Calculate the value of a single payment to be made

Assignment Help Accounting Basics
Reference no: EM132564562

Question - A payment of $3000 is due in 2 months and another payment of $5600 is due in 8 months. Calculate the value of a single payment to be made in 4 months that is equivalent to these two payments if money earns 4% p.a. simple interest.

Reference no: EM132564562

Questions Cloud

Explain the main conceptual issue under variable costing : Explain the main conceptual issue under variable costing and absorption costing regarding the timing for the release of fixed manufacturing overhead
Prepare the journal entries to record the share issues : Prepare the journal entries to record the above share issues. Prepare the shareholders equity part of the balance sheet in Dec 31, 2018
Explain between variable costing and absorption costing : Differences in operating income between variable costing and absorption costing are due solely to accounting for fixed costs. Do you agree? Explain.
Discuss the types of foreign exchange exposures : Discuss the types of foreign exchange exposures of "Brookfield Asset Management" Company (Long Answer, References included)
Calculate the value of a single payment to be made : A payment of $3000 is due in 2 months and another payment of $5600 is due in 8 months. Calculate the value of a single payment to be made
Generous dynamics maintains an inventory : Generous Dynamics maintains an inventory of 4000 ounces of gold. The company is interested in protecting the inventory
What the production and unit sales volume level is : What The production and unit sales volume level at which Valley will be indifferent as to whether Part BT62 or GM17 is produced is
Interest group consultant simulation : You will be pretending to be a consultant for an interest group. You will be charged with helping that interest group better achieve its goals
Define public policy : Define public policy. How does public policy serve society, meaning what does it provide and Define the Policy Liberalism Index and explain two ways

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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