User Account

All Pages

How much is in the account after 6 years

Assignment Help Finance Basics
Reference no: EM132042329

E-bank offered an annuity of 6.3% compounded monthly. If 1247 is deposited into this annuity every month how much is in the account after 6 years? How much of this is interest?

Reference no: EM132042329

Questions Cloud

What is the company value : A company has an un-leveraged value of 3,000,000 and debt 300,000. If the company is subject to a corporate tax rate of 0.30, and investors
Write about how it professionals attempt to estimate time : IT projects are particularly challenging as we are frequently asked for cost and time estimates before we do the Requirements Phase.
Expected rate of return of hayek corporation : What is the variance in the expected rate of return of Hayek Corporation?
Npv of a long term project : The NPV of a short term project goes down quicker than the NPV of a long term project.
How much is in the account after 6 years : If 1247 is deposited into this annuity every month how much is in the account after 6 years? How much of this is interest?
Describe at least four different types of political systems : Classify and describe at least four different types of political systems that an international business might encounter.
Identify the computer operating systems : Identify the computer operating systems and networking systems used in the company. Explain the pros and cons of IPv6 over the use of IPv4.
What is the value of the business today : The annual cost of capital (or interest rate) for this type of business was 8% with monthly compounding. What is the value of the business today?
How can any of the findings of qualitative report be tested : While the research topic is strange enough on its own, the truly amazing part occasions itself in the authors listed second and third in the byline.

Reviews

Write a Review

Finance Basics Questions & Answers

  Why do you think apple has so much cash compared to disney

The Walt Disney Company (DIS) held $3.766 billion in cash on December 31, 2011, and total assets of $73.877 billion. Although this may seem extreme.

  Capital management-abc community hospital not-for-profit

Established in 1987, ABC Community Hospital not-for-profit is an acute care hospital locatedin an east coast Metropolitan area. With a staff of nearly 200 physicians and specialists, 800 employees and 100 volunteers, they offer a full range of hea..

  European vanilla options in black-scholes-merton model

When valuing European Vanilla Options in the Black-Scholes-Merton Model, there is one source of uncertainty. What is this uncertainty?

  Although a promising two-year project had returned 22 in

although a promising two-year project had returned 22 in its first year overall it lost half of its value. what was

  Dollar value of manufactured output

U.S. real gross domestic product increased from $10 trillion in 2000 to $15 trillion in 2010. During that same decade the share of manufactured goods (e.g., cars, appliances) fell from 16 percent to 12 percent. What was the dollar value of manufac..

  Which of these methods provides the most accurate

What are three methods for estimating the cost of common stock from retained earnings? Which of these methods provides the most accurate and reliable estimate?

  What was the percentage change in the given value

Mexican Peso Changes. In December 1994, the governement of Mexico officially changed the value of the Mexican peso from 3.18 pesos per dollar to 5.49 pesos.

  Which model would be the best choice

You have become very successful and are considering the purchase of a plane for your firm. The Piper model has an initial cost of $375,000.

  What currency derivatives are as used in financial markets

Briefly describe what currency derivatives are as used in financial markets.

  Find break-even point in units

ABC Corporation sell for $20 per unit, and the variable cost to produce them is $15. Gateway estimates that the fixed expenses are $80,000.

  Which of the following statements is not correct

Which of the following statements is NOT correct? Question 4 options: Acceptance of this project would increase SM's value by $7,265.91.

  Secondary market after receiving the first coupon

What is the return on the investment if interest rate increases to R=25% ? What is the return on the investment if interest rate decreases to R=15%?

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