Samir have in this account at the end of 38 years

Assignment Help Finance Basics
Reference no: EM131478491

Samir placed $1,911 in a savings account today that has an annual interest rate of 11 percent, compounded annually. How much will Samir have in this account at the end of 38 years? Assume that all interest received at the end of the year is reinvested the next year.

Reference no: EM131478491

Questions Cloud

Analyze the major effects that relative interest : "Exchange Rate and Transaction and Translation Exposure"- Analyze major effects that relative interest and inflation rates could have on a country's currency.
How the appraisal mechanism is tied to a job analysis : Performance management is a systematic process that entails planning work, setting expectations, monitoring outcomes, developing capability.
What is the amount if you pay for the clothes dryer today : The store is willing to discount the price at an annual rate of 8 percent (compounded annually) if you pay today. What is the amount if you pay for the clothes.
Compare the sharpe ratio with the sortino and sterling : Discuss the advantages of risk-adjusted returns relative to absolute return measures. In particular, compare and contrast the Sharpe ratio with the Sortino.
Samir have in this account at the end of 38 years : How much will Samir have in this account at the end of 38 years? Assume that all interest received at the end of the year is reinvested the next year.
Discuss the nonlinear payoff structure of hedge fund returns : Discuss the nonlinear payoff structure of hedge fund returns and provide an example of how hedge fund returns need to be adjusted for risk in this case.
Analyze what countries would you expand to first and why : What countries would you expand to first, and why? Explain venture capital process. Does it make sense for your company to raise funds through venture capital?
Company announcement of the investment : How would you expect the share price to change upon the company's announcement of the investment?
How to quantify operational risks in the hedge fund context : Discuss the possible types and the importance of operational risks for managing hedge fund risks. Provide an example of how to quantify operational risks.

Reviews

Write a Review

Finance Basics Questions & Answers

  Determining the market expected return

You have a stock and the measure of systematic risk for this stock is 1.9. Assuming that risk free rate is 4% and market expected return is 9% what is the expected rate of return on your stock?

  Calculate and graph the money growth rate

As a junior financial analyst in a brokerage firm, you have been asked by your boss to show the usefulness of the World Wide Web as a convenient resource for financial research.

  Valuation of the bond

What is the valuation of the bond if the market interest rates are 12%? What is the valuation of the bond if the market interest rates are 6%?

  Anne purchased a bond for a museum valued

Anne purchased a bond for a museum valued at $8000 for $2400. If the bond pays 5.5% annual interest compounded monthly, how long must she hold it until it reaches its full face value?

  How does this affect output and the nominal interest rate

How does this affect output and the nominal interest rate? Could the nominal interest rate end up higher-not lower-than before the change in money growth? Why?

  What will be the bonds price

Suppose a ten-year, $1,000 bond with an 8.1% coupon rate and semi-annual coupons is trading for $1,034.69

  Would the calculated wacc depend in any way on the size of

the wacc is a weighted average of the costs of debt preferred stock and common equity. would the wacc be different if

  Calculate icy treats’ minimum and peak funding requirements

Icy Treats, Inc., is a seasonal business that sells frozen desserts. At the peak of its summer selling season the firm has $35,000 in cash, $125,000 in inventory, $70,000 in accounts receivable, and $65,000 in accounts payable. During the slow winter..

  Periods of high inflation

During periods of high inflation, U.S. firms have strong incentives to purchase short-lived assets and frequently replace them, rather than investing in long-lived assets. True, False, Uncertain and explain

  What is the current value of the chambers common stock

Chambers Corporation's ROE is 18%.  Their dividend payout is 80%.  The last dividend, just paid, was $2.20.  If dividends are expected to grow by the company's internal growth rate indefinitely, what is the current value of the Chambers common stock ..

  Discuss ways to discourage or prevent myopic behavior

If budget performance is overemphasized, myopic behavior can occur where a manager takes actions that improve budgetary performance in the short run but cause long run harm to the firm. Give at least two examples of myopic behavior that might be enco..

  It may surprise you that there are cash flows associated

it may surprise you that there are cash flows associated with holding a job.nbsp using the examples provided in chapter

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