What is the future value of annuity payment

Assignment Help Financial Management

Reference no: EM131604273

What is the future value of a $620 annuity payment over four years if interest rates are 8 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

Reference no: EM131604273

Questions Cloud

What is the equivalent present cost of the park : This is a permanent park (n = infinity). At an interest rate of 10%, what is the equivalent present cost of the park?

What is the standard deviation for five-month period : Assume a particular stock has an annual standard deviation of 28 percent. What is the standard deviation for a five-month period?

Minimizing the cost of the material in a cylindrical can : A context for a modeling problem where you are given that xy = 120 and you are minimizing the quantity 2x + 6y.

Define cope with the current environmental issue : identify and use his or her own strengths to overcome and cope with the current environmental issue

What is the future value of annuity payment : What is the future value of a $620 annuity payment over four years if interest rates are 8 percent?

Lenders are more comfortable lending to owner-occupants : How can a comparison of the cost to the borrower be made between differently structured loans? Lenders are more comfortable lending to owner-occupants. Why?

Find the maximum volume of a box : An open box is made from a 20-inch square piece of cardboard by cutting squares of side h from the corners and folding up the edges, giving the box in Figure.

Discuss the type of contingencies that coca cola is involved : From link below, briefly discuss the type of contingencies that Coca Cola is involved in and the accounting treatment of such contingencies.

Explain the importance of sleep regarding the physical : Briefly explain a few of the significant developments that occur during adolescence and the impact they can have on future development

User Account

All Pages