User Account

All Pages

How much annual deposit should make

Assignment Help Accounting Basics
Reference no: EM132818352

Problem 1: You wish to make an annual deposit in a bank account that will earn an interest of 2.5% compounded annually for fifteen years to have P500,000 by then. How much annual deposit should you make? Provide a solution with answer.

Reference no: EM132818352

Questions Cloud

Prepare the journal entry to record the issuance by abc plc : Prepare a amortization schedule that determines interest at the effective rate each period. Prepare the journal entry to record their issuance by ABC Plc
What is a fair price today for the bond : A zero-coupon bond pays $2000 at maturity, exactly 3 years from today. If the YTM (assume annual compounding) is 12%, what is a fair price today for the bond?
What is the nominal rate of interest : If the inflation rate is 5% and the real rate of interest is 10%, what is the nominal rate of interest?
What is a business continuity plan : The Coronavirus (COVID 19) Pandemic has re-emphasised the need to integrate operational risk issues into the strategic management of universal banks.
How much annual deposit should make : Bank account that will earn an interest of 2.5% compounded annually for fifteen years to have P500,000 by then. How much annual deposit should you make?
What is the real rate of interest : If the nominal interest rate is 15% and the inflation rate is 2%, what is the real rate of interest?
Estimate value of shares of common stock : How can we use the TVM to value shares of common stock? What other methods can be used to estimate value of shares of common stock?
Writing general definition of reading assessment : You will create an informative parent brochure that is appropriate for your educational setting. The brochure must include the following.
Compute the incremental income before taxes : Acton Industries is considering changing its credit policy. The changes are expected to increase sales by $150,000 per year. Uncollected sales are expected to b

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the net present value of the investment

Assuming a discount rate of 5%, what is the net present value of this investment? X Company is considering conducting an immediate advertising campaign

  Determine how many cabanas stefan should rent

If the weather is sunny, demand will follow a Poisson distribution with a mean of 4 if Stefan charges $80 and a mean of 3 if Stefan charges $100.

  Problem - Analysis of Given Ratios

Problem - Analysis of Given Ratios. Using the ratios pro- vided, identify and explain the contributing factor(s) for this apparently divergent trend

  Factoring resource constraints into product mix decisions

Rose Incorporated manufactures two types of vases, small and large. The following per-unit data are available.

  What is the amount of the total liabilities

A firm has net working capital of $540. Long term debt is $3,410, total assets are $5,340 and fixed assets are $3,720. What is amount of the total liabilities

  During 2011 the corporation had the following transactions

during 2011 the corporation had the following transactions and events pertaining to its stockholders equity. feb. 1

  Define primary approaches to sharing new ideas

The purpose of this assignment is for you to become more familiar with the interests, goals, research methods, and information dissemination channels.

  How much should louisa pay nick for borrowed money

3% compounded semiannually while the other is 2% compounded quarterly. How much should Louisa pay Nick for her borrowed money at the end of 7 years?

  Journalise the partners initial investments

Barb Jones and Rama Floyd formed a partnership on 1 July 2019. The partners agreed to invest equal amounts of capital. Barb invested her proprietorship's.

  Discuss how a perpetual inventory system is different

After presenting your hypothetical figures, discuss how a perpetual inventory system is different from a periodic inventory system

  Prepare a report for betty brave

Demonstrate an understanding of applied a research problems in management accounting, and prepare strategies for their solution - Demonstrate an understanding of applied research methods

  89000 in raw materials were requisitioned for use in

shawnxu enterprises recorded the following transactions for the just completed january 2010a.89000 in raw materials

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd