About the annual interest

Assignment Help Financial Management

Reference no: EM13813455

You invest $3200 today. One year from today you invest $4500. Finally, two years from today you invest $5000. Your account earns 12.5% annual interest, compounded annually. How much is in the account immediately after the last deposit? How much is in the account three years from today?

Reference no: EM13813455

Questions Cloud

Two bond issues outstanding : Erna Corp. has 6 million shares of common stock outstanding. The current share price is $89, and the book value per share is $8. Erna Corp. also has two bond issues outstanding. The first bond issue has a face value of $85 million, has a coupon of 6 ..

Calculate mean stitching time and the standard deviation : A machine cost $60,200; it has an estimated residual value of $6,000 and an expected life of 300,000 units. What would be the depreciation in year three if 60,000 units were produced? Calculate the mean stitching time and the standard deviation to th..

Use sensitivity analysis and scenario analysis : If you were the CFO of a company that had to decide on hundreds of potential projects every year, would you want to use sensitivity analysis and scenario analysis or would the amount of arithmetic required take too much time and thus not be cost-effe..

Different account that pays compounded semi annually : Debra deposited $1000 five years ago in an account that paid 4% annually. But three years ago she moved her money to a different account that pays 5% compounded semi annually. How much does she have in her account now?

About the annual interest : You invest $3200 today. One year from today you invest $4500. Finally, two years from today you invest $5000. Your account earns 12.5% annual interest, compounded annually. How much is in the account immediately after the last deposit? How much is in..

Prepare journal entries for common stock issued : Prepare journal entries for common stock issued above par value and draw up a Balance Sheet showing how these entries are reflected therein. Please explain in a word document and should be 1 page minimum.

Required take too much time and thus not be cost-effective : If you were the CFO of a company that had to decide on hundreds of potential projects every year, would you want to use sensitivity analysis and scenario analysis or would the amount of arithmetic required take too much time and thus not be cost-effe..

About the future value : What is the future value of $1,270 in 16 years assuming an interest rate of 9 percent compounded semi annually? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations.

Present value-assume the appropriate discount rate : An investment will pay you $75,000 in nine years. Assume the appropriate discount rate is 6 percent compounded daily. What is the present value?

User Account

All Pages