Evaluating future value of money

Assignment Help Finance Basics
Reference no: EM1327913

Pedro Gonzalez will invest $5,000 at the beginning of each year for next 9 years. The interest rate is 8 percent. What is the future value.

a. $58,471
b. $62,440
c. $67,435
d. $72,435

Reference no: EM1327913

Questions Cloud

Implement an enterprise resource planning system : Would implementing an enterprise resource planning system help streamline operations and achieve efficiencies between operating departments? What major concerns need to be addressed
Why choose database will return the k-th smallest value : as queries are expensive you would like to compute the median using as few queries as possible. Give an algorithm that fins the median value using at most O(logn) queries.
Prepare a forecast for five week moving average : Prepare a forecast for week 11 by using a five -week moving average.
Explain what policies and measures could health care use : Explain What policies and measures could health care administrators use to ensure security of the system and applications and privacy of patients' information and records
Evaluating future value of money : Pedro Gonzalez will spent $5,000 at the beginning of each year for next 9 years. The interest rate is 8 percent. What is the future value.
Why all projects include risk in their project planning : Managing Risk in Project Management and Why should all projects include risk in their project planning? What are some of the drawbacks if risks are not considered?
Estimated elasticity of demand for new brand cars : Illustrate what is the estimated elasticity of demand for new brand cars with respect to the price of gasoline.
Identifying a global leadership team : "Identifying a Global Leadership Team" you developed a strategy for identifying the top 15 percent of talent for development.
Discrimination of wrongful termination : Walker, a clerk typist with the IRS, is a light-skinned African American. Her supervisor is a dark-skinned Africa American.

Reviews

Write a Review

Finance Basics Questions & Answers

  Computation of risk premium on bonds

Computation of risk premium on bonds and what is the default risk premium on the corporate bond

  Calculation of interest rate using effective interest rate

Calculation of interest rate using effective interest rate method

  Computation of net present value and profitability index

Computation of net present value and profitability index of a project and expected net cash flows of $3,000 a year for 10 years if the project's required return is 12 percent

  Compute the growth duration of each company stock

Compute the growth duration of each company stock relative to the S&P Industrials and evaluate the growth duration of Company A relative to Company B.

  Computation of expected rate of return using capm approach

Computation of expected rate of return using CAPM approach and what is the default risk premium on the corporate bond

  Declaration of dividend and payment of dividend

Journal entries to record issuance of stock, declaration of dividend and payment of dividend - Write journal entries to show the effect of issuance of common stock and preferred stock on January 1, 2008.

  Analyzing capital investments

Consider a methodology to supplement the traditional methods for evaluating the capital investments of Johnson Controls int he emerging markets to reduce risk providing a rationals of how risk will be reduced.

  Computation of cost of sales

Computation of Cost of sales at given level of finished inventory - If the company transferred $222,000 of completed goods from work in process to finished goods inventory during September, what was the cost of goods sold for the month?

  Computation of present value of a liability

Computation of present value of a liability and Miner Industries develops an open pit uranium mine

  Calculating time value of money

Your annual salary is $100,000. Every year for the next 30 years you plan to save 10 percent of your salary and invest-How much will you have in your account at the end of 30 years if your salary grows at 4 percent per year?

  Describe accounts receivables

Describe Accounts Receivables and also needs to increase its level of inventory to support new sales and that inventory turnover is four times

  Computation of profit margin and ebitda coverage ratio

Computation of profit margin and EBITDA coverage ratio and The firm had no amortization charges

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