User Account

All Pages

Calculate the present value of the fund

Assignment Help Financial Accounting
Reference no: EM132988368

Problem 1: Based on his father's arrangement, Loga is to get RM115,000 on his 25th birthday, which is five years away. The fund has been deposited with a bank and Loga wants to find out the present value of the fund. Loga also found out that banks, in general, are offering a 5% interest rate. Calculate the present value of the fund.

Reference no: EM132988368

Questions Cloud

How much most deposit today in order to receive an annuity : How much most you deposit today in order to receive an annuity payment of RM1,800 per month for the next 20 years upon retirement?
Is sun wee better or worse off with the arrangement : Is Sun Wee better or worse off with this arrangement? Sun Wee has just received a special lottery reward of RM1.5 million. Today the government will issue
Ethics were challenged professionally : Have you ever been placed in a situation where your ethics were challenged professionally?
Determine what is the present value of annuity : Payment are made at the end of each month. If he uses a discount rate with an annual return of 7%, what is the present value of his annuity?
Calculate the present value of the fund : Calculate the present value of the fund. Based on his father's arrangement, Loga is to get RM115,000 on his 25th birthday, which is five years away.
Challenges of public sector collective bargaining : Discuss right to strike and its impact on private and public employees. Identify and explain some of the challenges of public sector collective bargaining.
How much should invest now to buy that car : How much should he invest now to buy that car? Badang wants to have RM5,000 in his bank account to buy a brand new Volvo car in four years' time.
Explain how people from different countries who speak : Explain how people from different countries who speak the same language may still miscommunicate.
Norris-laguardia act-the wagner act : Several national labor policies were created with the establishment of unions. Discuss the impact of the Norris-LaGuardia Act, The Wagner Act,

Reviews

Write a Review

Financial Accounting Questions & Answers

  What would be the interest expense component

What would be the interest expense component of the second month's $600 payment - The warranty liability as at the end of the 2017 year was

  Question 1 backgroundcochlear limited is a publicly listed

question 1 backgroundcochlear limited is a publicly listed company on the asx australian securities exchange which

  Compute the overhead variancesconsider the following data

compute the overhead variances.consider the following data for the rivera companyfactory overheadfixed variableactual

  Investor who had owned the security had purchased

A worthless security (not § 1244 stock) became worthless on April 6, 2014. The investor who had owned the security had purchased it on November 6, 2013 and had a basis of $20,000 for it.

  Record fuzzy monkeys investment on bonds on january

How would Fuzzy Monkeys 2021 statement of cash flows be affected by this investment? (If more than one approach is possible. indicate the one that)

  Calculate the cost of ending inventory

Using the following information, calculate the cost of ending inventory on December 31, 2011 using dollar-value LIFO.

  Find which section of aspe should be applied for the issue

Find Which section of ASPE should be applied for this issue. In January 20X1, Orion invested in a business called Dinner for Eight Lid. (DFEL)

  How much is the total debenture bonds

Bonds maturing on a single date secured by realty - P1,800,000; Collateral trust bonds - P2,000,000. How much is the total debenture bonds

  Prepare tabular summary to record the events

Prepare tabular summary to record the events. Adjustment at December 31, 2017, to record subscription revenue in December 2017.

  Critically review the financial sustainability of charity

Drawing on your analysis of the performance of the Charity, prepare break-even analysis and critically review the financial sustainability of the Charity

  What is the value of call option for swiss franc

WHAT IS THE VALUE OF CALL OPTION? What is the Value of a six-month call option with a strike price of $0.6820 should sell for in a rational market?

  Write down the journal entry in staggerwing ledger

Write down the journal entry (if any) in Staggerwing's ledger in relation to the sale of the gift certificate and the sale of the goods

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