How long has bob owned this land

Assignment Help Finance Basics
Reference no: EM13294383

Bob bought some land costing $15,740. Today, that same land is valued at $45,517. How long has Bob owned this land if the price of land has been increasing at 6 percent per year?

Reference no: EM13294383

Questions Cloud

Determine the inductance of the coil that is formed : a student wraps 100 turns of wire on a pencil that is 7 mm in diameter. the pencil is a nonmagnetic core so has the same permeability as a vacum (4π x 0.00001 H/m). determine the inductance of the coil that is formed.
Is circuit underdamped-critically damped or overdamped : A certain circuit is constructed with four elements inparallel: a 4 ohm resistor, a 10 ohms resistor, 1 uF capacitator,and a 2mH inductor. (a) compute α. (b) compute ω0 (c) is the circuit underdamped, critically damped oroverdamped Explain
What is the size of the settlement : Assume that the salary payments are equal amounts paid at the end of each month. If the interest rate you choose is an 8 percent EAR, what is the size of the settlement?
How to calculate the wavelength associated with an electron : Calculate the wavelength (m) associated with an electron that travels at 65% of the speed of light.
How long has bob owned this land : Bob bought some land costing $15,740. Today, that same land is valued at $45,517. How long has Bob owned this land if the price of land has been increasing at 6 percent per year?
What is the frequency of the generator : In a series RCL circuit the generator is set to a frequency that is not the resonant frequency. What is the frequency of the generator
How much money must the company deposit today : The account pays 5.25 percent interest, compounded annually. How much money must the company deposit today to fully fund the equipment purchase?
How fast is the other car approaching you : You are driving down a straight road at speed of 90 km/h and see another car approaching you at speed of 110 km/h along the road, how fast is the other car approaching you
What is the future value of a 10 year annuity : What is the future value of a 10 year annuity of $2,000 per period where payments come at the beginning of each period? The interest rate is 8 percent.

Reviews

Write a Review

Finance Basics Questions & Answers

  How large will the last deposit be

How large will the last deposit be? Round your answer to the nearest cent.

  Calculate the yield to maturity

BCC has bonds that trade frequently, pay a 7.75 percent coupon rate, and mature in 2015. The bonds mature on March 1 in the maturity year. Suppose an investor bought this bond on March 1, 2010, and assume interest is paid annually on March 1.

  Determine the expected rate of return

Phoenix Corporation common stock is at present selling for $20 per share. Security analysts at Smith Blarney have assigned following probability distribution to the value of Phoenix stock one year from now;

  What will be the holders holding period yield

Suppose the interest rate falls to 9% right after the bond is purchased and stay at that level. What will be the holders's holding period yield if the bond is sold after 2 year?

  What is the dividend payout percentage

If the firm maintains its target financing mix and does not issue any equity next year what is the most it could spend on capital expenditures next year given its earnings?

  What is the expected market price of the convertible

If the stock price increases to $73 per share and the premium stays the same, what is the expected Market Price of the convertible?

  Calculate the initial outlay

A company is thinking replacing a machine. The machine was purchased six years ago for $80,000 and has been depreciating over an eight year life. The old machine will be sold for a market value of $14,500.

  What dollar amount of deposits can the bank have

A new bank has vault cash of $1 million and $5 million in deposits held at its Federal Reserve District Bank

  Describe analysis of the intercompany financials

Describe Analysis of the intercompany financials with liquidity ratios and tell how the two companies are doing and what they could do to improve themselves

  What is the financial break-even quantity

A project has the following estimated data: price = $52 per unit; variable costs = $34 per unit; fixed costs = $23,500; required return = 12 percent; initial investment = $30,000; life = three years.

  Three key inputs to valuation model

What are three key inputs to the valuation model? How would you find out the valuation of the asset?

  What should the coupon rate be on the new bonds

The company currently has 11 percent bonds on the market that sell for $1,459.51, make semiannual payments, and mature in 18 years. What should the coupon rate be on the new bonds if the firm wants to sell them at par?

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