What is the future value-intermediate calculations

Assignment Help Financial Management
Reference no: EM13947400

What is the future value of $1,690 in 16 years assuming an interest rate of 8.00 percent compounded semiannually? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Reference no: EM13947400

Questions Cloud

Under generally accepted accounting principles : Just as a house has rooms, a company has departments. These can be internal or external. These departments may be significant enough to have individual investor impact. If this is the case, they must be reported.
Change in firms total monthly profits on present value basis : Microbiotics currently sells all of its frozen dinner’s cash on delivery but believes it can increase sales by offering supermarkets 1 month of free credit. The price per carton is $160, and the cost per carton is $95. The unit sales will increase fr..
Discuss benefits and drawbacks of perl. : Write a 3 to 5 page paper discussing the above, particularly the benefits and drawbacks of Perl.
Minimum power input needed to effect the soldering : Two long copper rods of diameter D = 10 mm are sol- dered together end to end, with solder having a melt- ing point of 650°C. The rods are in air at 25°C with a convection coefficient of 10 W/m2 · K. What is the minimum power input needed to effec..
What is the future value-intermediate calculations : What is the future value of $1,690 in 16 years assuming an interest rate of 8.00 percent compounded semiannually? (Do not include the dollar sign ($). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations.
What rate can you earn on a one-year risk-free us security : The spot rate for the Japanese yen currently is ¥121 per $1. The one-year forward rate is ¥120 per $1. A risk-free asset in Japan is currently earning 5 percent. If interest rate parity holds, what rate can you earn on a one-year risk-free U.S. secur..
Percentage of total sales derived from the major customer : Which of the following information items with regard to a major customer must be disclosed? a. The identity of the customer.
Transfers heat by convection to a cold fluid : 1. A long, circular aluminum rod is attached at one end to a heated wall and transfers heat by convection to a cold fluid. (a) If the diameter of the rod is tripled, by how much would the rate of heat removal change?
Calculate the expected return and standard deviation : Calculate the expected return. Calculate the standard deviation.

Reviews

Write a Review

Financial Management Questions & Answers

  Amount of the operating cash flow-long-term debt

The Beach House has sales of $790,000 and a profit margin of 7 percent. The annual depreciation expense is $80,000. What is the amount of the operating cash flow if the company has no long-term debt?

  Group of private investors purchased a condominium complex

A group of private investors purchased a condominium complex for $2 million. They made an initial down payment of 10% and obtained financing for the balance. If the loan is to be amortized over 11 years at an interest rate of 8.6%/year compounded qua..

  Estimated of the stocks intrinsic value per share

Based on the corporate valuation model, the value of Serenity Inc. operations is $1,200 million. The company's balance sheet shows $80 million in accounts receivable, $60 million in inventory, and $100 million in market able securities. what is the b..

  Capital investment financial analysis

Which of the following is a step (or are steps) in a capital investment financial analysis?

  Annual percentage rate on your credit card

The annual percentage rate (APR) on your credit card is 14.5% (monthly compounded). During the first week of school, you racked up $700 in credit card debt. You do not have access to a cheaper source of financing, and you definitely do not want to te..

  Decided to sell a new line of golf clubs

McGilla Golf has decided to sell a new line of golf clubs. The clubs will sell for $500 per set and have a variable cost of $200 per set. The company has spent $122,000 for a marketing study that determined the company will sell 56,000 sets per year ..

  Explain comprehensive major medical policy

Nick an dSheila Preston are married and have purchased a comprehensive major medical policy which covers them and their two sons, Wally and Brent.

  The expected inflation rate

If the nominal interest rate is 8% and the risk-free rate is 3%, the expected inflation rate must be

  Arithmetic average growth rate in dividends

Suppose Stark Ltd. just issued a dividend of $2.14 per share on its common stock. The company paid dividends of $1.80, $1.89, $1.96, and $2.07 per share in the last four years. If the stock currently sells for $60, what is your best estimate of the c..

  Cash flows from operations are constant in years

Foley Systems is considering a new investment whose data are shown below. The equipment would be depreciated on a straight-line basis over the project's 3-year life, would have a zero salvage value, and would require additional net operating working ..

  What should be its price in the bond market

If a corporate bond with a face value of $1,000 has 24 years to go until it matures, has a coupon interest rate of 5.7%, paid semiannually, and has a yield to maturity (YTM) of 4.2%, what should be its price in the bond market (ie, PV)?

  What is the least you could pay to acquire a bill

A Treasury bill has a bid yield of 3.66% and an ask yield of 3.6%. The bill matures in 129 days. Assume a face value of $1,000. What is the least you could pay to acquire a bill?

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