How much money will you have at the end of the five years

Assignment Help Accounting Basics
Reference no: EM133024302

Question - You just inherited $100,000. You are investing this money for 5 years at 5% compounding interest. In whole dollars, how much money will you have at the end of the five years?

a. $127,628

b. $130,281

c. $119,280

d. $110,250

Reference no: EM133024302

Questions Cloud

Differences between NIDS and HIDS : Explain the similarities and differences between NIDS and HIDS. Include strengths and weaknesses of each.
Prepare an income statement : Prepare an income statement, statement of changes in stockholders' equity, and a balance sheet dated December 31, 2018, for Mijka Company
What the amount of depletion for year one on this well : By December 31, Year 1, 25,000 barrels of oil were produced and sold. What the amount of depletion for Year one on this well
Well-suited for data quality assessment : Research some data profiling tools that are well-suited for data quality assessment and provide appropriate sources for your findings.
How much money will you have at the end of the five years : You just inherited $100,000. You are investing this money for 5 years at 5% compounding interest. In whole dollars, how much money will you have at the end
Briefly explain purpose of the database : Briefly explain the purpose of the database. Provide a visual representation of your database's tables.
Estimate profit and loss : Estimate profit and loss if the investor buys the stock and sells the call with the $50 strike price if at expiration stock price are: $30, $50, $55, and $65
Maintain and ensure privacy and confidentiality : Why are privacy and confidentiality important for your study participants? What are some ways to maintain and ensure privacy and confidentiality?
What is the purchase price of the machine : The machine will generate cash inflows of $96,000 each year. The salvage value at the end of the project is $80,000. What is the purchase price of the machine

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