ago sara distributors purchased a mailing machine at the cost of $368000.This equipment is currently valued at $172200 on today’s balance sheet but could actually be sold for $211400 .this is the only fixed assets the firm owns.net workin..
What is the future value of these investment cash flows : Trigen Corp. management will invest cash flows of $331,000, $616,450, $212,775, $818,400, $1,239,644, and $1,617,848 in research and development over the next six years. If the appropriate interest rate is 6.75 percent, what is the future value of th..
Current ratio-debt-equity ratio and return on investment : Ford Motor Company, Inc. Is the company maximizing the wealth of its shareholders? If not, what can they do to achieve this result? Review calculations and discussion of the following 6 ratios and financial measures: Current Ratio, Debt/Equity Ratio,..
What is the target stock price in one year : Fly Away, Inc., has balance sheet equity of $6.9 million. At the same time, the income statement shows net income of $855,600. The company paid dividends of $419,244 and has 120,000 shares of stock outstanding. If the benchmark PE ratio is 33, what i..

Reviews

Write a Review

Financial Management Questions & Answers

  What is the minimum nominal rate of return

What is the minimum nominal rate of return you should accept, if you require a 10% real rate of return and the rate of inflation is expected to average 9.70% during the investment period?

  Repaid in equal annual installments

If the center takes out a 5-year term loan that would be repaid in equal annual installments, how much will it owe to Bank South if Gary decides to pay off the loan early at the end of third year. Amount borrowed 250, 0000 and rate 8.06

  Described as indirect finance

Which of the following cannot be described as indirect finance? A bond denominated in a $5000 coupon bond with a coupon rate of 5% has a coupon payment of ___

  What is the real risk-free rate of return

Suppose 1-year T-bills currently yield 7.00% and the future inflation rate is expected to be constant at 4.50% per year. What is the real risk-free rate of return, r*? Disregard any cross-product terms, i.e., if averaging is required, use the arithme..

  Compute the bonds expected rate of returndetermine the

you own a 20-year 1000 par value bond paying 7 interest annually the market price of the bond is 875 and your required

  Receives tax-free to redeem stock of deceased shareholder

Mad Golf Inc., a successful C corporation, has three shareholders: Larry, Brice and Joe. All the shareholders are in their early fifties. The company has a redemption buy-sell agreement funded with corporate-owned life insurance. If a shareholder die..

  How much long-term debt does blackwell automotive have

Tim Dye, the CFO of Blackwell Automotive, Inc., is putting together this year's financial statements. He has gathered the following balance sheet information: The firm had a cash balance of $23,015, accounts payable of $163,257, common stock of $313,..

  Gap analysis and benchmarking for anthonys orchard hi sir

hi sir madam ltbrgt ltbrgtcan you please check the attached assignment and let me know about it. looking forward to

  Find the amount of the ordinary annuity

Find the amount (future value) of the ordinary annuity. (Round your answer to the nearest cent.) $1900/semi annual period for 7 years at 2.5%/year compounded semi annually

  Prepared to make monthly payments

You’re prepared to make monthly payments of $190, beginning at the end of this month, into an account that pays 6 percent interest compounded monthly. How many payments will you have made when your account balance reaches $10,000?

  What should be the cost of equity of your firm

Suppose you borrow $8000 when financing a coffee shop which is valued at $30000. Assume that the unlevered cost equity of the coffee shop is 15% and that the cost of debt is valued at 5%. What should be the cost of equity of your firm?

  Developing a balanced scorecardneed for organisations to

developing a balanced scorecardneed for organisations to measure and manage performance against objectives as well as

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!

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