What the future value of money after twelve months is

Assignment Help Financial Accounting
Reference no: EM132953500

Problem 1: You decide to put $12,000 in a money market fund that pays interest at the annual rate of 8.4%, compounding it monthly. You plan to take the money out after one year and pay the income tax on the interest earned. Using it as the growth rate, the future value of money after twelve months is?

Reference no: EM132953500

Questions Cloud

What is the monthly pmpm amount : Consider the following assumptions: Required Revenues - $18,775,000 Covered Lives - 30,000. What is the monthly PMPM amount
Find the amount available in this fund after ten years : The fund will earn interest at the rate of 6% per year, compounded quarterly. Find the amount available in this fund after 10 years.
Compute the accounts receivable turnover : End of year (allowance for losses and discounts, 2011-$11,180; 2010-$12,300) $220,385 $240,360. Compute the accounts receivable turnover
What must be the expected rate of return on company stock : If its dividend is expected to grow at a constant rate of 5 percent, what must be the expected rate of return on the company's stock?
What the future value of money after twelve months is : You decide to put $12,000 in a money market fund that pays interest. Using it as the growth rate, the future value of money after twelve months is?
How much interest does knope capitalize : She also has a 2,000,000 loan at 4 percent and a 1,000,000 loan at 7 percent. How much interest does Knope capitalize in 2021
What is the maximum balance and reorder point : Company A projects cash outflows to exceed inflows by $3 million over the first four months of the year. What is the maximum balance and reorder point
Find how much should pay for bond : With a face value of $1000, it will mature after 10 years. If you require a return of 12% from this bond, how much should you pay for it?
What is merced taxable income : Question - In 2020, Merced, Inc. (a C-corporation) had net operating income of $20,000. What is Merced's taxable income for 2020

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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