User Account

All Pages

What is value of savings account at end

Assignment Help Business Economics
Reference no: EM132408729

1. Professor Charlie invested $700,000 in a savings account, the interest rate is 8% per year and length of time is 9 years. Compounding is quarterly, what is value of savings account at end of 8 years.

2. How many periods does it take for money to grow 5.5 times, if the interest rate is 5.5 % per period and compounding is semi-annually?

3. Souhi bought a land for $650,000 and travelled for a world trip. Once he returned after 2 years, he got surprised looking at land price which got appreciated to $850,000. What is the rate of appreciation?

4. Fon agreed to sign a contract for $800,000 at a rate of 15% for 18 years. What is the payment amount for month?

5. Siling wanted to save money which would help her after retirement which is, she planning to do after 55 years. She planned to have $625,000 with her. Interest rate she would be getting is 7%. How much will she need to contribute to IRA each year.

6. Alimata is planning to have a money trading business and she set a target of gaining $875,000 by end of 5 years by setting a rate of interest 12% semi-annually. What is the amount she needs to invest?

Reference no: EM132408729

Questions Cloud

What do the dupont equations from 2018 : What do the DuPont equations from 2018 tell us about Williams Company compared to Blumer Co?
What is the expected return on overall stock market : Assume that the risk-free rate of return is 5 percent and the market risk premium is 6 percent. What is the expected return on the overall stock market?
Security valuation equity : Next year, a company expects net income of $44 million. It pays 50% of its earnings out in dividends and has a cost of equity capital of 11%.
Complete all sections of policy analysis worksheet : Complete all sections of Policy Analysis Worksheet. Formulate domestic and international public policy alternatives to effectively address issues and challenges
What is value of savings account at end : Professor Charlie invested $700,000 in a savings account, the interest rate is 8% per year and length of time is 9 years.
What is the rate of interest on borrowing : If it swaps its short-term payments so that it receives LIBOR +1.5% and pays a fixed rate of 5%, what is the rate of interest on its borrowing
What are the potential benefits and costs for a company : What are the potential benefits and costs for a company (that is located in a developing country with a bad performing currency)
Leaders of your current or former organization : Discuss a mental model that the leaders of your current or former organization hold that needs to be changed. Describe the model and explain how it needs to be
Calculate the npv of the proposed refunding : The company's tax rate is 30%. Calculate the NPV of the proposed refunding." Where I have trouble is figuring out how to get the discount rate to calculate PV

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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