What is the present value of CD

Assignment Help Accounting Basics
Reference no: EM133022179

Question - What is the present value of CD with 4% annual interest that matures in 1 year with a value of $3000? If you had $3,000 right now, with the same rates for the same amount of time, can you calculate its future value? What factor would determine which value you chose to use?

Reference no: EM133022179

Questions Cloud

What is the initial outlay for this project : Sales revenues for the new line of stoves are estimated at $2,000 a year. What is the initial outlay for this project
Determine the rate of interest for week two : The loan called for a floating rate that was 28 basis points ?(0.28 ?percent) over an index based on LIBOR. Determine the rate of interest for week two
How much was the cash balance immediately : Rus received P112,000 in the settlement of his P400,000 capital balance. How much was the cash balance immediately before the non-cash assets were sold
What was the materials price variance : The actual production of the product in April was 870 units. While the production had been budgeted for 850 units. What was the materials price variance
What is the present value of CD : Question - What is the present value of CD with 4% annual interest that matures in 1 year with a value of $3000
What is the risk premium : A stock has an average return of 7% and is currently selling for $57 per share If the U.S. Treasury bill rate is 1% on average, what is the risk premium
How does sean want to change the joint tenancy : In legal terms, how does Sean want to change the joint tenancy?
Employee performance and development : What are 3 elements that you feel are important to employee performance and development.
Markup rate on selling price : Winston sells a self-defense chemical spray to Reina for P185. He marks it up 18% based on its cost. How much is the markup, markup rate on selling price, and w

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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