User Account

All Pages

How much must you sell the land for in 6 years

Assignment Help Finance Basics
Reference no: EM132594803

You just purchased a parcel of land for $87,000. To earn a 11% annual rate of return on your investment, how much must you sell the land for in 6 years? Assume annual compounding.

Reference no: EM132594803

Questions Cloud

What is the most you would be willing to pay for the stock : Based upon the risk of the company, the required rate of return is 18%. What is the most you would be willing to pay for the stock today?
Research one trend of the future development : Research and evaluate a range of resources, use critical and creative reasoning to develop a well-substantiated point of view
What process should a company have to keep employees safe : What process should a company have to keep employees safe on travel, should they limit where they sight-see and eat at? With citations and reference.
Compute the unit product cost in each year : Fixed manufacturing overhead per year $140,000. Assume the company uses absorption costing. Compute the unit product cost in each year
How much must you sell the land for in 6 years : You just purchased a parcel of land for $87,000. To earn a 11% annual rate of return on your investment, how much must you sell the land for in 6 years?
What is a good refresh time for systems : What is a good refresh time for systems in the workplace (1-5 years) and how often do you replace your main system? need citations and reference.
Proposition and limitations of defi applications : Critically assess the value proposition and limitations of DeFi applications on the Ethereum blockchain relative to traditional finance
How can software assist in procuring goods and services : How can software assist in procuring goods and services? Do you see any ethical issues with e-procurement? For example, should stores be able to block people.
Prepare schedule starting with profit before tax : Entertainment expenses were $15,000, non-deductible for tax purposes. Prepare schedule starting with Profit before tax in 2018 and ending with Taxable income

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the end of the year payment

Janice Borrows $25,000 from the bank at 15 percent to be repaid in 10 equal annual installments. Calculate the end of the year payment.

  Why do we tend to underestimate npv when we ignore option

Why do we tend to underestimate NPV when we ignore the option to abandon? What do you suggest as a cost-effective approach to capital budgeting analysis when a project contains real options.

  What will the effect be of each of these alternative

What will the effect be of each of these alternative offering prices on the existing price per share?

  Develop and present a budget

Develop and present a budget. We will be discussing program and grant budgets later in the term. In the meanwhile, find your organization and dream up ways it could use $100,000.

  Calculate the average beta

A mutual fund manager has a $200,000,000 portfolio with a beta is 1.2. Suppose that the risk-free rate is 6% and that the market risk premium is also 6%.

  What is the irr on a perpetuity that originally cost

What is the IRR on a perpetuity that originally cost $1094.41 has an annual payment of $141.09? Carry your answer to two decimal places. For example enter 15.25 for 15.25%

  Global finance-optimal financing-investment strategy

Employ foreign exchange and cost of capital data to determine appropriate capital sources. Please describe why and how you came to these conclusions. Also make sure to site sources.

  What tests does the researcher then conduct

If the calculated value of F is found to be significant for the main effect of an independent variable with more than two levels, what tests does the researcher then conduct? Why are such tests not necessary if the independent variable has only tw..

  In 1978 the cpi for canada was 436 but in 1988 the cpi was

in 1978 the cpi for canada was 43.6 but in 1988 the cpi was 84.8. what was the geometric mean annual increase for the

  What was the new deposit amount

You have a 20 year annuity, depositing $500 per year, earning 6.1%, compounded annually. However, at the end of 20 years you have accumulated $17,000.

  How much will each class of investors receive

The trustees cost total $281,250 and the firm has no accrued taxes or wages. The debentures are subordinated only to the notes payable.

  Write a letter to brian in the required format

Tri-States' president, Brian Teller, has contacted you regarding the deductibility of the $10 million dollar payment, $12 million dollar fine, and legal fees.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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