How much money would have to be deposited now

Assignment Help Finance Basics
Reference no: EM13292051

How much money would have to be deposited now at 8% interest compounded quarterly to accumulate to $15,000 in 10 years?

Reference no: EM13292051

Questions Cloud

Find out the boiling point of a solution : Determine the boiling point of a solution that contains 78.8 g of naphthalene (C10H8) dissolved in 722 mL of benzene (d = 0.877 g/mL). Pure benzene has a boiling point of 80.1°C and a boiling point elevation constant of 2.53°C/m.
The application must validate all transactions amount. : A neighborhood credit union has contracted you to write a banking application for the credit union. The credit union would like to be able to accept deposits from its members, allow customers or members to withdraw money from their account, make inte..
Calculate the amounts for mary''s 2009 income tax returns : Mary (age 33) is a single taxpayer with adjusted gross income for 2009 of $21,040. Mary maintains a home for two dependent children and has itemized deductions of $3,000. Calculate the following amounts for Mary's 2009 income tax return:
What are both of their speeds at infinity : A proton and an alpha particle (charge = 2e, mass = 6.64 10-27 kg) are initially at rest, separated by 2.30 10-15 m. What are both of their speeds at infinity
How much money would have to be deposited now : How much money would have to be deposited now at 8% interest compounded quarterly to accumulate to $15,000 in 10 years?
What are the understanding or types of evil : What are the understanding or types of evil?  How are they caused? How does Luther and Calvin's explanation of moral evil, the effects of sin in human being, differ from the Catholic perspective. Which of the explanations given by theologians about w..
Find how far does the truck skid before coming to a stop : A truck is traveling at 11.1 m/s down a hill when the brakes on all four wheels lock. How far does the truck skid before coming to a stop
Explain pure benzene has a boiling point of and a boiling : Determine the boiling point of a solution that contains 78.8 g of naphthalene (C10H8) dissolved in 722 mL of benzene (d = 0.877 g/mL). Pure benzene has a boiling point of 80.1°C and a boiling point elevation constant of 2.53°C/m.
What is the pebbles speed and acceleration : Your roommate is working on his bicycle and has the bike upside down. He spins the 54.0cm -diameter wheel, What is the pebbles speed and acceleration

Reviews

Write a Review

Finance Basics Questions & Answers

  Discuss the pros and cons of such a drastic price increase

Is this a smart move by Netflix? Discuss the pros and cons of such a drastic price increase.

  The bank compounds interest

Assume that 1 year from now; you will deposit $1,000 into a savings account that  pays 8%. a. If the Bank compounds interest annually, how much will you have in your account 4 years from now?

  What do you predict the exchange rate will be in one year

What do you predict the exchange rate will be in one year? In two years? In five years? What relationship are you using?

  What is the amount of the initial cash flow

Other equipment costing $514,000 will also be required. What is the amount of the initial cash flow for this expansion project? please show all work thanks!

  How much return will his investment earn during time period

Mr. Nailor invests $28,000 in a money market account at his local bank. He receives annual interest of 7% for 6 years. How much return will his investment earn during this time period.

  Calculate the certainty equivalent cash flow

A project has an expected risky cash flow of $300, in year 3. The risk-free rate is 5%, the market risk premium is 8% and the project's beta is 1.25. Calculate the certainty equivalent cash flow for year 3.

  Why is the yield on bond c different

If bond C is considered identical to bond B except for the conversion privilege, what is the value of the conversion privilege? Does the conversion privilege benefit the issuer of the bond or the purchaser? Is this consistent with the price you ca..

  Computing fv and pv of ordinary annuity

You will receive $2,000 at the end of next 12 years, supposing a 6% discount rate, what is the present value of cash flows?

  Objective type questions on capital budgeting and stocks

Objective type questions on Capital Budgeting and stocks and explain Cause surpluses and shortages in markets respectively

  What is the total rate of return on the stock

Rate of Return: A stock is selling today for $40 per share. At the end of the year, it pays a dividend of $2 per share and sells for $44. What is the total rate of return on the stock? What are the dividend yield and percentage capital gain?

  What is the return on the canadian currency

What is the local return on on the Royal Bank of Canada stock? c. What is the return on the Canadian currency, C$. d. What is the total $ return on an invest ment in the Royal Bank of Canada Stock?

  Objective type questions on bond valuation

Objective type questions on bond valuation and Asymmetric information occurs when

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