What is the interest rate

Assignment Help Business Management
Reference no: EM133033709

-Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $8,000,000, or 10 annual payments of $1,000,000.

-What is the interest rate that makes these two amounts equal?

-PV =
-FV =
-I = ?
-N =
-Pmt =

-Answer: ___________

-If you can invest at 6% how much would you have after 10 years if you invested the $8,000,000?

-PV =
-FV = ?
-I =
-N =
-Pmt =

-Answer: ___________

Reference no: EM133033709

Questions Cloud

Describe the terminal value : Describe the terminal value of the following portfolio: a newly entered-into long forward contract on an asset plus a long position
Assessing the external environment of a business : 1) Unlimited personal liability for business debt is a disadvantage of corporations.
Discuss the area of law : Discuss the area of law that each agency administers and why it is important to be familiar with the operations of that agency
How much can she spend each year : Under these assumptions, how much can she spend each year after she retires? Her first withdrawal will be made at the end of her first retirement year
What is the interest rate : -Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $8,000,000, or 10 annual payments of $1,000,000.
What must be the amount of your first deposit today : Considering your projected lifestyle, you expect to need $150,000 per year. What must be the amount of your first deposit today
What the anticipated cash inflow for the month of march : The company's past experience indicates that 70% of the accounts receivable are collected in the month of sale, What the anticipated cash inflow for the month
Research today tourism environment : In our materials, Rebecca Torres (2003) discussed linkages between tourism demand for food and local agricultural production.
What is the horizon value of the interest tax shield : Question - Wilde Software Development has a 13% unlevered cost of equity. What is the horizon value of the interest tax shield

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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