User Account

All Pages

Calculate the value at the end of year two

Assignment Help Financial Accounting
Reference no: EM133005939

Problem 1: A company has just sold a product with the following payment plan: $75,000 today, $50,000 at the end of year 1, and $25,000 at the end of year two. If the payments are deposited into an account earning 4.5% per year, calculate the value at the end of year 2.

Select one:

a.$175,536
b.$145,740
c.$185,643
d.$159,152

Reference no: EM133005939

Questions Cloud

How many years will take to pay off the loan : You borrow $10,000 to buy a car. You agree to pay $207.58 monthly. If your APR is 9%, how many years will it take for you to pay off the loan?
How long will have to wait if do not add additional money : You currently have $500 and the furniture you want costs $600. If you can earn 6%, how long will you have to wait if you don't add any additional money
How can asefis protect itself against this kind of risk : How can ASEFIS protect itself against this kind of risk? Assume that the 2-month MYR:SGD forward rate on the date of the transaction is MYR3.03:SGD1.00
How much is this investment worth today : How much is this investment worth today? An investment that will pay you $200 in one year, $400 in two years, $600 in three years.
Calculate the value at the end of year two : $50,000 at the end of year 1. If the payments are deposited into an account earning 4.5% per year, calculate the value at the end of year 2.
What is the yield mandy will achieve : Ignoring any effects from the mark-to-market rule, what is the yield (simple interest, in per cent per annum) Mandy will achieve on her investment
How much put into account earning four percent per year : How much should you put into an account earning 4% per year in order that you will have the necessary down payment in 5 years time?
What is Jack excepted income : Jack is a resident aged 17 as at 30 June 2020. He earnt the following amounts during the year: What is Jack excepted income
How much money would have saved by the end of year three : How much money would you have saved by the end of year 3? You put $400 end of each quarter in an investment account earning an 8% rate of return.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the zakat amount due for the year

Are there any penalties that Gulf Company must pay to GAZT related to the fiscal year 2019? Calculate the penalties if applicable

  Under the securities act

Under the Securities Act of 1934, which of the following intents as proof against an auditor is incorrect?

  What is the yield to maturity for bonds for blue crab inc

The bonds be 15-year to maturity, Blue Crab, Inc. has determined that bonds would sell for $1,185 each. What is the yield to maturity for these bonds?

  What is the total cost of job

In June, Sierra Company worked only on Job No. 100 and completed it on June 30. There were no prior costs accumulated on Job No. 100 before June 1. During the month, the company purchased and used $10,800 of direct materials, used 2,000 machine-hours..

  Why do firm calculate their weighted average cost of capital

Why do firms calculate their weighted average cost of capital? Directly answer the question first, followed by the related discussion.

  Evaluate the companies as a potential investment

If an investor were considering an investment in one of these companies, which would you recommend based on this data? Explain your response.

  How would an economist best describe the scenario

How would an economist best describe this scenario? Evite wants her sister's cell phone. Her sister wants Evie's television. They come to an agreement

  Find what is the quick ratio rounded to one decimal point

Accounts payable. $31,000. Accounts receivable 62,000. Accrued liabilities 6,000. What is the quick ratio rounded to one decimal point?

  What is the rate of return investors earn on this investment

Assume these investments sell for $317 in return for which you receive $1,000 in 29 years. What is the rate of return investors earn on this investment

  Data relating to balances of various accounts

The 2010 income statement showed interest revenue in the amount of $4,900. You are to provide the missing adjusting entry that must have been made, assuming reversing entries are not made. For each journal entry write Dr for debit and Cr for credi..

  Prepare the journal entry to record the accrual of interest

Ivanhoe Company issued $445,000, 14%, 10-year bonds at face value. Prepare the journal entry to record the accrual of interest on December 31, 2020.

  Prepare the journal entry to record the depreciation

On October 1, 2020 Jazz Corporation purchased a delivery truck for $42,000. Prepare the journal entry to record the depreciation

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