Find how much will have to deposit now in an account

Assignment Help Accounting Basics
Reference no: EM132929622

Problem 1: You want to have a $ 54,516 college fund in 23 years. How much will you have to deposit now in an account with an APR of 6.3 % and monthly compounding?

Reference no: EM132929622

Questions Cloud

Implementing programmes in corporate social responsibility : Identify and discuss ways in which the HR function can contribute to corporate citizenship through implementing programmes in corporate social responsibility, c
Discuss the various hazards in the workplace : Discuss the various hazards in the workplace.
How will his income be treated : SCOTT, age 12 has Apple stock. He is paid $1,000 in dividens in 2019. He makes $200 from babysitting, How will his income be treated
Eaxplain the criterion of ensuring data : 1.explain the criterion of ensuring data is processed in project management phenomenon
Find how much will have to deposit now in an account : You want to have a $ 54,516 college fund in 23 years. How much will you have to deposit now in an account with an APR of 6.3 % and monthly compounding?
Explain the difference between cobra and hipaa : Explain the difference between COBRA and HIPAA?
Analysis of traditional and modern technologies : 1. Explain what is similar between Durkheim and Tonnies analysis of traditional and modern technologies. Why do you think they favor modern societies more?
Discussing government entitlement programs : Discussing these government entitlement programs at the federal, state, and local levels.
Calculate the npv of accepting the special sale : Calculate the NPV of accepting the special sale with the assumed positive relevant profit of $10,000 per year (i.e., the special sales alternative).

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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