User Account

All Pages

Estimate what is the present value of the investment

Assignment Help Financial Accounting
Reference no: EM132498858

Question 1: Jacob is saving up for a down payment on a car. He plans to invest $2000 at the end of every year for 5 years. If the interest rate on the account is 2.25% compounding annually, what is the present value of the investment?

Option 1: $5,666.58

Option 2: $10,461.24

Option 3: $9,358.91

Option 4: $37,731.88

Reference no: EM132498858

Questions Cloud

What is the effect on the taxpayers taxable income : An individual taxpayer has the following gains and losses from property transactions. What is the effect on the taxpayer's taxable income?
ICTSAD505 Develop Technical Requirements for Business : ICTSAD505 Develop Technical Requirements for Business Solutions Assignment Help and Solution - Academies Australasia Australia. Part A-Development methodologies
Calculate the accounting break-even and the cash break-even : Calculate the accounting break-even and the cash break-even points. Ignore any tax effects in calculating the cash break-even.
Relationship between the us and cuba in the 1960 : Explain The relationship between the U.S. and Cuba in the 1960's (include the bay of pigs and the Cuban Missile Crisis).
Estimate what is the present value of the investment : At the end of every year for 5 years. If the interest rate on the account is 2.25% compounding annually, what is the present value of the investment?
Courts power change before and during the civil war : Looking at the Scott v Sandford and the Prize cases how did the courts power change before and during the Civil War? Think of powers, constituency, organization
Develop a stable government : Why did the first settlers come to Texas as part of Austin's colony and why was it so difficult for the new nation of Mexico to develop a stable government?
Negative effects of the cold war on african americans : Discuss were the positive and negative effects of the Cold War on African Americans.?
How much assuming the growth of the economy : 1000 per month for the next 25 years. Which is the deal for Rudy , and by how much , assuming the growth of the economy is 2.75% per year ?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Estimate which business is more profitable from observations

Training employees to use standard amounts of materials in production is common. Typically large companies invest in this training but small organizations do not. One can observe these different practices in a trip to two different pizza businesses. ..

  Zach taylor is settling a 27000 loan due today by making 6

zach taylor is settling a 27000 loan due today by making 6 equal annual payments of 6018.83. what payments must zach

  Why you would invest in wal-mart

Why you would invest in Wal-Mart (or Target) In this case you should refer to trends and poor ratio outcomes that are indicative of less profits going forward.

  What websites or what study tools can use to study cash flow

What websites or what study tools can use to study cash flow and balance sheets and other topics and computations in financial management ?

  Does diamond recording of the momentum and why

Does Diamond's recording of the momentum, payments comply with the Generally Accepted Accounting Principles (GAAP)? Why or why not?

  The fells point companys plant asset and accumulated

the fells point companys plant asset and accumulated depreciation accounts had the following balances on december 31

  Should ira follow the friends advice

Ira Cook is planning to make a charitable contribution to the Boy Scouts of Crystal, Inc. stock worth $20,000. The stock has an adjusted basis of $15,000. A friend has suggested that Ira sell the stock and contribute the $20,000 in proceeds rather th..

  Compute the apple inc debt to equity ratio at year-end

Compute the Apple Inc's debt to equity ratio at year-end. How does it compare to the industry? What does this tell you about the Apple Inc ?

  What is importance of developing computer facility controls

What is the importance of developing computer facility controls? Explain in your response the risk of an organization failure to develop computer facility controls.

  What is the contribution margin ratio for bert company

Bert Company budgets sales of $900,000, fixed costs of $36,500, and variable costs of $162,000. What is the contribution margin ratio for Bert Company?

  Compare financial position of two companies in same industry

A brief overview of where you (the group) sees the industry is heading, given the information that has come to light in your analysis; additional information provided by the board of directors in the annual reports; and any recent media reports in..

  What is mission of the us government accountability office

What is the mission of the US Government Accountability Office? What role does the GAO play in government? What do the term GAO play mean

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd