How much money is in your account years from now

Assignment Help Accounting Basics
Reference no: EM131760375

You deposit 264 dollars in an account every year for 6 years that earns 6 percent annual interest. How much money is in your account 6 years from now? (your first deposit will be exactly 1 year from now and your last deposit will be 6 years from now)

Reference no: EM131760375

Questions Cloud

Perform a cause-of-change analysis for each company : Perform a cause-of-change analysis from 2008 to 2011 for each company to disaggregate the increase in revenues from company-owned stores between growth.
Define your guiding principles and values for your division : Create a vision and a business model for this new division that clearly demonstrates your decision on what you want your business to become in the future.
Outline a plan for bank of america : Outline a plan for Bank of America to respond to Occupy Wall Street based upon one of the four typologies of strategic choices discussed in the textbook.
How successfully the US Government fulfilling its key goals : In this project, you will answer question, "How successfully is the United States Government fulfilling its key goals-as established in Preamble to Constitution
How much money is in your account years from now : You deposit 264 dollars in an account every year for 6 years that earns 6 percent annual interest. How much money is in your account 6 years from now
Improve their motivation to learn : What learning strategies could you use to improve their motivation to learn? (Explain why.)
Suggest method for determining reasonable compensation rate : Discussion 1: "Corporate Governance" Next, suggest one method for determining a reasonable compensation rate for the CEO of a company.
What is the present value of your deposits today : You deposit 119 dollars in an account every year for 4 years that earns 4 percent annual interest. What is the present value of your deposits today
Experiences with boundaryless organizations : What has been your experiences with boundaryless organizations? ?As a CEO, how would you establish accountability in a boundaryless team?

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