What is the amount of the payments that leon winslow make

Assignment Help Accounting Basics
Reference no: EM131882308

Question - What is the amount of the payments that Leon Winslow must make at the end of each of 9 years to accumulate a fund of $81,600 by the end of the 9th year, if the fund earns 9% interest, compounded annually?

Reference no: EM131882308

Questions Cloud

E-tailing in india and an comparative study with any country : EUB020L007AManagement Research Methods (MRM) - develop a deep understanding of the epistemology and ontology bases for research, as well as research methodology
Using the percent-of-sales forecasting method : Suppose you're using the percent-of-sales forecasting method, and sales last year were 18 million.
Construct an argument to share your perspective : The purpose of this assignment is to keep students up-to-date with current events, encourage critical thinking and develop writing skills for communication.
Stock versus options stock in cheezy-poofs manufacturing : Stock versus Options (LO2, CFA2) Stock in Cheezy-Poofs Manufacturing is currently priced at $50 per share.
What is the amount of the payments that leon winslow make : What is the amount of the payments that Leon Winslow must make at the end of each of 9 years to accumulate a fund of $81,600
Why should we create mail marketing campaign for business : Why should we create mail Marketing campaign for our business (the important of the MailChimp tool).
Additional capital provided by an increase in sales : Additional capital provided by an increase in sales, without outside financing, is referred to as ______________.
What do you mean by financial management of health care : What do you mean by financial management of health care organizations? Identify key elements that are driving changes in health care delivery.
What was the closing price for this stock : What was the closing price for this stock that appeared in yesterday’s paper?

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