How do find what is the future value

Assignment Help Financial Accounting
Reference no: EM132966817

Problem 1: If one wants to retire in 18 years who purchased a stock for $59.88 with a yearly estimated return of 90.15%. Contributing $10000 each year for the next 18 years. What's is the future value?

Reference no: EM132966817

Questions Cloud

What is the effective annual rate of return for investment : Suppose you pay $9,756 for a Treasury bill of $10,000 maturing in six months. What is the effective annual rate of return for this investment?
What are some of the actions a leader can take : What are some of the actions a leader can take to make climate for change and encourage risk-taking? What does it mean to "persevere in the face of challenge"
What is the maximum amount company should be willing to pay : What is the maximum amount the company should be willing to pay an outside supplier per unit for the part if the supplier commits to supplying
What total cost should be recorded : Each share had a market value of P130 and each right had a market value of P20 on the date of issue. What total cost should be recorded
How do find what is the future value : Who purchased a stock for $59.88 with a yearly estimated return of 90.15%. Contributing $10000 each year for the next 18 years. What's is the future value?
How many ordinary shares have been issued and outstanding : 8% Preference shares, P100 par, 30,000 shares authorized, 10,000 shares issued P1,000,000. How many ordinary shares have been issued and outstanding
How do determine how many shares to give : We would be happy to issue her shares, but we are a bit worried about accounting for this transaction. How do determine how many shares to give
Calculate the present value of this perpetuity : A perpetuity has an annual payment of 6 at time 2, 7 at time 3, 8 at time 4, etc. At an annual effective rate of 7%, calculate present value of this perpetuity
Journalise the transactions in the relevant special journals : Journalise the transactions in the relevant special journals. Ignore narrations in the General Journal. Total the special journals.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Calculate the net proceeds if the debt is a discount loan

Calculate the annual percentage rate (APR) if the loan quoted has an add-on rate. Calculate the net proceeds if the debt is a discount loan.

  What is the company asset turnover ratio

Assume that all balance sheet amounts below represent average balance figures for a fiscal year. What is the company asset turnover ratio

  Discuss items in calculating the cost of the special order

Discuss the relevance of each of the Equipment to be used in producing the order has a carrying amount items in calculating the cost of the special order

  Compute the cm ratio and the break-even point in balls

Compute the CM ratio and the break-even point in balls, and (b) the degree of operatingleverage at last years sales level and what will be the new CM ratio and break-even point in balls

  Determine the net income and comprehensive income

On January 1, 2017, Waterway Inc. had cash and common stock of $60,530. At that date, the company had no other asset, liability, or equity balances. On January 2, 2017, it purchased for cash $20,760 of debt securities that it classified as available-..

  Briefly describe metaphors credit card policy

Briefly describe Metaphors credit card policy

  What the plant and equipment turnover is

What the 2016 property, plant and equipment turnover is? The 2016 financial statements for BNSF Railway report the information.

  Provide the journal entry to record grieder payment

Spartan, Inc., regularly sells chemicals to Grieder Supply on terms 4/10, n/30 and records sales at gross. During a recent month, the two firms engaged in the following transactions.

  What the ability of a business to pay debts

What The ability of a business to pay its debts as they come due and to earn a reasonable amount of income is referred to as?solvency and leverage.

  What is dottie charitable income tax contribution deduction

Dottie donated $10,000 in cash, Dottie's AGI for this year is $50,000. What is Dottie's charitable income tax contribution deduction for the year?

  What are the potential benefits-costs and ethical concerns

You are the plant manager. You have recently implemented a bonus system for your employees that provide a 10% bonus for favourable variances. What are the potential benefits, costs, and ethical concerns of such a bonus system?

  Calculating current net income and net income

Check your answer by calculating current net income and net income with a 20% increase. PinPoint's EBIT is this year is $20,000. They paid $16,000 in interest

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