Determine the future worth of the cash flow

Assignment Help Financial Management

Reference no: EM131323214

Bill considers himself an average cigarette smoker for the consumes about a carton a week. He wonders how much he could accumulate by the time he reaches 65 if he quit smoking and put his cigarette money into a savings account. Cigarettes cost Per, carton. Bill expects that a savings account would earn 4% interest, compounded semiannually. Compute Bill's future worth at age 65.

The following amounts are to be deposited into a account: Determine the future worth of the cash flow based on an interest rate of 12% per year, compounded annually.

Reference no: EM131323214

Questions Cloud

What is unique about your product portfolio : What is unique about your product portfolio? How will you tell the consumer about your products and unique value proposition? How will you stay connected to your target market's needs and wants?

What four goals should a debriefing accomplish : Why do some people object to the use of deception in research? - What four goals should a debriefing accomplish?

Compute the total cost with the forward rate : Intel Corporation has Euros 100 million payables due in 90-days. The current spot exchange rate is $1.2025/Euro. The 90-day forward rate is $1.2100/Euro. If Intel wants to hedge its payables in Euro 100 million, suggest a suitable hedging strategy u..

Describe milgram study and discuss ethical issues it raised : How do researchers maintain the confidentiality of participants' responses?- Describe the Milgram (1963) study and discuss the ethical issues it raised.

Determine the future worth of the cash flow : Bill considers himself an average cigarette smoker for the consumes about a carton a week. He wonders how much he could accumulate by the time he reaches 65 if he quit smoking and put his cigarette money into a savings account. The following amounts ..

What might be meant by a minimum spanning wt : Spanning trees: Given a node It in a &rested graph S. for which there is at least one path from every node in S ton, state a precise definition for a spanning tree of 9 rooted at n. Then think of what might be meant by a minimum spanning Wt.

What are some examples of scientific misconduct : Discuss the pros and cons of using nonhuman animals in behavioral research.- What are some examples of scientific misconduct?

What are ethical considerations of changes you have selected : What are the changes you think the company should make based on the variance analysis? What will the changes accomplish? What are the ethical considerations of the changes you have selected?

How consolidation reporting issues affected the construction : Explain how consolidation reporting issues affected the construction of Lehman Brothers consolidated financial statements

User Account

All Pages