Find the present value of cash flows

Assignment Help Finance Basics
Reference no: EM132538557

You have accumulated some money for your retirement. You are going to withdraw $54,477 every year at the end of the year for the next 21 years. How much money have you accumulated for your retirement? Your account pays you 12.10 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows.

Round the answer to two decimal places.

Reference no: EM132538557

Questions Cloud

What is the coupon payment for bond : A 10 10?-year bond with a face value of $ 1 comma 000 $1,000 has a coupon rate of 6.50%?, with semiannual payments.
Identify table and columns that change impacts : Review the addiitonal requirements for the new system (that the current system cannod do) on page 64 (also copied below) and identify any changes.
Which ratios would each group be most interested : If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, which ratios would each group be most interested in
Major external threats facing chipotle : What are the four major external threats facing Chipotle and the four major opportunities?
Find the present value of cash flows : Your account pays you 12.10 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows.
Buy the stock maximum-xerox company : The Xerox Company last paid their dividend of $2.5 to the stockholders. For the first 4 years the dividend will grow at a 6% and then the rate of growth changes
What is the yield spread of the ford bond : You are interested in a 10-year Ford bond, which is trading at a yield to maturity of 4.1%. The most recently issued 10-year Treasury bond had a yield of 2.1%.
Why is the pmp certification well respected in it industry : In 80 words or more why is the the PMP certification well respected in the IT industry, and in most cases, why do organizations require their Project Managers.
Major pieces of labor legislation : Describe the main features of at least three major pieces of labor legislation. What is a grievance? What would you do to develop a grievance procedure?

Reviews

Write a Review

Finance Basics Questions & Answers

  Replacing an existing production line

ACME Manufacturing is considering replacing an existing production line with a new line that has a greater output capacity and operates with less labor than the existing line. The new line would cost $1 million, have a five-year life, and be depre..

  A company purchased 25000 worth of inventory the terms of

a company purchased 25000 worth of inventory. the terms of sale were 25 net 45. whats the implicit interest if a buyer

  Economic order quantity model

Appliance for less is a local appliance store. It costs this store $19.13 per unit annually for storage, insurance etc. to hold microwave in their inventory. Sales this year are anticipated to be 562 units. each order costs $94. The company is uns..

  What is the value of an fra

What is the value of an FRA (forward rate agreement) that will pay the holder 4.0%, compounded annually, for the second year on a principal of $100 million?

  Describing the present value

A firm with a cost of capital of 13.5% has a contract to sell an asset for $230,000 in five years. The asset costs $111,000 to produce today (at t = 0). Find out the maximum annual carrying cost that the firm can bear and still make this an advisab..

  Determine the price of a cup

A coffee shop has a cost of $0.80 per cup of gourmet coffee. They use a mark-up of 200 percent. Determine the price will they charge for a cup of gourmet coffee?

  Hedging with put options- why would a financial

hedging with put options- why would a financial institution holding the stock of hinton co. consider buying a put

  Rank the following according to the degree of credit risk

1 rank the following according to the degree of credit risk highest credit risk 1 lowest credit risk 4i advances

  Uinc currently has zero debt ie wd0 it is a zero growth

uinc. currently has zero debt i.e. wd0. it is a zero growth company and additional firm data are shown below. now the

  Project average accounting return

If the plant has projected net income of $1,754,000, $1,820,500, $1,716,3000, and $1,097,400 over these four years, what is the project's average accounting?

  Utilize financial information during decision making

Mention analytical tools [Comparative balance sheets, trend analysis, sensitivity analysis, etc] that help utilize financial information during decision making

  Determining the value of the project

Crimson inc. is planning to expand its operations in the fish-farming industry. The company needs to raise $30 million in new equity to buy fixed assets.

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