User Account

All Pages

Amount of the special savings contribution

Assignment Help Financial Management
Reference no: EM131978750

Milos wants to have 166,936 dollars in 10 years. Milos plans to make regular savings contributions of 5,670 dollars per year for 10 years, with the first of these regular savings contributions made later today. In addition, Milos expects to make a special savings contribution of X in 2 years. He expects to earn 14.92 percent per year. What is X, the amount of the special savings contribution that Milos will make in 2 years from today?

Reference no: EM131978750

Questions Cloud

Prepare a schedule of expected cash receipts from debtors : Accounting and Finance for Executives – UUAC5300 - Prepare a schedule of expected cash receipts from debtors for January and February, 2018, support your answer
What interest rate as percentage must the investment earn : If the firm must have $20 million when the mine is closed, what interest rate as a percentage must the investment earn?
Case-sealing machine to replace current hand methods : A cannery is considering installing an automatic case-sealing machine to replace current hand methods.
Preparing common-sized income statement : When you're preparing a common-sized income statement, which of the follwoing measures is set to equal 100 percent?
Amount of the special savings contribution : What is X, the amount of the special savings contribution that Milos will make in 2 years from today?
Create CASH FLOW DIAGRAM that represents Jim purchase : He paid for the vehicle once a month each month, Create a CASH FLOW DIAGRAM that represents Jim’s purchase.
Internal rate of return on this investment : What was Taylor's internal rate of return (IRR) on this investment?
Examining and reporting on the market performance : Illustrate and explain using a diagram, what affect this behavior is most likely to have on the allocation of factors of production
What is the yield to maturity on the company debt : What is the CAPM required return on the corporation’s stock? What is the yield to maturity on the company’s debt?

Reviews

Write a Review

Financial Management Questions & Answers

  Would afb be more likely to be adversely affected

Would AFB be more likely to be adversely affected by an increase or a decrease in interest rates? Explain why.

  Personal and enterprise risk comprehensive risk management

Traditional risk management has unlimited-scope to pure loss exposure including property, liability. personal and enterprise risk comprehensive risk management

  Discuss fraud involving concealed liabilities and expenses

Discuss fraud involving concealed liabilities and expenses, red flags associated with the fraud, and ways in which forensic accountants identify/detect them.

  What is the amount of the firms current assets

Killer Whale, Inc., has the following balance sheet statement items: total current liabilities of $889,551; net fixed and other assets of $1,518,050; total assets of $3,015,920; and long term debt of $830,963. What is the amount of the firm’s current..

  What is amount of net working capital

Your firm has total assets of $4,900, fixed assets of $3,200, long-term debt of $2,900, and short-term debt of $1,400. What is the amount of net working capital

  Create interest rate swap

Suppose you represent a swap bank and now both companies ask you to create an interest rate swap that would help both company save 0.8% in the interest annually

  Presents sales forecasts-what is the net present value

The following table presents sales forecasts for Golden Gelt Giftware. The unit price is $40. The unit cost of the giftware is $30. Year Unit Sales 1 41,000 2 44,000 3 18,000 4 11,000 Thereafter 0 It is expected that net working capital will amount t..

  What is the earnings per share or eps and figure

What is the earnings per share, or EPS, figure? What is the dividends per share figure?

  The direct spot quotes on the pound

The direct spot quotes on the pound in New York are $1.4783 – 91. The 30-day forward quotes in points are (bid - ask) 14 – 9. What is the outright 30-day forward bid quote?

  Most basic type of capital expense risk

_________ is the most basic type of Capital Expense Risk, not taking into account the effects of the portfolio.  ________ is an integral part of the Free Cash Flow Calculation, and is also known as a non-cash expense.

  What equity multiplier is require to double return on equity

UM Graduation Supplies has debt-to-equity ratio of 80%, profit margin of 10%, total sales of 10 million and total assets of 5 million. The president is unhappy with the current return on equity, and he thinks it could be doubled. This could be accomp..

  Calculate the cost of equity using the DDM method

Floyd Industries stock has a beta of 1.25. The company just paid a dividend of $.40, and the dividends are expected to grow at 5 percent per year. The expected return on the market is 12 percent, and Treasury bills are yielding 5.0 percent. The most ..

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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