What amount should the payments be

Assignment Help Financial Management

Reference no: EM131927837

Instead of investing the entire $949,100, Bogut invests $278,900 today and plans to make 13 equal annual investments into the fund beginning one year from today.

What amount should the payments be if Bogut plans to establish the $3,685,621 foundation at the end of 13 years?

(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Reference no: EM131927837

Questions Cloud

What type and maturity should he avoid : If Miguel thinks that interest rates are going to increase, what type and maturity of bond should he purchase? What type and maturity should he avoid?

Determine what is the net profitability in dollars : The total income generated from their investments was $280,000 after all expenses were paid.

What is operating leverage-what is inventory turnover : What is operating leverage? Why is it important? Discuss the company’s operating leverage. What is inventory turnover?

Discuss gender roles stereotype myths and control in society : Discuss gender roles, stereotypes, myths, and/or controls in society that existed then and you see exist today.

What amount should the payments be : What amount should the payments be if Bogut plans to establish the $3,685,621 foundation at the end of 13 years?

What is the probability that exactly 4 of the 10 items : The average starting salary of this year's graduates of a large university (LU) is $25,000 with a standard deviation of $5,000. Furthermore, it is known

Encourage issuers to engage in ratings shopping : Why does the current system encourage issuers to engage in “ratings shopping”?

Played in the build up to recent global financial crisis : What is the role that higher LTV ratios played in the build up to the recent Global Financial Crisis?

Find the present value of the obligation : The claimant is expected to live an additional 20 years. Claim payments are made at yearly intervals, with the first payment to be made one year from today.

User Account

All Pages