What fixed amount of money should the company plan

Reference no: EM132144297

Question: The LST Company has contracted to make the following payments: $8500 immediately; $850 at the end of year 1; $1050 at the end of year 2; $1250 at the end of year 3 and $1450 at the end of year 4. What fixed amount of money should the company plan to set aside each year at 10% interest per your, compounded annually in order to make the above payments?

Reference no: EM132144297

Questions Cloud

Projections for future workforce needs : Outlines approaches to overcoming resistance to change and managing change so that managers may use these in turn among their own staff

What interest rate per month are they charging : A local finance company will loan $8,000 to a home-owner. It is to be repaid in 24 monthly payment of $498 each. The first payment is due 30 days after.

How many steakfries will the consumer now eat : A local restaurant, Getfat, supposedly sells the best cheese steakfries in town. A single consumer's demand function for their steakfries is QD = 8 - .5p.

Identify the key behaviors required of theresa : Identify the key behaviors required of Theresa and Mike to embed the desired culture. What is their role in leading the initiatives?

What fixed amount of money should the company plan : The LST Company has contracted to make the following payments: $8500 immediately; $850 at the end of year 1; $1050 at the end of year 2; $1250 at the end.

Evaluate the code of conduct for your current employer : They envision creating an organization such that Joe and other employees will know exactly what to do when faced with choices that involve ethics.

What is the lucas critique : What is the Lucas critique? What are rational expectations and how do they relate to the Lucas critique? What does it suggest might be a problem with activist.

Find the maximum likelihood estimate : M&Ms are "colorful button shaped chocolates." Suppose that from our point of view as a consumer, each M&Ms: M&Ms is equally likely to have one of c different.

How much money needs to be set aside each year : A machine costs 525,000 today and has an estimated scrap value of $3000. Inflation averages 4% per year. The effective annual interest rate is 7%.

User Account

All Pages