What is the future value of a five-year ordinary annuity

Assignment Help Other Subject
Reference no: EM132882766

Question 1: What is the present value of $15,000, to be received in 10 years, if the interest rate is 12%?

Question 2: You deposited $1,000 in an account that pays 8%, interest, planning to use it as a deposit on a condo. Seven years later you close out your account. How much money will you receive?

Question 3: What is the future value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate?

Reference no: EM132882766

Questions Cloud

What is the rate of return on the trust fund : Your grandfather placed $2,000 in a trust fund for you. In 10 years the fund will be worth $5,000. What is the rate of return on the trust fund?
How the hr strategies are shaped and developed : Evaluate Sainsburys how the HR strategies are shaped and developed in response to internal and external environmental factors
Safe and healthy work environment : At Green Branch Coffee, employees should have a safe and healthy work environment.
Prepare the necessary adjusting journal entry : Prepare the necessary adjusting journal entry assuming that Grimstad converts the accounts to LIFO at the end of 2019
What is the future value of a five-year ordinary annuity : What is the future value of a five-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate?
Differences between management and employee training : What are some of the differences between management and employee training?
Risk-return trade-off affects every person life : Describe risk-return trade-off and why it is important to financial managers. Risk-return trade-off affects every person's life,
Discuss strategies to motivate those sales employees : ?1. Making reasonable assumptions, develop criteria for the layoffs in the sales department.
How much do need to invest yearly : How much would you have to invest today at 8% compounded annually to have $25,000 available for the purchase of a car four years from now?

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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