Completion of the contract

Assignment Help Business Management
Reference no: EM131064358

Suppose you have just signed a professional contract to play cricket in Argentina.  The contract is for 4 years and is as follows.  You get an immediate signing bonus of $280,000, followed by four years of quarterly payments of $75,000.  Finally, you will receive a lump sum payment of $350,000 at the completion of the contract.

You plan to invest half of your signing bonus and 20% of all other payments in an account that earns 7.5%, compounded quarterly.  Given this, and assuming no other payments, how much would you have cumulatively in the account at the end of 20 years?

Reference no: EM131064358

Questions Cloud

Analysis the current situation and the recent evolution : Analysis of the current situation and the recent evolution of this market. Degree of competitiveness and pricing policies: Price discrimination, markups.
How the information gained from the study can be applied : Journal Article Review Paper: Search for an interesting article from the past five years (e.g. Journal of Positive Psychology. Pick a study of interest to you, and then summarize and critique it. Things to discuss are the design of the study (e.g...
Problem regarding the option valuation : Rebecca is interested in purchasing a European call on a hot new stock, Up, Inc. The call has a strike price of $100 and expires in 90 days. The current price of Up stock is $120, and the stock has a standard deviation of 40% per year. The risk-fr..
Theoretical frequency distribution of the number : A man has four cars for hire. The average demand on a weekday is for two cars. Assuming 312 weekdays per year, obtain the theoretical frequency distribution of the number of cars demanded during a weekday.
Completion of the contract : Suppose you have just signed a professional contract to play cricket in Argentina.  The contract is for 4 years and is as follows.  You get an immediate signing bonus of $280,000, followed by four years of quarterly payments of $75,000.  Finally, ..
A poisson distribution with a mean of one : The number of accidents per day on a particular stretch of motorway follows a Poisson distribution with a mean of one. Find the probabilities of 0, 1, 2, 3, 4 or more accidents on this stretch of motorway on a particular day.
Write an analysis paper about vietnam and an african country : Write an analysis paper about Vietnam and an African country. but this is the writer's choice. Two countries in different regions. I want to you to analyze/examine.
Problem regarding the two loan options : What is the difference in the amount of interest you would pay with the two loan options?
Explain the purpose and use of a psychological autopsy : Identify the psychological issues that the officers and their families might experience. How would the results of your written report affect these individuals? As the police psychologist, how would you address the psychological and emotional needs..

Reviews

Write a Review

Business Management Questions & Answers

  Explain employment background reports

Explain employment background reports are ones that includes professional reference interviews and criminal reports

  Leadership and good strategy development

Leadership and Good Strategy Development - What other leadership competencies are critical to good strategy development

  What you need to know about financial management

Use both the TLC and WLC estimation methods to create what you estimate to be the microcosts in the evaluation of the supplier proposal.

  Planning process for a firm

You are involved in the planning process for a firm that is expected to have a large increase in sales for the next year. Which type of firm would benefit the most from that sales increase:

  Determine the elements of valid contract

Describe the elements of valid contract, and critically discuss how consumers and banks each have a duty of good faith and fair dealing in banking relationship.

  Measure a services company

Discuss how do you measure a services company and discuss ow does a services company increase its efficiency?

  Expalin how does a binding arbitration work

Expalin how does a binding arbitration work? Should companies be allowed to adopt a binding arbitration requirement for their current employees in which employees surrender their rights to litigate empoyment disputes through the court system?

  Investigate a specific issue related to substance

Evaluate the benefits of Indian educational programs that support heritage language proficiency through bilingual or immersion programs, such as the Salish School of Spokane.

  Survival instinct or closed mindwhen we consider how

survival instinct or closed mind?when we consider how quickly we find out what is happening in iraq and the rest of the

  Social media changed the landscape for a start-up

Describe both the importance of and challenges created by social media's impact on marketing for a start-up business.

  Predict the success of the supermarket''s slogan

Propose two or three effective ways the company can use customer complaint information to improve their service. Explain why these actions would be effective.

  How did the cognitive distortion affect critical thinking

How will you avoid using this cognitive distortion in the persuasive essay you are writing for this class?

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