What is the future value of this ordinary annuity

Assignment Help Accounting Basics
Reference no: EM133136142

Question - Suppose you make $4,000 deposits at the end of each year for 3 years. If the interest rate is 4% per year, what is the future value of this ordinary annuity?

Reference no: EM133136142

Questions Cloud

Writing a memo to vickie plato explaining : Writing a memo to Vickie Plato explaining why in some years she must amortize some of the net gains and losses
Charge of job evaluation for organization : Assume you are in charge of job evaluation for your organization and that you have been given the following jobs to evaluate and determine their overall worth t
What would you do to reverse the entry : You noticed that the bookkeeper incorrectly entered a transaction for cash received for services done for a customer. What would you do to reverse the entry
What is the future value of this ordinary annuity : Suppose you make $4,000 deposits at the end of each year for 3 years. If the interest rate is 4% per year, what is the future value of this ordinary annuity
Explain the goals of criminal law : Explain the goals of criminal law and why these goals are still important today and Explain the connection between state police power and the limitations
What is the future value of this annuity due : Suppose you make $4,000 deposits at the beginning of each year for 3 years. If the interest rate is 4% per year, what is the future value of this annuity due
Prepare the property, plant and equipment note : Prepare the property, plant and equipment note to the financial statements of Bell Crest Ltd for the year ended 30 June 2020
Explain how you dealt with those experiences : Explain how you dealt with those experiences - The journals are to reflect your experiences and opinions, so there are no right or wrong answers

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