Compounded semi-annually in order to pay off the debt

Assignment Help Financial Management
Reference no: EM131593430

A company has a debt of $59,000 due in 8 years. How much money must it deposit at the end of each half-year into a sinking fund at 5 % interest compounded semi-annually in order to pay off the debt?

Reference no: EM131593430

Questions Cloud

Does the universe created for the story : Does the universe created for the story by the author care? Write about the concept of destiny and how it applies to the character
Evaluate approximate benefits of investment you identified : Evaluate the approximate costs and benefits of investment you identified, explaining how these would affect your spreadsheet projections and business decisions.
Find the sustainable and internal growth rates for firm : Find the sustainable and internal growth rates for a firm. asset turnover = 1.50; profit margin = 6%.
What is the opportunity cost : Consider the revenues and costs in 2013 for an? Alberta-based furniture company entirely owned by Mr. Harold Buford.
Compounded semi-annually in order to pay off the debt : How much money must it deposit at the end of each half-year into a sinking fund at 5% interest compounded semi-annually in order to pay off the debt?
Monthly household expenditures : Brandon allocates his total monthly household expenditures between only two? goods, restaurant meals and? "all other? goods."
Define what other visual aids or technologies : what the ideal location would be for giving the presentation, and what other visual aids or technologies
Research one australian tourism or hospitality company : For this project, you need to research one Australian tourism or hospitality company and report what distribution channels it uses to deliver its products
What is the firm sustainable growth rate : What is the firm’s sustainable growth rate? If the firm grows at its sustainable growth rate, how much debt will be issued next year?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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