What deposits made at the beginning of each month

Assignment Help Accounting Basics
Reference no: EM132590932

Question - What deposits made at the beginning of each month will accumulate to $120,000 at 8% compounded semi-annually at the end of 10 year?

a. $100.85

b. $720.35

c. $655.88

d. $660.19

Reference no: EM132590932

Questions Cloud

How does a company measure the net pension benefit liability : How does a company measure the net pension benefit liability (asset) to report on the balance sheet under IFRS and U.S. GAAP? Provide the suitable example
What would Jacob report in income statement : Assume that Jacob sold the division's assets on December 31, 2021, for $23.40 million. What would Jacob report in income statement
What is a contingent liability : What is the financial reporting treatment for contingent liabilities and Explain in detail? What is a contingent liability? Provide the suitable example.
Team members to access assets and data remotely : Sometimes organizations require team members to access assets and data remotely, when not in the physical facility.
What deposits made at the beginning of each month : What deposits made at the beginning of each month will accumulate to $120,000 at 8% compounded semi-annually at the end of 10 year
Calculate the payback period of the equipment : Calculate the payback period of the equipment. Calculate the purchase price of the equipment. Geneva Fitness Center is considering an investment.
How determine the net present value of the project : Determine the net present value of the project. Show all your calculations.Boy-Boy , Incorporated , is considering the purchase of a machine
What is an unfavourable labour efficiency variance : What is An unfavourable labour efficiency variance? Standard rate times standard hours exceeds actual rate times actual hours
Design recommendations for improving the efficiency : Identify and present a clear set of supported design recommendations for addressing a complex resource issue - identify and incorporate relevant literature

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture 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!

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