User Account

All Pages

Interest received at the end of the period

Assignment Help Finance Basics
Reference no: EM132538682

You placed $8,339 in a savings account today that earns an annual interest rate of 6.52 percent, compounded semiannually. How much will you have in this account at the end of 39 years? Assume that all interest received at the end of the period is reinvested the next period.

Round the answer to two decimal places.

Reference no: EM132538682

Questions Cloud

Limit the banks from risky undertaking : You should argue both for and against the regulations that limit the banks from risky undertaking? (Bank Management Course)
Should firm change debt-equity ratio if goal is to maximize : Should firm change its debt-equity ratio if the goal is to maximize the value of the firm? Explain. Find firm value according to MM Proposition with taxes?
Why the directors need to recognize a provision : Explain, with reference to the relevant standard, why the directors need to recognize a provision in the statement of financial position at June 30, 2010
Relationship in inefficiency and ethical behavior for leader : Based on the response to Hurricane Katrina, what is the relationship between inefficiency and ethical behavior for leaders?
Interest received at the end of the period : How much will you have in this account at the end of 39 years? Assume that all interest received at the end of the period is reinvested the next period.
Record the conversion using the book value method : Record the conversion using the book value method. Oriole Capital Ltd. issued 470 $1,000 convertible bonds at 104. The instruments have now been converted.
Compute the charge to profit and loss : Compute the charge to profit and loss in respect of the proposal for the year ended June 30, 2011, and identify where it will be reported
What is the risk posture for each individual system : What is the risk posture for each individual system as it contributes to the overall risk posture of the organization? How does each attack surface add up to a.
Calculate the ytm of the bond : Calculate the YTM of the bond (use trial & error approach) and interpret your findings focusing on bond pricing

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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