What is its future value

Assignment Help Finance Basics
Reference no: EM131840357

You plan to invest $100,000 in a 3 year Certificate of Deposit that has a 5% compound interest rate. What is its future value?

What is the formula, please explain formula and how you got the answer

Reference no: EM131840357

Questions Cloud

Set up an abc costing system : Compare the cost to process an order at each plant and the nature of the orders to determine if costs are out of control. Set up an ABC costing system
Describe the role of social work in promoting social justice : Complete a research presentation on one contemporary social issue (for example, hunger and food insecurity, poverty and economic security, education.
At what rate did sales grow : Sales for Hanebury Corporation's just-ended year were $15 million. Sales were $8 million 5 years earlier. At what rate did sales grow?
What is my purpose in life : What is my purpose in life? What really counts? What do I want to accomplish in life? What legacy would you like to leave?
What is its future value : You plan to invest $100,000 in a 3 year Certificate of Deposit that has a 5% compound interest rate. What is its future value?
Prepare all the necessary journal entries on travis books : Prepare all the necessary journal entries on Travis's books to record the acquisition and the events subsequent to the initial investments
Correct formula for calculating future value : What is the correct formula for calculating future value with simple interest?
Why people are attracted to urban areas in the developing : Examine the main reasons why people are attracted to urban areas in the developing world.
What is the cash provided by operating during 2016 : What is the cash provided by operating during 2016? Net fixed assets increased from 990 million to 1090 million. What must have been fixed assets?

Reviews

Write a Review

Finance Basics Questions & Answers

  If a can containing 500 nuts is selected at random from

if a can containing 500 nuts is selected at random from each of three different distributors of mixed nuts and there

  Match each financial statement with its primary purpose

For each of the following accounts, indicate whether the account is shown in the income statement or the balance sheet.

  What is the next cash flow of this arbitrage strategy

What is the next cash flow of this arbitrage strategy at the option expiration date, assuming that stock XLT trades at $23 at expiration three months from now?

  What would be roses component cost of preferred stock

Rose has preferred stock selling for 99 percent of par that pays a 9 percent annual coupon. What would be Rose's component cost of preferred stock?

  Firm after-tax cost of debt on the bond

The company is in the 18 percent marginal tax bracket. What is the firm's after-tax cost of debt on the bond?

  Differentiate funds flow analysis and ratio analysis

Describe the primary difference between "funds flow" analysis and ratio analysis. Which analysis technique is preffered and why?

  What are franchise agreements

Summarize the following acts: sections 1 and 2 of the Sherman Act; the Clayton Act and the relationship to mergers; and the Robinson-Patman Act on price discrimination. What are franchise agreements?

  What is the right management decision in each case

Reevaluate the NPV of the proposedpolyzone project under each of the following assumptions. What's the right management decision in each case? a. Spread in year 4 holds at $1.20 per pound.

  Problem-taxes and the cost of capital

Here is Icknield's market-value balance sheet (figures in $ millions):

  To purchase an annuity from an insurance company

Suppose a 65-year-old person wants to purchase an annuity from an insurance company that would pay $20,000 per year until the end of that person's life. The insurance company expects this person to live for 15 more years and would be willing to pa..

  Various types of risk to whichinvestors

Compare long-term instruments and short-term risks, in terms of the various types of risk to whichinvestors are exposed. Explain your answers.

  Closing change in the price of the stock

What is the closing change in the price of the stock, both in dollar and percentage terms? What is the stock's 52-week price range? Now check out some of the links on the left-hand side of the page. What kind of information listed there do you fin..

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