Find the future value of the annuity using the formula

Assignment Help Financial Management
Reference no: EM132061282

$100 is deposited at the end of every week for five years in an account that pays 14%/a, compounded weekly.

a. What type of annuity is this? (I'm assuming it is an ordinary simple annuity)

b. Find the future value of the annuity using the formula.

c. Find the future value of the annuity using a spreadsheet. In your answer include the formulas that you typed. (I need FV formulas with no shortcuts)

d. Find the future value of the annuity using the TVM solver on a graphing calculator or on a website. In your answer, include what values you typed for each parameter.

Reference no: EM132061282

Questions Cloud

Company capital increase and share expansion : Assuming that this year's company's capital increase and share expansion, what factors may lead to price earnings ratio rising from 20 to 90?
Prepare statement of cash flows in good form : Prepare a Statement of Cash Flows in good form. Prove to the CFO that you have completed it correctly.
What is the firm cost of preferred stock : What is the firm's cost of preferred stock if the tax rate is 34 percent and the par value per share is $100?
Priority system for allocating losses is not followed : Determine how a loss of $34,000 would be allocated assuming a priority system for allocating losses is not followed.
Find the future value of the annuity using the formula : Find the future value of the annuity using the formula. Find the future value of the annuity using a spreadsheet.
What are the benefits of creating personal financial plan : What is financial planning? What are the benefits of creating a personal financial plan?
What is the exchange rate risk and foreign exchange rate : What is a foreign exchange rate? What is the exchange rate risk? Which CD should the Detroit investor take and why?
How do they apply to the time value of money concepts : Where in finance would APR or EAR concepts apply? How do they apply to the Time Value of Money concepts we are covering this week?
How would you use binomial option model to price put options : How would you use binomial option model to price put options? Consider a put option on a stock with a strike of $120.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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