How much will be in the account after the ninth deposit

Assignment Help Finance Basics
Reference no: EM13297305

Suppose you make annual deposits of $ 3,000 in an account that pays annual compound interest of 4.5 % over the investment period. How much will be in the account after the ninth deposit ?

Reference no: EM13297305

Questions Cloud

Compute the tax on the gain from the equipment sale : Compute the tax on the gain from the equipment sale and the cash flow after tax net salvage value.
Write how many total moles of atoms does the sample contain : A sample of propane,C3H8 , contains 18.0 moles of carbon atoms. How many total moles of atoms does the sample contain? Express the total number of moles of carbon and hydrogen numerically.
Find the kinetic energy of each neutron in the beam : A beam of neutrons that all have the same energy scatters from the atoms that have a spacing of 9.30×10^?2nm in the surface plane of a crystal
Calculate the compressive normal stress in the bar : A stainless steel (304) bar with a cross section of 0.2" x 0.4" is cut to a length of 30" and placed between two immovable walls at a  temperature of 40 degrees F. The operating temperature for the bar is 200 degrees F.
How much will be in the account after the ninth deposit : Suppose you make annual deposits of $ 3,000 in an account that pays annual compound interest of 4.5 % over the investment period. How much will be in the account after the ninth deposit ?
How much was in the account immediatley : When Juan was 25, he decided to begin planning for retirement in 40 years. Beginning with his 26th birthday, he invested $5,000 annually in an account that paid annual compound interest of 6 %. How much was in the account immediatley after this 40..
How to calculate the number of moles of magnesium : Calculate the number of moles of magnesium, chlorine, and oxygen atoms in 8.30 moles of magnesium perchlorate Mg(ClO4)2
How fast are the boys and the sled moving : A physics student has designed a winter game. He has a platform 4.6 meters high with a rope tied to a tree at the same height, how fast are the boys and the sled moving after they "collide"
What is the fund required rate of return : If the market required rate of return is 14% and the risk-free rate is 6%, what is the fund's required rate of return?

Reviews

Write a Review

Finance Basics Questions & Answers

  Which organizational officer is directly responsible

Which organizational officer is directly responsible for managing a company's cash and funds invested in various marketable securities?

  Computation of earnings per share at the given net income

Computation of Earnings per share at the given net income in addtion to this calculate the return on investment using the Du Pont method

  Floating exchange rate regime

Suppose that the U.S. Congress imposes an increase in taxes. Under a floating exchange rate regime, carefully illustrate and explain the process that will generate a new goods market

  Compute the interest rate on the loan lent compare the bank

Compute the interest rate on the loan lent compare the Bank deposit the interest earned and Calculate the interest rate earned on the savings account for six months

  Compute the break-even point in boxes

Jack and Joe, Corporation, sells fine chocolates at $15 a box. The fixed costs of this operation are $80,000, while the variable cost each box is $10.

  What will the stock price be in 15 years

Investors require a return of 11 percent on the company's stock. What is the current stock price? What will the stock price be in three years? What will the stock price be in 15 years?

  Broker and dealer profits and trading

Discuss the agency transaction (brokerage) and the principle transaction (dealer) that is involved in trading. What determines profits in each activity?

  What is the capital structure weight of firm common stock

What is the capital structure weight of the firm's common stock? (Hint: Assume each bond has face value of $1,000.)

  Case analysis on how to expenditure the advanced payments

Case Analysis on how to expenditure the advanced payments for convention related loss against budgets

  What was the flaotation cost as a percentage of funds raised

What was the flaotation cost as a percentage of the funds raised?

  How large must each of the 5 payments be

How large must each of the 5 payments be? Round your answer to the nearest cent.

  Determine the expected price of the stock

Allegheny Publishing's stock is expected to give a year end dividend, D1, of $4. The dividend is expected to increase at a constant rate of 8% per year, and the stock's required rate of return is 12%.

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