How many years will it be until this occurs from now

Assignment Help Business Management
Reference no: EM133272582

Question

Silvia expects to receive $800,000 5 years from now. A bank will provide her a saving plan at that time with 3% annual interest rate and she wants to grow this amount to cover the 10% down payment and 5% closing cost of the borrowed amount for a property that is expected to be value at $9,000,000 in future. How many years will it be until this occurs from now?

Reference no: EM133272582

Questions Cloud

Alison actions of adjusting advice fees : Explain any issues or potential breaches that may arise from Alison's actions of adjusting advice fees as a result of cross-referrals with Kevin and Anika.
Discuss how south african banking industry : Discuss how south african banking industry can simplify their strategy to focus on a few actions that will have the biggest impact in COVID-19 crisis period.
Price level adjusted mortgage : A price level adjusted mortgage (PLAM) is made with the following terms. What is the yield to the lender on such a mortgage?
What is current yield for bond : What is the current yield for a Bond with a $1000 par value bond, with an 10% annual coupon that matures in 15 years if the interest rate is 5%?
How many years will it be until this occurs from now : Silvia expects to receive $800,000 5 years from now. How many years will it be until this occurs from now?
Tax liabilities associated with investment : Activist investors use which ones of the following in their selection of targets? Financial and operating ratios. Tax liabilities associated with investment
Alex double the value of hus investment : How much does Alex have to deposit in his account after taking the short position? At what price would Alex double the value of hus investment?
What price will andy receive margin call : If he margins the maximum amount, how many share of Best Sell can Andy buy? At what price will Andy receive a margin call?
What is fusion energy unlevered free cash flow : What is Fusion Energy's unlevered free cash flow for 2015?

Reviews

Write a Review

Business Management Questions & Answers

  How do perceptions of inequity influence employee motivation

How do perceptions of inequity influence employee motivation? what type of organizational structure is best suited for its strategic needs?

  List five good reasons for using single management system

List five good reasons for using both in a single management system? As always, include specific theory and examples, in your response.

  How might an awareness of the communication process

How might an awareness of the communication process, as Foundations of Business Communication, help an individual have success in an employment interviews?

  Strength of relationship between gpa and test results

If the company is considering using GPA as an appropriate measure for hiring, it would reasonably be expected that GPA would be related to performance on the co

  Mean spending for all shoppers

Construct a 90?% confidence interval estimate for the mean spending for all shoppers who are members of the? website's premium program.

  Describe the business model of digital strategy

Describe the business model of digital strategy or digital disruption Indian Railway Catering and Tourism Corporation (IRCTC). Describe how IRCTC's business mod

  Write a business proposal to organizations board of director

Write a word business proposal to the organization's Board of Directors to revitalize the organization through some well thought out innovative strategies.

  Provide a preferred property insurance contract

Provide a preferred property insurance contract and select three perils and three exclusions that are typically part of that property insurance

  What are the benefits and risks of pursuing strategy

-Why might an omnichannel strategy be the most appropriate for Brand W? What are the benefits and risks of pursuing this strategy?

  Definition and examples of master-servant relationship

What is a definition and examples of Master-Servant Relationship?

  Distinguish k-nearest neighbors and k-means algorithms

Distinguish k-nearest neighbors and k-means algorithms. Where can you apply them?

  Companies in the global environment

What do you think the opportunities are for companies in the global environment? Do you think that they are only for large multinationals or do you think that small companies can be involved also?

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