Determine the value of each of the next five payments

Assignment Help Financial Accounting
Reference no: EM132916704

Problem 1: The present value of an annuity using an effective annual discount rate of 12% is $40,043.69. This annuity consists of 9 annual payments with the first four payments being $8,000 each starting today. Determine the value of each of the next five payments, assuming they are of equal size.

Reference no: EM132916704

Questions Cloud

What the amount of abc accounts receivable is : 60% of customers take the discount and pay on day l0 while the rest of the customers pay on day 30, the amount of ABC's accounts receivable is
What total dividends will be paid : If ABC follows a residual dividend policy, what total dividends will be paid? The company needs ?5,000,000 for new investments and plans to finance 70%
Calculate FBT liability for the mobile phone : The Bank provided loans totalling $5,000,000 in mortgage loans, equally to 10 of its staff during the year. Calculate FBT liability for the mobile phone
What is the market value of the firm of ABC Company : Debt capitalization rates are 12 percent and 8 percent, respectively. Assume no corporate income taxes. What is the market value of the firm?
Determine the value of each of the next five payments : Determine the value of each of the next five payments, assuming they are of equal size. The present value of an annuity using an effective annual discount
Communicate my plan to students caregivers : How and when will I explain my classroom management plan to students? How and when will I communicate my plan to students' caregivers?
How much andrew has invested in the growing perpetuity fund : Andrew has just retired and has received a lump sum pay-out of $2,000,000. Calculate how much Andrew has invested in the growing perpetuity fund
What the cost of the preferred stock was : The cost of issuing and selling the stock was ?2 per share. The firm's marginal tax rate was 30%. The cost of the preferred stock was?
How much outstanding shares does firm have after make stock : ABC distributes a 20% stock dividend. Before distributing stock, How much outstanding shares does the firm have after it makes the stock dividend distribution?

Reviews

Write a Review

Financial Accounting Questions & Answers

  How flexible and static budget can impact specific situation

Give Kayleigh some advice on budgeting, including discussion of how flexible and static budgets can impact her specific situation.

  Difference between a stock dividend and a stock split

Write a paragraph that explains the difference between a stock dividend and a stock split - Explanation about the main differences between a stock dividend and a stock split.

  What is the duration of a bond

What is the duration of a bond with three years to maturity and a coupon of 7 percent paid annually if the bond sells at par?

  What is the bond capital gain or loss yield

What is the bond's capital gain or loss yield? What is the bond's yield to maturity? What is the bond's current yield? What is the bond's yield to call?

  Question to conceal defalcations involving receivables the

question to conceal defalcations involving receivables the auditor could expect an experienced bookkeeper to charge

  Monica has followed your advice and on january 11 2012 she

monica has followed your advice and on january 11 2012 she deposited 10000 into a business bank account for pbp and

  What is the tax expense reported on the income statement

The company reported $12,000 of depreciation expense on its income statement in 2010 and $18,000 in 2011. What is the tax expense reported on income statement

  Which is a noncash deduction

Which the is a noncash deduction? If we can pinpoint the cash costs and cash inflows to a company that will result from a project

  Prepare depreciation schedule for six years

The company estimates that the equipment will have a residual value of $27,000. Prepare depreciation schedule for six years

  Determine the cost of forgoing the discount

Should Simple? Simon's enter the loan agreement with the bank and begin taking the? discount? Determine the cost of forgoing the discount

  Prepare a consolidated statement of comprehensive income for

The statements of financial position of Mars plc and Jupiter plc at 31 December 20X2 are as follows: Prepare a consolidated statement of comprehensive income for the year ended 31/12/20X2

  Profit performance effects for variable manufacturing cost

profit performance effects for variable manufacturing cost variance.the markley division of rosette industries

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