Find the amount of time needed

Assignment Help Finance Basics
Reference no: EM133069109

In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period.

Find the amount of time needed for the sinking fund to reach the given accumulated amount. (Round your answer to two decimal places.)$3500 yearly at 7% to accumulate $100,000.

Reference no: EM133069109

Questions Cloud

What is the expected return of qmi : The returns of a stock, QMI, is described by the following regression rQM I = a + ßrindex + e where a = 0.01% and ß = 1.2 are constants, rindex is the index ret
Define concepts of changing marketing landscape : Define the concepts of the changing marketing landscape. Use articles, internet sources, or marketing textbooks.
Prepare the journal entry for wood to record the sale : Wood estimates a recourse liability of $7,000 associated with the transaction. Prepare the journal entry for Wood to record the sale
Initial cash flow for building project : Marshall's & Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised at $810,000. At the time of the purch
Find the amount of time needed : In the following ordinary annuity, the interest is compounded with each payment, and the payment is made at the end of the compounding period.
Expected return on the market : A stock has an expected return of 11 per cent, its beta is 0.95, and the risk-free rate is 6 per cent. What must the expected return on the market be?
Expected return on the market : A stock has an expected return of 11 per cent, its beta is 0.95, and the risk-free rate is 6 per cent. What must the expected return on the market be?
What option hedge strategy will create : Dose Pharma Limited is facing a court dispute on the side effects of its Coved19 vaccines. As the judgement day is approaching soon, it will have 5,000 shares o
Business current financial health : Explain what the results of your calculations and your comparison indicate about the business's current financial health, providing examples to support your exp

Reviews

Write a Review

Finance Basics Questions & Answers

  Estimate of the company stock price

The company's stock has a beta of 1.5, the risk-free rate is 6%, and the market return is 12.50%. What is your estimate of the company's stock price at the end

  Calculate the quarterly sinking fund payment

You are asked to calculate the quarterly (in arrears) sinking fund payment required to provide for the replacement of a ventilation extractor system

  Finance based important questions

Winder Corporation is a specialty component manufacturer with idle capacity. Management would like to use its extra capacity to generate additional profits

  What is the beta of portfolio

You invest a portfolio 35% of your capital funds in a large-cap equity fund with a beta of 1.13, 20% in a small-cap equity fund with a beta of 1.62,

  What is the net cash flow at time 0 if the old equipment

PC Shopping Network may upgrade its modem pool. It last upgraded 2 years ago, when it spent $85 million on equipment with an assumed life of 5 years

  Imagine that you are the financial manager for a firm and

imagine that you are the financial manager for a firm and your company has a wacc of 4.5. two district managers would

  Determining the performing hedge fund

You learn of a well performing hedge fund. This particular fund charges 2 plus 10 for investments. Although it has performed well in the past, you are concerned

  What were the respective balances of japan doing

While the United States ‘‘suffered'' a current account deficit and a capital account surplus in the 1980s, what were the respective balances of Japan doing?

  Classification of cash inflows and outflows

It is important that an analyst understand the activities that comprise the statement of cash flows, including the disclosure of their individual elements.

  What is the net present value of building

Your company has discovered a new process that lowers the operating cost per gallon to $1.50. Assuming that the competition will never catch up and the market demand is sufficiently high, what is the net present value of building a new plant with ..

  What is the beta of the stock

The standard deviation of the market is 11.9%. What is the beta of the stock?

  How do short term borrowing costs affect the cash discount

Is there a cost associated with taking a cash discount? Is there any cost associated with giving up a cash discount? How do short-term borrowing costs affect the cash discount decision?

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