If you need 6000 5 years from now how much of a deposit

Assignment Help Finance Basics
Reference no: EM13574559

Deposits Required. If you need $6,000 5 years from now, how much of a deposit must you make in your savings account each year, assuming an 8 percent annual interest rate?

Reference no: EM13574559

Questions Cloud

The brandilyn toy company manufactures a line of dolls and : the brandilyn toy company manufactures a line of dolls and a doll dress sewing kit. demand for the dolls is increasing
Doughboy bakery would like to buy a new machine for putting : doughboy bakery would like to buy a new machine for putting icing and other toppings on pastries. these are now put on
Curtis cap company has recently been approached by bud : curtis cap company has recently been approached by bud selig commissioner of major league baseball mlb to manufacture
Primm company produces a product that requires four : primm company produces a product that requires four standard gallons per unit. the standard price is 24.50 per gallon.
If you need 6000 5 years from now how much of a deposit : deposits required. if you need 6000 5 years from now how much of a deposit must you make in your savings account each
They added direct materials costs of 160000 during the year : a. a company has 2000 units in the beginning work in process they transferred out 40000.nbsp the number in ending
Chris like to save 30000 to send his son to college in 18 : chris like to save 30000 to send his son to college in 18 years. if he uses an account that averages a 9 r about how
Calculate the present value of the following future cash : calculate the present value of the following future cash inflows discounted at 10 percent. a 1000 a year for years 1
Brent owns beck trucking seven years ago he purchased a : brent owns beck trucking. seven years ago he purchased a large-capacity dump truck for 115000 to provide short-haul

Reviews

Write a Review

Finance Basics Questions & Answers

  Its credit terms are 110 net 30 based on experience 65

miyagi data inc. sells earnings forecasts for japanese securities. its credit terms are 110 net 30. based on

  By how much will the roe change from such an inventory sell

If inventories are sold off and not replaced so as to reduce the current ratio to 2.0X, the funds generated would be used to reduce common equity (stock can be repurchased at book value). If everything else stays the same, including net income, by..

  Wrr corporation just paid a dividend of 150 per share d0

warr corporation just paid a dividend of 1.50 per share d0 1.50. is projected to increase 5 annually over the next 3

  What is the undiscounted cash flow in the final year

What is the undiscounted cash flow in the final year of an investment, assuming $17,000 after-tax cash flows from operations.

  What is the correct price of an american put

A stock priced at 50 can go up or down by 10 percent over two periods. The risk-free rate is 4 percent. What is the correct price of an American put with an exercise price of 55?

  Explain the difference between a forward contract a futures

explain the difference between a forward contract a futures contract and an option. how can they be used for hedging

  Evaluating the future value of the investment

Evaluating the future value of the investment and How much will Jayadev have at the end of 45 years

  How long is sharam average collection period

If its average age of inventory is 52 days, how long is its average collection period? If its average payment period is 38 days, what is its cash conversion cycle? How long is Sharam's average collection period?

  What are some of the primary advantages when a corporation

what are some of the primary advantages when a corporation has operations in countries other than its home country?

  What must the expected return on the market be

A stock has an expected return of 14 percent, its beta is 1.20, and the risk-free rate is 5.8 percent. What must the expected return on the market be?

  What is the value of a share of preferred stock

What is the value of a share of preferred stock that pays a $4.50 dividend, assume k is 10%.

  If the nominal rate of interest on 1-year bonds is 5

assume that the real risk-free rate is 2 percent and that the maturity risk premium is zero. if the nominal rate of

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