User Account

All Pages

Find the cash value of the property bought in installment

Assignment Help Accounting Basics
Reference no: EM133050891

Question - Solve the following problems regarding ordinary annuity and annuity due completely. Use the formula and show complete solutions.

1. At what rate compounded monthly is 340,000 the present value of an annuity of 8,500 paid at the end of each month for 10 years?

2. Find the cash value of the property bought in installment, paying 2,500 at the beginning of each month for 3.5 years if the interest is at 9% compounded monthly?

3. How much must be paid at the beginning of each 6 months in order to discharge a debt of 60,000 due at end of 2 1⁄2 years if interest is at 7.5 % compounded semi- annually?

4. If money is worth 10% compounded semi-annually find the amount and the present value of an annuity due paying 15,000 semi-annually for 4 1⁄2 years?

5. The premium on an insurance policy are 5,000 per quarter, payable at the beginning of each quarter. If the policyholder wishes to pay one year premium in advance, how much should be paid, provided that the interest rate is 4% compounded quarterly.

Reference no: EM133050891

Questions Cloud

Facebook ban alex jones and louis farrakan : What kind of speech was the First Amendment written to protect? Why did Facebook ban Alex Jones and Louis Farrakan?
Major consequences for individuals : 1. What are some of the major consequences for individuals that obsess over their work performance?
Differences in architectures and operating systems : How Process migration within a heterogeneous network is usually impossible, given the differences in architectures and operating systems.
Overall quality of the company performance : As a network news reporter for NCU news. What would be the focus of writing a summary about the process improvement efforts, grading the story about Progressive
Find the cash value of the property bought in installment : Find the cash value of the property bought in installment, paying 2,500 at the beginning of each month for 3.5 years if interest is at 9% compounded monthly
Describe the six features of social commerce : Describe the six features of social commerce. Provide an example for each feature, describing how a business could use that feature for selling to consumers onl
Create nosql database : Create NOSQL Database. Build a small one web page or write javascript program to call these functions.
Communication methods in international business : 1. What are the concepts of culture, multiculturalism and diversity from the perspective of customs and values ??in face-to-face and virtual space that are obse
Main features of good leadership : Explain FOUR (4) main features of good leadership. Provide examples for each component to support your answer.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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