User Account

All Pages

How much do need to deposit in a bank account today

Assignment Help Accounting Basics
Reference no: EM132731221

Problem 1: If you want to have $101,283 in twenty years, how much do you need to deposit in a bank account today? Assume that the annual interest rate is 5 % compounded annually. Round your answer to the nearest one dollar.

Reference no: EM132731221

Questions Cloud

What brenda recognized gain the year is : Brenda sold investment land for $250,000 in June. In December, Brenda received a $20,000 principle payment on the note. Brenda's recognized gain this year is
How much cash will Peyton receive in November : Customer amounts on account are collected 50% in the month of sale and 50% in the following month. How much cash will Peyton receive in November
Benefits of international strategy for kindle : Explain THREE (3) benefits of international strategy for Kindle/Amazon business expansion during Covid-19 pandemic.
Write journal entry for the journal entries : Write journal entry for the 20X2 Journal entries. The company issues 15,000 shares of common stock (no par value) for $220,000 to pay off
How much do need to deposit in a bank account today : How much do you need to deposit in a bank account today? Assume that the annual interest rate is 5 % compounded annually.
Question - Recording Entries for Common Stock Issuance : Question - Recording Entries for Common Stock Issuance - Max Inc. issued 15,000 shares of $1 par value common stock for $20 per share on January 1, 2020
Describe the websites or multimedia resources : Describe the websites, applications, or multimedia resources. Describe how health care providers use these resources to enhance their products and services.
How much should epson record as depreciation expense : January 2, 2017, of P864,000 based on an appropriate rate of interest. For 2018, how much should Epson record as depreciation expense for the leased machine?
What amount of interest expense should shak report : Based on implicit interest of 12 percent. What amount of interest expense should Shak report in its 2019 income statement from this lease transaction?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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