User Account

All Pages

Make an identical deposit

Assignment Help Finance Basics
Reference no: EM131114261

Today is your birthday and you decide to start saving for college. You will begin college on your 18th birthday and will need $4,000 per year at the end of each of the next 4 years (after that 18th birthday - isn't it nice the college lets you pay at the end of the year!) You will make an identical deposit each year up to and including the year you begin college. All your money will earn 12% interest including the time you are in college. If a deposit of $2,542.00 will allow you to reach your goal (gee, I love this question!) - are you ready for this?! How old are you now? (note points will only be given for work shown - no pure guesses please).

Reference no: EM131114261

Questions Cloud

Provide a outline on how you would construct the final paper : Provide a 1-page bulleted list of key recommendations to address the corruption occurring in the police and correctional systems with explanations on why the recommendation is valuable.
Value of the option to expand : What is the value of the option to expand? (Do not round intermediate calculations and round your final answer to 2 decimal places (e.g., 32.16).)
Compute the kvar kva and the power factor of the motor : Compute the kVAR, kVA, and the power factor of the motor (specify whether lagging or leading).
What amount of debt it should use in calculating : Alpha wonders what amount of debt it should use in calculating the tax shields on interest payments in its capital budgeting analysis. Can you offerassistance?
Make an identical deposit : Today is your birthday and you decide to start saving for college. You will begin college on your 18th birthday and will need $4,000 per year at the end of each of the next 4 years (after that 18th birthday - isn't it nice the college lets you pa..
Discuss the conditions under which the capital expenditure : Discuss the conditions under which the capital expenditure of a foreign subsidiary might have a positive NPV in total currency terms but be unprofitable from the parent firm's perspective.
Determine the apparent power and the reactive power : If the capacitor, consisting of three equal sections, is connected in delta across the supply lines, calculate the capacitance required in each section.
How is this crime defined in the state in which you live : Analyze how the purpose of government and the social contract might protect the rights (e.g., safety and security) of the suspect in this case.
Calculate the beta of three-stock portfolio : Make your third selection and calculate the beta of your three-stock portfolio (and yes, I need to see the formula!)

Reviews

Write a Review

Finance Basics Questions & Answers

  Assume that you contribute 240 per month to a retirement

assume that you contribute 240 per month to a retirement plan for 15 years. then you are able to increase the

  What is the after-tax return on bills corporate bonds

What is the after-tax return on Bills corporate bonds for the current year?

  What policy is served by the law that employers do not own

what policy is served by the law that employers do not own the copyrights for works created by independent contractors

  Create an ios chart with the investment

The WACC is 7.75% with break points at $13 million and a new WACC of 8.12%. A final breakpoint occurs at $25 million boosting the WACC to 9.25%. Your banker has told you that beyond $25 million you will not be extended additional credit.

  Historical stock price data

Pick three stocks of your choice (Select stocks listed in the USA exchange traded market), preferably from different industry groups. Go to the recommended websites orany other website that offers historical stock price data or to published inform..

  Discuss the relationship between net income and cash flow

interpreting the statement of cash flows. the coca-cola company coca-cola like pepsico manufactures and markets a

  Financial perspective on customers

The material in this module shows that many companies place disproportionate emphasis on the financial perspective at the costs of the other three perspectives.

  Calculation where the market drops by 10 percent

(Systematic risk and expected rates of return) The followin table contains beta coefficient estimates  for six firms. Calculate the expected increase in the value of each firm's shares if the market portfolio  were to increase by 10 perc..

  What does the beta of a stock measure

You turn on the news and find out the stock market has gone up 10%. Based on the data in Table 10.6, by how much do you expect each of the following stocks to have gone up or down: (1) Starbucks, (2) Tiffany & Co., (3) Hershey, and (4) Exxon Mobil.

  Computations to explain if the change in policy

The Kranberry kids Corporation is in the volatile garment business. The company has yearly revenues of $250 million and operates with a 30 percent gross margin on sales.

  Calculation of cost of common stock shares

Calculation of cost of common stock shares and shares of common stock outstanding and it is presumed the Larsen Co

  How does the existence of asymmetric information and

how does the existence of asymmetric information and signaling affect capital

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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