User Account

All Pages

How much will they have to set aside at the end of each year

Assignment Help Accounting Basics
Reference no: EM133185190

Question - The Bothas are planning for their son's education. He is ten years now and will start tertiary education in 9 years. How much will they have to set aside at the end of each year to have R80 000 in 9 years if the annual interest rate is 8%?

1. R1 930.21

2. R5 522.36

3. R6 406.38

4. R12 806.38

Reference no: EM133185190

Questions Cloud

How much incremental revenue does the company earn per jar : How much incremental revenue does the company earn per jar of polish by further processing Grit 337 rather than selling it as a cleaning powder
What is the total interest paid : Question - What is the total interest paid over 30 years on a 150, 000 mortgage loan with an annual interest rate of 5% percent
What is your solution and recommendation for the board : Wishart Hills Ltd, generated a tax loss for tax purposes for financial year ending 2026. What is your solution and recommendation for the Board
Compute predetermined overhead rate for variable overhead : Compute the predetermined overhead rate for (1) variable overhead and (2) fixed overhead using each of the following cost drivers
How much will they have to set aside at the end of each year : He is ten years now and will start tertiary education in 9 years. How much will they have to set aside at the end of each year to have R80 000 in 9 years
What is the journal entry that sharjah should make : During 2020, 585,000 tons were removed and 525,000 tons were sold. For the year ended December 31, 2020. What is the journal entry that Sharjah should make
What will be the value of emily trust fund : What will be the value of Emily's trust fund in 36 years, assruning she takes possession of $20,000 in 2 years for her wedding
What is the total cost of the ending inventory : The firm uses the perpetual inventory system, and there are 22 units of the item on hand at the end of the year. What is the total cost of the ending inventory
What are the cost and schedule variances : Assume that operations on a work package were expected to cost $1500 to complete the package. What are the Cost and Schedule variances

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