What would its future value be

Assignment Help Financial Management

Reference no: EM131989701

1. What's the future value of a 6%, 5-year ordinary annuity that pays $700 each year? Round your answer to the nearest cent.

If this was an annuity due, what would its future value be? Round your answer to the nearest cent.

2. You have just started your first job. you to plan to start saving for retirement early and and invest 1,000 at the end of each year for the next 40 years in a fund that will earn a return of 6%. how much will you have at the end of 40 years?

Reference no: EM131989701

Questions Cloud

What rate have sales been growing : GROWTH RATES Sawyer Corporation's 2015 sales were $5 million. Its 2010 sales were $2.5 million. At what rate have sales been growing?

What are the formulas for these ratios : What are the formulas for these ratios? How do I calculate them?

Purchasing the crusher and not purchasing the crusher : At what cost of capital (required return) is Newton indifferent between purchasing the crusher and not purchasing the crusher?

What is your monthly payment-how much interest will you pay : If you must pay 7.5% compounded monthly , WHAT IS YOUR MONTHLY PAYMENT? HOW MUCH INTEREST WILL YOU PAY?

What would its future value be : If this was an annuity due, what would its future value be?

Find the present values of these ordinary annuities : PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities.

Annual coupon payments-what is the fair value of the bond : The interest rate of similar bonds is currently 9%. Assuming annual coupon payments, what is the fair value of the bond?

What is the borrower total cash outlay every sixth months : What is the borrower’s total cash outlay every 6 months?

What is the? bond yield to maturity : What is the? bond's yield to maturity? (expressed as an APR with semiannual? compounding)?

User Account

All Pages