How much will this annuity accumulate at the end

Assignment Help Finance Basics

Reference no: EM133325684

Question: Suppose you have just retired from formal employment and you have been given K150,000 lump sum payment and you decide to invest this amount in fixed deposit account at 10% rate of interest for a period of four years. How much will this annuity accumulate at the end of the fourth year?

Reference no: EM133325684

Questions Cloud

How do groups contribute to the construction of society : What is one effort you (either by yourself or as part of a group) have made to try to change some aspect of society? Was it effective? Why or why not?

Describe the economic and political environments of brazil : How would you describe the economic and political environments of Brazil at that time? What about the Brazilian automobile industry? What are the risks

What are the short-run determinants of exchange rates : What are the costs and benefits of fixing the foreign exchange rate and What are the short-run determinants of exchange rates

Develop a system for a dentists office : Develop and show these three use cases and then use that information to develop a level 0 DFD. (You may use any format for the use cases and make the needed

How much will this annuity accumulate at the end : BMCF 5103 Open University Malaysia invest this amount in fixed deposit account at 10% rate of interest for a period of four years. How much will this annuity

How social theory can help to shed light : How it takes place, why it takes place, the ramifications of this process, and how social theory can help to shed light/resolve/solve this issue.

Explain how project analysis conducted by that firm : prevents a private firm from raising capital from any source. Explain how project analysis conducted by that firm would work in this situation

Explain do you agree with its decision : Charleston decides to establish the subsidiary in the United Kingdom because of the revenue advantage. Do you agree with its decision? Explain

Do you think pandemic might affect this division of labor : How does it relate to Hochschild's key points from the chapter? How do you think the current pandemic might affect this division of labor?

User Account

All Pages