How much will you have in this account three years

Assignment Help Financial Management
Reference no: EM132035022

Two years ago, you opend an investment account and deposited $18,000. One year ago, you added another $3,300 to the account. Today, you are making a final deposit of $14,000.

How much will you have in this account 3 years from today if you earn a 15.30 percent rate of return?

Reference no: EM132035022

Questions Cloud

Why are the abovementioned so popular : Why are marketing measurement metrics important, and why are the abovementioned so popular?
Compare probable product adaptations for consumer products : Compare probable product adaptations for consumer products versus high-tech industrial products. What differences exist? Why?
What is tysons basis in the new warehouse : He transferred the land to a third party accomodator on April 1st of the current year and the sale was closed with the buyer.
Reliability and range of services of the lodge : What are the likely expectations these customers will have for the quality, reliability and range of services of the Lodge.
How much will you have in this account three years : How much will you have in this account 3 years from today if you earn a 15.30 percent rate of return?
What are the trade-offs among all the types of research : What kinds of research would be the most valuable if i was a manager of a small start-up firm with a small budget and why?
During the period of time after real estate sales contract : During the period of time after a real estate sales contract is signed, but before title actually passes, the status of the contract is
Confidence that a new new product would sell well : What kind of research would a company need to do in order to have some confidence that a new new product would sell well
Prepare a schedule of cash payment for january through april : Materials are paid for one month after the month purchased. Materials purchased in December of last year were $37,000 (half of $74,000 in sales).

Reviews

Write a Review

Financial Management Questions & Answers

  Total liabilities and equity and cost of goods sold

Complete the balance sheet and sales information. Total Liabilities and Equity and Cost of Goods Sold?

  Net profit and cash flow from given sale

Johnson, Inc. has just ended the calendar year making a sale in the amount of $10,000 of merchandise purchased during the year at a total cost of $7,000. Al- though the firm paid in full for the merchandise during the year, it has yet to collect a..

  Appropriate beta for each company for use in the wacc

Using the information to compute the industry unlevered beta, what is the appropriate beta for each company for use in the WACC?

  What is the percent foreign holdings

Mutual Funds Directions: Many mutual fund sponsors have a large family of funds under management. What is the "Percent Foreign Holdings?"

  Higher coupon rate than currently issued bonds

During recessionary periods, bonds that were issued many years ago have a higher coupon rate than currently issued bonds.

  Calculate the beta of the stock

The correlation coefficient between stock B and the market portfolio is 0.8. The standard deviation of stock B is 35% and that of the market is 20%. Calculate the beta of the stock.

  What is your margin loan and initial margin

You purchase 300 shares of security B-Flat on margin at a price of $50. Your broker requires a deposit $9,000. The margin call rate is 5%. what is your margin loan? What is the initial margin? If the maintenance margin is 30%, at what price will you ..

  What will happen to domestic interest rates

If the Fed does not do the open market sale, what will happen to domestic interest rates and the money supply? - In which case is the foreign exchange transaction sterilized?

  What is the estimated cost of common equity using the CAPM

Booher Book Stores has a beta of 1.43. The yield on a 3-month T-bill is 5.00% and the yield on a 10-year T-bond is 6.45%. The market risk premium is 6.60%. What is the estimated cost of common equity using the CAPM?

  Monthly compounding on college savings plan

If he can earn 7 percent APR with monthly compounding on a college savings plan, how much does he have to invest every month for the next 8 years?

  Assume that an individual makes a down payment

The price of a new car is $20,000. Assume that an individual makes a down payment of 25% toward the purchase of the car and secures financing for the balance at the rate of 6%/year compounded monthly. What will the interest charges be if she elects t..

  Debt-equity ratio constant

For the next fiscal year, you forecast net income of $48,100 and ending assets of $504,000. Your firm's payout ratio is 9.6%. Your beginning stockholders' equity is $298,000 and your beginning total liabilities are $119,700. What amount of equity and..

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