Compute the future value of compounded annually

Assignment Help Financial Management
Reference no: EM131185263

A) Compute the future value of $2,000 compounded annually for 20 years @ 6% (Do not round intermediate calculation & round answer to 2 decimal places)

B) Compute the future value of $2,000 compounded annually for 15 years @ 9% (Do not round intermediate calculations & round answer to 2 decimal places)

C) Compute the future value of $2,000 compounded annually for 25 years @ 6%. (Do not round intermediate calculations & round answer to 2 decimal places)

Reference no: EM131185263

Questions Cloud

What was the annual change in the average selling price : In October 2012, the average house price in the United States was $208,600. In October 2004, the average price was $282,300. Required: What was the annual change in the average selling price?
Calculate the initial price and new price : A bond’s credit rating provides a guide to its risk. Long-term bonds rated Aa currently offer yields to maturity of 5.1%. A-rated bonds sell at yields of 5.4%. Assume a 10-year bond with a coupon rate of 4.6% is downgraded by Moody’s from Aa to A rat..
What is your total dollar return on this investment : Four months ago, you purchased 1,500 shares of Lakeside Bank stock for $21.20 a share. You have received dividend payments equal to $.60 a share. Today, you sold all of your shares for $22.20 a share. What is your total dollar return on this investme..
The sarbanes-oxley act requires public corporations : The Sarbanes-Oxley Act requires public corporations to:
Compute the future value of compounded annually : Compute the future value of $2,000 compounded annually for 20 years @ 6%. Compute the future value of $2,000 compounded annually for 25 years @ 6%.
Make regular savings contributions : Piotr plans to make regular savings contributions of 6,500 dollars per year to his retirement account for 8 years. His first regular contribution to his retirement account is expected in 1 year. How much money does Piotr expect to have in his account..
Making annual savings donations to fund for several years : April wants to create a scholarship fund by making annual savings donations to the fund for several years before the fund starts making annual scholarship payments forever. She plans to save 12,700 dollars per year in the trust fund for 3 years. Her ..
The analyst holds portfolio with market value : Albert the Analyst holds a portfolio with a market value of $900,000 (consisting of a $100,000 investment in each of nine different common stocks). If the portfolio's beta is currently 1.30 and Albert decides to sell one of his stocks that has a beta..
The system will be depreciated straight-line to zero : Your firm is contemplating the purchase of a new $850,000 computer-based order entry system. The system will be depreciated straight-line to zero over its 5 year life. It will be worth $75,000 at the end of that time. You will save $320,000 before ta..

Reviews

Write a Review

Financial Management Questions & Answers

  Stated income program

This is a purchase transaction for $319,000 on a “stated income” program at 7.25% interest 30/30, 1.5pts + CC on a SFR in Lake Forest, CA. The down payment will be $80,000. Long term debts arecredit card debtwith Citibank of $6,897, PNC Bank of $10,4..

  Inflation-recession-high interest rates are economic events

Inflation, recession, and high interest rates are economic events that are best characterized as being

  Company capital structure weights on market value basis

Dinklage Corp. has 6 million shares of common stock outstanding. The current share price is $89, and the book value per share is $8. The company also has two bond issues outstanding. What are the company's capital structure weights on a book value ba..

  What is the equivalent annual annuity for reach plane

Shao Airlines is considering the purchase of two alternative planes. Plane A has an expected life of 5 years, will cost $100 million and will produce net cash flows of $30 million per year. Plane B has a life of 10 years, will cost $132 million and w..

  Cause a project to have multiple irrs

Which of the following can cause a project to have multiple IRRs?

  What is the hospitals current receivable balance

Fargo Memorial Hospital has annual patient service revenues of $14,400,000. It has two major third-party payers, and some of its patients are self-payers. The hospital's patient accounts manager estimates that 10 percent of the hospital's billings ar..

  Suppose the mutual fund in the previous problem

Front-End Loads (LO2) Suppose the mutual fund in the previous problem has a current market price quotation of $21.89. Is this a load fund ? if so, calculate the front end load

  Use as the initial investment in fixed assets

Parker & Stone, Inc., is looking at setting up a new manufacturing plant in South Park to produce garden tools. The company bought some land six years ago for $5.4 million in anticipation of using it as a warehouse and distribution site, but the comp..

  Different compounding frequencies

Marissa has decided to make a $300 monthly investment in a retirement fund. The three funds in which she is interested all pay 3.00% NAR but with different compounding frequencies.. How much will she accumulate in 20 years for each of the three inves..

  Example of an easy or difficult capital budgeting decision

In a recent WSJ article you read that Hulu has stepped up their competition with Netflix by making the decision to invest millions in new movies and TV shows. Do you think this would be an example of an easy or difficult capital budgeting decision? W..

  Company executives responsible for corporate crimes

On Sept. 9, 2015, the Justice Department announced it will “will try harder to hold company executives responsible for corporate crimes.” The Justice Department had followed a policy of prosecuting companies - instead of individuals within a company...

  Find the payback period-NPV-IRR and MIRR of project

Carolina manufacturing company is considering a new project that will cost $200,000, last for 3 years and will generate cash-flows of $100,000 in year 1; $175,000 in year 2; and $50,000 in year 3, respectively. Carolina's required rate of return is 1..

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