What will be the value of the investment in two

Assignment Help Finance Basics
Reference no: EM132544411

Your brother has asked you to help him with choosing an investment. He has $4,700 to invest today for a period of two years. You identify a bank CD that pays an interest rate of 0.0300 annually with the interest being paid quarterly. What will be the value of the investment in two years? Round to two decimal places.

Reference no: EM132544411

Questions Cloud

Prepare the investment-related asset : Prepare the investment-related asset and stockholders' equity balance sheet presentation for Glacier Products Inc. on December 31, Year 2
Calculate carla vista diluted earnings per share : Calculate Carla Vista's 2020 diluted earnings per share. Carla Vista Corporation reported net income of $720,720 in 2020 and had 127,000 common
What would be the value of the firm if it issued : The firm has no debt in its capital structure. Its cost of equity is 10%. What would be the value of the firm if it issued $400 in perpetual debt?
Solve the weighted average number of common shares to use : Solve the weighted average number of common shares to use in calculating the diluted EPS. Assume that the preferred shares are dilutive.
What will be the value of the investment in two : What will be the value of the investment in two years? Round to two decimal places.
Determine for the number of shares to be used : On June 1, 2018, Determine for 2020 the number of shares to be used in calculating Basic earnings per share and Diluted earnings per share.
Prepare the journal entries for this transaction : For each of the following terms of payment, prepare the journal entries for this transaction for the years ended December 31, 20x0, 20x1 and 20x2
Value of the investment in two years : What will be the value of the investment in two years? Round to two decimal places.
Calculate diluted earnings per share for the year ended dec : Assume that 7 of the 46 bonds were converted on July 1, 2020. Calculate diluted earnings per share for the year ended December 31, 2020

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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