How much money will be in the account

Assignment Help Finance Basics
Reference no: EM131893855

For the next 4 years, you decide to place $3,435 in equal year-end deposits into a savings account earning 6.79 percent per year. How much money will be in the account at the end of that time period? 

Round the answer to two decimal places.

Reference no: EM131893855

Questions Cloud

Discuss your feelings about the multiple-selves theory : Discuss your feelings about the multiple-selves theory. Do you feel the pull between what you want and what should be done?
Short bonds to borrow the present value of strike : A stock purchase plan portfolio: long stock and short bonds to borrow the present value of strike
What caused the bankruptcy : Discuss how perceptual bias affected President George W. Bush's decisions that lead the United States into war in Iraq in 2003.
Examine constructive criticism regarding study design ideas : Do you have anything to add to their ideas about why the meta-analysis is important, or any constructive criticism regarding their study design ideas?
How much money will be in the account : How much money will be in the account at the end of that time period? Round the answer to two decimal places.
Which equation will you choose as a better estimation : Which equation will you choose as a better estimation for quantity demanded? Which equation will you choose as a better estimation for elasticities?
Identify a patient population for which imaging is to play : Identify a patient population for which Imaging is likely to play a key part in their care. Review relevant literature in order to produce an informative essay.
What price must you be able to sell the stock : What price must you be able to sell the stock for at the end of the 5 years in order for the stock to be fairly valued based on a 15% cost of equity?
What is the accumulated sum : What is the accumulated sum of the following stream of payments? $2,930 every year at the end of the year for 15 years at 7.64 percent, compounded annually.

Reviews

Write a Review

Finance Basics Questions & Answers

  Describe why cash flow is important than sales in a business

Describe why cash flow is more important than sales in a business. Discuss what could happen if management does not fulfill responsibilities related to finance.

  What is a ponzi scheme

How do the operators of a Ponzi scheme manage to keep it going? Are investors to blame for believing they can get rich quickly as this article indicates?

  What is the bank return on assets

A bank estimates that its total revenues will amount to $155 million and its total expenses (including taxes) will equal $107 million this year.

  Compute the operating break-even point in dollars

a. Compute the operating break-even point in dollars b. Compute DOL

  If these are the only two investments in her portfolio

an individual has 45000 invested in a stock with a beta of 0.8 and another 75000 invested in a stock with a beta of

  The current price is 48 per share and there are four

gates window mfg. is considering a rights offer. the company has determined that the ex-rights price would be 45. the

  Show the proper entries for granting the loan

Relgade National Bank secures primary credit from the Federal Reserve Bank of San Francisco in the amount of $32 million for a term of seven days.

  Calculate total annual inventory cost under eoq

What is average inventory under EOQ if Ms. LaRue maintains a safety stock of 200 units?

  What is a private-equity firm

What is a private-equity firm? How do expectations of higher capital gains taxes next year help fuel the desire for private-equity firms to sell businesses? Why don't expectations of higher capital gains taxes create an offsetting dampening effect..

  Effort to creating accurate job descriptions

What is the strategic importance of devoting organizational time and effort to creating accurate job descriptions?

  Compute current and previous period productivity

Compute Current period productivity and Previous period productivity. Did the worker's productivity increase, decrease, or remain the same?

  Computation of payback period-net present value

IRRs Froogle Enterprises is evaluating an unusual investment project. What makes the project unusual is the stream of cash inflows and outflows shown in the following table:

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