How much is the initial investment need to be set up

Assignment Help Accounting Basics
Reference no: EM132604474

Question - An investment in unit trust fund has been set up so that at the end of 10 years there will be RM10,955.16. If the fund earns an interest of 8% compounded semi-annually, how much is the initial investment need to be set up?

Reference no: EM132604474

Questions Cloud

What is the minimum price that dursley ltd could charge : What is the minimum price that Dursley Ltd could charge the cosmetics business to justify the additional? research? ?(Ignore the time value of? money.)
How does ai aid the in-depth exploration : Research Project Proposal - Examine appropriate research methodologies and approaches as part of the research process
Calculate the postretirement benefit expense : On January 1 of the current year, Oberon amended the plan to provide dental benefits. Calculate the postretirement benefit expense for the current year
Find what will determine how often you generate reports : Find What are the possible consequences of taxpayers failing to correctly report an amount they are required to pay or meet other tax obligations?
How much is the initial investment need to be set up : If the fund earns an interest of 8% compounded semi-annually, how much is the initial investment need to be set up
Substance abuse prevention program : The Public Health Department is planning to develop an adolescent substance abuse prevention program.
How can a report be used to explain a situation to reader : What are the main reports generated using the information from the trial balance.How can a report be used to explain a situation to the reader
What was the level of retained earnings on the company : The company's earnings per share for 2002 were -$2.50 (negative $2.50). What was the level of retained earnings on the company's 2002 balance sheet
What is the partnership profit : Sam's capital account was P120,000 at the beginning of 2019 and P150,000 at the end of the year. What is the partnership's profit (loss) for 2019?

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.

  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!

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