How much is the annuity worth

Assignment Help Finance Basics
Reference no: EM132534888

You want to have an annuity that provides $31,000 at the end of each year for 25 years. However, the first payment will not occur until 14 years from today. How much is the annuity worth? Assume i(1) =13.7%.

Reference no: EM132534888

Questions Cloud

Understand the leadership : Who is the current Speaker of the TX House? What is his or her party affiliation? How long has he or she held this office?
What is the current share price-marcel co : Marcel Co. is growing quickly. Dividend are expected to grow at a rate of 0.2 for the next 4 years, with the growth rate falling off to a constant
Make the bank statement balance in the bank reconciliation : O add $120 to the bank statement balance in the bank reconciliation and notify the bank. When preparing the bank reconciliation she found that the bank
Discuss ways to use assistive technologies : From the e-Activity and the content of the textbook, discuss at least two ways to use assistive technologies to support fair and effective assessment for online
How much is the annuity worth : However, the first payment will not occur until 14 years from today. How much is the annuity worth? Assume i(1) =13.7%.
Calculate amount credited to retained earnings : On March 1, Baltimore Corporation authorized a 15% stock dividend. Calculate the amount either (debited) or credited to retained earnings
Conduct a penetration test of a network : Applied Network Security - Conduct a penetration test of a network. You will be required to write a report of your penetration test results
Calculate the cost of equity-cristina flores : Cristina Flores is an advisor to a board member who works at a private equity firm. She has told the CFO that sophisticated investors use a quick
Choose terrorist organization to analyze : Choose a terrorist organization to analyze and prepare a proposed solution to this organization.

Reviews

Write a Review

Finance Basics Questions & Answers

  Higher prices make box-office debut

Higher Prices Make Box-Office Debut, The Wall Street Journal; Published in Mar, 25, 2010.

  What is the company npv

Calgate Corporation is considering a project that has an up-front cost of $2.5 million and is expected to produce a net cash flow of $800,000.

  What would be rose component cost of preferred stock

Rose has preferred stock selling for 99.0 percent of par that pays a 9.0 percent annual coupon. What would be Rose's component cost of preferred stock?

  How can management accounting play a role in the strategic

How can management accounting play a role in the strategic planning process?

  What is the stock expected total rate of return

What is this stock's expected total rate of return (assume market is in equilibrium with the required rate of return equal to the expected return)?

  How much funds are the company actually going to collect

A company wants to issue a SGD 100 million 10-year straight bond, with a coupon of 5.5% paid semi-annually. The market interest rate for companies of similar.

  Distinct benefits of mutual fund investing

Explain to your parents how their information concerning mutual funds is inaccurate. Then educate your parents by briefly explaining four distinct benefits

  How much stock should demand

If the VC requires a 70% target return, how much stock should he demand? Please give total number of shares with no commas (for example 2 million is 2000000.)

  What is the daily dollar return

It is expected that the lockbox system will reduce receipt and deposit times to three days total. Average daily collections are $132,000, and the required rate of return is 4 percent per year. Assume 365 days per year.

  Find the expected cash flow from each apartment complex

Mr. Sam Golff desires to invest a portion of his assets in rental property. He has narrowed his choices down to two apartment complexes, Palmer Heights.

  Determine the amount of each coupon

A bond with face value of $1000 maturing in 21 months pays semi-annual coupons (the remaining coupons will be paid at 3, 9, 15, and 21 months).

  Explain what is meant by exchange rate forecasting

Explain what is meant by exchange rate forecasting? What techniques can be used to do such forecasting? What is meant by forecasting bias?

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