User Account

All Pages

Series of deposits in an interest bearing account

Assignment Help Finance Basics
Reference no: EM131710608

You are planning to make a series of deposits in an interest bearing account. You will deposit $1,000 today, $ 2,000 in two years and $8,000 in five years. If you withdraw $3,000 in three years and $5,000 in seven years, how much will you have after eight years if the interest rate is 9 percent.

Reference no: EM131710608

Questions Cloud

Calculate the amount of principal reduction : If you took out $300,000 mortgage loan to be repaid over 30 years at 9.0%, calculate the amount of principal reduction in the first year.
Define the factors that might lead a health care : Describe some of the factors that might lead a health care organization toward, as Graber suggests in your text
Find recent evidence in the wall street journal : Find recent evidence in the Wall Street Journal Financial matters (interst rate, loans) and other business publications on how companies are expanding
Identify the information needed to develop a template : Identify the information needed to develop a template that will be used to complete the individual employee's learning plan.
Series of deposits in an interest bearing account : You are planning to make a series of deposits in an interest bearing account. You will deposit $1,000 today, $ 2,000 in two years and $8,000 in five years.
Discuss collecting new information to meet specific needs : Secondary research: collecting information which has already been gathered for another purpose
How does religion shape our attitudes toward the family : Which groups are most likely to show low levels of religiosity? Why? How does religion shape our attitudes toward the family, education, and government?
Positive exposure to event risk : Why traditional financial assets have negative exposure to event risk, while commodities generally have positive exposure to event risk?
Why are property taxes, especially real property taxes : Why are property taxes, especially real property taxes, such a major source of revenue for most local governments,what special issues might be present

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the length of the annuity time period

You are considering an annuity which costs $160,000 today. The annuity pays $18,126 a year at an annual interest rate of 7.50 percent. What is the length of the annuity time period?

  Required a 12 percent rate of return on the issue

Required a 12 percent rate of return on the issue?

  Profit and loss position and closing down

The Adelaide Private Hospital has 3 patient services departments - Adult Medicine, Obstetrics and Pediatrics. It also has 3 patient support departments - administration, Facilities and Finance. The revenues of the three patient services department..

  Vacuum oven for brazing small fittings

Emma runs a small factory that needs a vacuum oven for brazing small fittings. She can purchase the model she needs for $180,000 up front, or she can lease it for $4,200 per month. She can borrow at 7% APR, compounded monthly. Assuming that the ov..

  What is the present value of this liability

To assess the value of the firm's stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 6.25 percent, what is the present value of this liability?

  Which project should accepted based on payback decision rule

Project B has an expected payback period of 3.6 years with a net present value of $8,400. Which projects should be accepted based on the payback decision rule?

  Determine the profitability index for this project

An investment project requires a net investment of $100,000 and is expected to generate annual net cash inflows of $25,000 for 6 years. The firm's cost of capital is 12 percent. Determine the profitability index for this project.

  Purpose of auditing-other assurance services and accounting

Write a paper of no more than 700 words describing and stating the purpose of auditing, other assurance services, and accounting. State the relationships between the three and provide examples.

  Compare and contrast a defined benefit and a defined

compare and contrast a defined benefit and a defined contribution pension

  Suppose that the plant can be sold for 90 million to

an auto plant that costs 100 million to build can produce a new line of cars that will generate cash flows with a

  The article focuses on harmful economic effects but also

1.the government decides to tax cookbooks because they feel that they encourage overeating and can lead to health

  What is the expected number

What is the probability that 4 or more live in poverty? What is the probability that 3 live in poverty? What is the expected number (mean) that live in poverty

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