User Account

All Pages

How much will dennis receive

Assignment Help Accounting Basics
Reference no: EM133087641

Question - Business Math - Give the Correct Answer and Show Complete Solution.

1. Find the present value and amount of an annuity of P2,500 payable at the beginning of each 3 months whose term is 7 years and money's worth is at 6.5% interest rate, compounded quarterly.

2. Russel owes Cathy a certain amount of money and promises to settle her obligation by paying P4,500 at the beginning of each 3 months for 4 years and 6 months with interest at 12% converted quarterly. Find how much the loan is.

3. Mrs. Coronacion wishes her son Dennis to receive a certain amount on his 19th birthday. To realize this, Mrs. Coronacion will invest P2,500 at the beginning of each year after Dennis turns 7. If money earns interest at 5% compounded annually, how much will Dennis receive at the age of 19?

Reference no: EM133087641

Questions Cloud

Determine the depreciation expense for the year ending June : The machine was six months old at June 30 and had been used for 3,800 hours. Determine the depreciation expense for the year ending June 30
Calculate the depreciation expense at the end : On January 1, your company purchased an item of plant for $407,000 ($370,000 + $37,000 GST). Calculate the depreciation expense at the end
Calculate the bev in units : They buy Cangaro at $5.50 per bottle and spend another $0.50 per bottle for transportation to their shop. Calculate the BEV in units
Describe characteristics of a complex problem : Describe four key characteristics of a complex problem and describe what debugging source code is and explain why may need to debug our code
How much will dennis receive : To realize this, Mrs. Coronacion will invest P2,500 at the beginning of each year after Dennis turns 7. How much will Dennis receive at the age of 19
Compute the company payback reciprocal : Question - A machine costing P8,350 yields total cash flows of P.13,100 over 5 years. Compute the company payback reciprocal
What is your rate of return : You buy stock for $20.8 per share and sell it for $28.8 after holding it for slightly over year and collecting a $1.9 per share dividend. What is rate of return
Write for loop code fragment using only a while loop : Briefly describe each model including a diagram and What are the main differences between the two models
Is this case a question of ethic or csr : Is this case a question of Ethic or CSR? Explain with examples taken from the text.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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