What deposits made at the beginning of each month

Assignment Help Accounting Basics
Reference no: EM132590952

Question - What deposits made at the beginning of each month will accumulate to $120,000 at 8% compounded semi-annually at the end of 10 year?

a. $100.85

b. $720.35

c. $655.88

d. $660.19

Reference no: EM132590952

Questions Cloud

Cyber-attack has caused on nation financial infrastructure : Create an official report of what issues this cyber-attack has caused on the nation's financial infrastructure.
What will be the balance after six years : James deposited $150 at the beginning of each month for 2 years. The bank charges 4% compounded monthly. What will be the balance after six years
What is the strategic importance of the corporate governance : What is the strategic importance of the Corporate Governance, discuss any case which lead to the huge loss due to the failure of corporate governance.
Compute the shutdown costs : Peeta Company is in the fish canning industry. Evaluate the result of continued operations and compare with shutdown of operations.
What deposits made at the beginning of each month : What deposits made at the beginning of each month will accumulate to $120,000 at 8% compounded semi-annually at the end of 10 year
How calculate the fixed overhead cost variance : he allocation base for overhead costs is direct labor hours. From the following data, How calculate the fixed overhead cost variance
Business continuity plan and disaster recovery plan : Research and select an organization that effectively implement the disaster recovery and business continuity plan.
How much total principal is repaid till the beginning : How much total principal is repaid till the beginning of the 17th payment interval of a 4.5-year loan for $4,567 at an interest rate of 7.44%
Which regulation and sources can we use in this situation : Lance asks you to explain why his employer, the Good Food Truck Stop, Which regulation and sources can we use in this situation

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.

  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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd