Calculate the present value of annuity

Assignment Help Financial Management
Reference no: EM131985640

Alex purchases an annuity that makes 15payments of $2100. The first payment occurs one year from today, and each subsequent payment occurs two years after the preceding payment. The annual nominal interest rate convertible semiannually is 5%.

Calculate the present value of the annuity.

Reference no: EM131985640

Questions Cloud

What number of shares is this EPS based on : What were Costco's diluted earnings per share in 2015 ? What number of shares is this EPS based on?
How much farther did claire ride than jonas : Jonas was able to stay on for 3/32 of a mile, while Claire was able to ride for 5/8 of a mile. How much farther did Claire ride than Jonas?
What is the amount of debt per? person : What is the amount of debt per? person? Use scientific notation to solve the problem.
Theories or nuances you studied in financial management : List the two concepts, techniques, theories or nuances you studied in Financial management
Calculate the present value of annuity : Alex purchases an annuity that makes 15payments of $2100. Calculate the present value of the annuity.
Completed the purchase of new dell computers : Wildhorse Inc. has completed the purchase of new Dell computers. What is the interest rate, to nearest percent, used in discounting this purchase transaction?
What is the most you are willing to pay per acre : There is a property that you are interested in purchasing that is not currently listed for sale. what is the most you are willing to pay per acre?
Most recent year and weighted average cost of capital : Estimate return on capital (adjusted for leases) in the most recent year and weighted average cost of capital.
What real rate of return : Suppose that you buy a 1-year maturity bond with a coupon of 7.2% paid annually. what real rate of return will you earn if the inflation rate is 2%? 4%? 8.30%?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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