Find the present value of cash flows

Assignment Help Finance Basics
Reference no: EM133115665

You have accumulated some money for your retirement. You are going to withdraw $93,498 every year at the end of the year for the next 29 years. How much money have you accumulated for your retirement? Your account pays you 7.69 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: EM133115665

Questions Cloud

Calculate npv and irr of the project : A mining Corporation discovered a new gold vein in the Himalayan Mountains. The Corporation has to decide whether to mine the deposit or leave it.
Implement positive changes in corporation : You've been hired as a consultant to develop strategies with supporting tactics to implement positive changes in the corporation.
Value of a futures contract on a stock index : Four factors affect the value of a futures contract on a stock index. Three of these factors are: the current price of the stock index, the time remaining until
Write a small summary of the article : Using academic databases, find an article that discusses how a company or companies have been impacted by one of the segments in the external environment. Write
Find the present value of cash flows : Your account pays you 7.69 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows.
What is the price of the bond : Sunland Corp. issued five-year bond one year ago with coupon rate of 5.5 percent. If yield to maturity on this bond is 11 percent, what is the price of bond
What is the biggest concern of the investors : What is the biggest concern of the investors before lending the money for the company?
Discuss three dividend policies available : Discuss three dividend policies available to the company as it transforms from being a private to a public entity
Knowledge management and learning initiatives : You are working as employee at hospital. Hospitals are critical for knowledge management/learning initiatives for employees on many different healthcare topics

Reviews

Write a Review

Finance Basics Questions & Answers

  Different loans over the course of the loan

How much total interest would you pay using the three different loans over the course of the loan?

  Personal learning and professional development needs

How can employees address identified learning and professional development needs and what things should they take into consideration?

  Define given terms-stock splits and stock dividends

Stock Splits and Stock Dividends. Bermuda Triangle Corporation (BTC) currently has 465,000 shares of stock outstanding that sell for $86 per share.

  Which unit would you recommend

If the WACC rose to 15% would this affect your recommendation ? EXplain your answer and the reason this result occurred.

  Calculating a confidence interval

For your journal entry, discuss how calculating a confidence interval is similar to or different than gambling.

  Write a brief report summarizing the amounts spent

Write a brief report summarizing the amounts spent during the holidays. Be sure to include the total amount spent, and the percent spent by each group.

  You purchased a stock for 4710 over course of a yr you got

you purchased a stock for 47.10 over course of a yr you got 2.40 per share in dividends and inflation avged 3.4

  What interest are you being charged

You borrow $85,000 from a bank, the annual loan payments are $8,273.59 for 15 years. What interest are you being charged?

  Produces wine and exports to various european countries

McCanna Corp., a U.S. firm has a French subsidiary that produces wine and exports to various European countries. All of the countries where it sells

  How compare market conditions with company performance

Evaluate economic conditions that influence company performance. Consider political, environmental, currency (money), global economics

  Investment in microprocessors change

These shares have a total market value of $300,000. By what percentage will the total value of your investment in Microprocessors change.

  Ryan''s tech to create an it giant with a combined market

Jessi & Jessi (J & J) corp. is trying to acquire Ryan's Tech to create an IT giant with a combined market value of $500 billion. J & J is paying $200 billion for Ryan's. J & J offers to pay the shareholders of Ryan's with stocks. One share of J & J i..

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