Calculating the investment worth for the next six years

Assignment Help Finance Basics

Reference no: EM1312098

Calculating the investment worth for the next six years.

Assume, instead, that Katina has decided she needs $20,000 to begin business. She wants to invest equally amounts at the end of each year for the next 6 years to accumulate the $20,000 needed at the time.

How much will the investment be worth at the end of each of the next six years?

Reference no: EM1312098

Questions Cloud

Making a decision for investment using npv : Making a decision for Investment using NPV - You currently have 200 to invest. Your discount rate is 20%. (i.e. cost of capital). You have the opportunity to invest in the following projects. In which project(s) should you invest

Measure of dispersion for given data : The weights (in pounds) of a sample of five boxes being sent by UPS are: 12, 6, 7, 3, and 10.

Elucidates how their possible production : The table elucidates how their possible production every month if both work the same number of 8 hour days. Which of the following statements is correct.

What is the speed of the resulting ball of clay : A cockroach of mass m lies on the rim of a uniform disk of mass 7.00 m that can rotate freely about its center like the merry-go-round. At first the cockroach and disk rotate together with an angular velocity of 0.220 rad/s. Then the cockroach walks ..

Calculating the investment worth for the next six years : Calculating the investment worth for the next six years and wants to invest equally amounts at the end of each year

Determining mean crash damages for vehicles : Research question: Are mean crash damages same for these 3 vehicles? Crash1 Crash Damage ($).

Determining volume of sodium citrate to make 7.5% solution : Determine volume of the sodium citrate in order to make up 7.5% solution. A solution needs 250 ml of a 7.5% (w/v) solution of the tri sodium citrate.

How far apart are the adjacent nodes : A 8.9 dog takes a nap in a canoe and wakes up to find the canoe has drifted out onto the lake but now is stationary. He walks along the length of the canoe at 0.54, relative to the water, and the canoe simultaneously moves in the opposite direction a..

Monopolist product could be either high quality : Suppose that a monopolist's product could be either high quality (H) or low quality (L).

User Account

All Pages