How much will you have if you make deposits

Assignment Help Financial Management
Reference no: EM13972038

If you deposit $4,000 at the end of each of the next 20 years into an account paying 9.7 percent interest, how much money will you have in the account in 20 years? How much will you have if you make deposits for 40 years?

Reference no: EM13972038

Questions Cloud

What questions does the article leave unanswered : Explain if these studies were observational, experimental, technological or some combination of the three. If applicable, identify the independent and (at least one) dependent variables. What possible confounding variables are present in the stud..
Identifies the major social institutions in society : Write a 700- to 1,050-word essay explaining the content of the video based on your assigned sociological theoretical approach. Prepare an introduction that identifies the major social institutions in society and why they are important. Describe each ..
Tax laws are based on several important doctrines : The assignment of income doctrine - states that income must be taxed to the entity that renders the service or owns the capital with respect to which the income is paid. The economic substance doctrine - holds that a transaction that changes the taxp..
What is the present value of the savings : Your company will generate $57,000 in annual revenue each year for the next seven years from a new information database. If the appropriate interest rate is 7.8%, what is the present value of the savings?
How much will you have if you make deposits : If you deposit $4,000 at the end of each of the next 20 years into an account paying 9.7 percent interest, how much money will you have in the account in 20 years? How much will you have if you make deposits for 40 years?
Fixed rate mortgage to buy a new home : You need a 30-year fixed rate mortgage to buy a new home for $240,000. Your mortgage bank will lend you the money at an APR of 5.25 % for this 360 month loan, However you can afford monthly payments of only $975, so you offer to pay off any remaining..
Callaway prepays insurance on march 31 each year : Depreciation for the current year includes Office Furniture, $1,000 and Equipment, $2,700. Make a compound entry. Callaway prepays insurance on March 31 each year. At December 31, $600 is still prepaid. Callaway pays employees each Friday. The amount..
Which factor does not influence voting practices : Which factor does not influence voting practices? Which term describes the assignment of students to specific education programs and classes on the basis of test scores, previous grades, or perceived ability
Time value of money is important aspect of money management : Time value of money is an important aspect of money management. Why is it important to know what interest rates, terms of an agreement, and present value are in relationship to future value when making financial decisions?

Reviews

Write a Review

Financial Management Questions & Answers

  Quick ratio and total debt to total assets ratio

Using the financial data of the selected company, provide the following ratios: Current Ratio, Quick Ratio, and Total Debt to Total Assets Ratio. Discuss what these ratios mean and what their relevance is compared to industry standards.

  Investing public is an example

XYZ corporation is authorized for 1,000,000 shares and currently has 800,000 shares outstanding. In an attempt to raise additional capital, XYZ decides to issue the remaining 200,000 shares for which it is authorized to do so. The issuance of an addi..

  Stock dropped substantially after the announcement

Conagra just announced an earnings increase of 2%, but the price of the stock dropped substantially after the announcement. Is there a rational explanation for this result?

  What EAR are customers actually paying

A check---cashing store is in the business of making personal loan to walk---up customers. The store makes only one---week loans at 7.5 percent interest per week. What APR must the store report to its customer? What EAR are customers actually paying?

  Initial investment-operating cash inflows-terminal cash flow

Lasting Impressions (LI) Company is a medium-sized commercial printer of promotional advertising brochures, booklets, and other direct-mail pieces. The firm’s major clients are ad agencies based in New York and Chicago. For each of the two proposed r..

  What is the rate of return on the stock

Investors expect the market rate of return this year to be 12%. A stock with a beta of 2.0 has an expected rate of return of 21%. If the market return this year turns out to be 8%, what is the rate of return on the stock?

  What is the repo rate

The European Cental Bank engages in a term repo operation with Banking4EU. Specifically, the central bank buys 150mn Euros of bonds which Banking4EU agrees to repurchase for $151mn in three months' time. What is the repo rate?

  Assume that the yield to maturity remains constant

A bond has a $1,000 par value, 15 years to maturity, and a 8% annual coupon and sells for $1,080. A) Assume that the yield to maturity remains constant for the next 4 years. What will the price be 4 years from today?

  What is the net present value of this project

A new melding machine is expected to produce operating cash flows of $68,000 a year for six years. At the beginning of the project, inventory will decrease by $14,700, accounts receivables will increase by $5,500, and accounts payable will increase b..

  What is the risk-free rate

Consider the CAPM. The expected return on the market is 13%. The expected return on a stock with a beta of 1.5 is 18%. What is the risk-free rate?

  Firms dividend policy

To look at the firm's dividend policy, you look at RAD's financial statements for the last year. RAD, in 2013, had net income of $118 million (operating income $1,132 million), capital expenditures of $315.846 million, depreciation and amortization o..

  Minimum risk-based capital ratio requirement

In what way does a minimum risk-based capital ratio requirement battle the moral hazard problem in banking? How have banks tried to get around the provisions of the Glass-Steagall Act? How has the government responded?

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