User Account

All Pages

What annual interest rate must you earn

Assignment Help Accounting Basics
Reference no: EM133048835

Question - You have just deposited $14,000 into an account that promises to pay you an annual interest rate of 7.1 percent each year for the next 7 years. You will leave the money invested in the account and 15 years from today, you need to have $38,750 in the account. What annual interest rate must you earn over the last 8 years to accomplish this goal?

Reference no: EM133048835

Questions Cloud

How many days on average does it take Mario to sell : Question - Mario's Home Systems has sales of $2,740, costs of goods sold of $2,080, inventory of $488, How many days on average does it take Mario to sell
Why the portfolio is equivalent to a long straddle : (a) Speculators typically have a negative public image, briefly explain how allowing speculators to trade on futures exchanges is beneficial for the market.
MEM604 Engineering Management Capstone Assignment : MEM604 Engineering Management Capstone Assignment Help and Solution, Torrens University Australia - Assessment Writing Service
How is your internship going : When someone says to you, "How is your internship going?" what is the first thing that enters your mind. Post a brief statement about that thought.
What annual interest rate must you earn : You will leave the money invested in the account and 15 years from today, you need to have $38,750 in the account. What annual interest rate must you earn
Difference between an intranet and an extranet : What is the key difference between an intranet and an extranet? Why might a firm use a virtual private network instead of an extranet?
Potential risks involved with cloud computing : What are some of the potential risks involved with cloud computing?
What is the tax implication and also FBT : Peter is to sacrifice $250.00 gross wages per week and in return the company pays for his education. What is the tax implication and also FBT
Simple Client-Server architecture : How is Cloud Computing different from a simple Client-Server architecture? How is Virtualization different from Cloud Computing? Which is the best to use and wh

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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