If you have 15000 today and save 13000 per quarter year at

Assignment Help Finance Basics
Reference no: EM13618668

If you have $15,000 today, and save $13,000 per quarter year at the end of the quarter while earning an annual interest rate of 5.5%, how many quarters would it take to accumulate $850,000?

Reference no: EM13618668

Questions Cloud

Find probabilty that any one bottle is filled with more : a soft drink bottling machine fills bottles with fluid volumes that are normally distrbuted with a mean of 250 ml and a
Suppose our experimenter repeats his experiment on a planet : suppose our experimenter repeats his experiment on a planet more massive than earth where the acceleration due to
The fiscal year ends december 31 for lake hamilton : the fiscal year ends december 31 for lake hamilton development. to provide funding for its moonlight bay project lhd
There are 300 homes in winetree subdivision the subdivision : there are 300 homes in winetree subdivision. the subdivision committee decided to paint a third of the houses magenta
If you have 15000 today and save 13000 per quarter year at : if you have 15000 today and save 13000 per quarter year at the end of the quarter while earning an annual interest rate
After a period of time the pressure in the tank rises to 15 : initially an insulated rigid tank contains 3.73 kg of water at 240oc and 1 mpa. a heater in the wall of the tank
A sample of 8 observations is selected from a normal : a sample of 8 observations is selected from a normal population for which the population standard deviation is known to
Spacefood products will pay a dividend of 240 per share : spacefood products will pay a dividend of 2.40 per share this year. it is expected that this dividend will grow by 3
Blocks with masses of 1kg 3kg and 5kg are lined up in a : blocks with masses of 1kg 3kg and 5kg are lined up in a row on a frictionless table. all three are pushed forward by

Reviews

Write a Review

Finance Basics Questions & Answers

  Global financial policy fall

Global Financial Policy Fall

  On a single draw from a deck of playing cards the

find the errors in each of the following statementsa the probabilities that an automobile salesperson will sell 0 1 2

  How financial intermediaries affect the availability

Describe how financial intermediaries affect the availability of financing for corporations and determine the impact you think the Internet will have on the activities and importance of intermediaries.

  What is the spot exchange rate

In the 90-day forward market, 1 British pound equals $1.50. If interest rate parity holds, what is the spot exchange rate ($/£)?

  What is the cost of existing common stock

Sun Electric is expected to pay a dividend of $2.85 per share over the next year, and the stock is currently selling for $35 a share. If dividends are expected to grow at 3.5 percent a year, what is the cost of existing common stock?

  Function of the financial system

Discuss the importance of banks for the flow-of-funds function of the financial system.

  What is their nominal yield to maturity

A firm's bonds have a maturity of 12 years with a $1,000 face value, have an 11% semiannual coupon, are callable in 6 years at $1,210, and currently sell at a price of $1,370.99.

  Determine the tax situation on the sale of an asset

The numbers a firm must have in order to determine the tax situation on the sale of an asset are which of the following?

  What are the spi and cpi

A Project has just completed the 87th item in its action plan. It was scheduled to have spent $168,000 at this point in the plan but has actually spent only $156,000. The foreman estimates that the value of the work actually finished is about ..

  What are your opinions on the use of npv vs irr in making

what are your opinions on the use of npv vs irr in making capital allocation decisions?nbsp please be specific.discuss

  What is the expected rate of return on the project

Consider the following probability distribution of returns estimated for a proposed project that involves a new ultrasound machine.

  Explain how rights differ from power or force and from

explain how rights differ from power or force and from

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