What is the present value of the annuity

Assignment Help Finance Basics
Reference no: EM132473786

You are entitled to receive an annuity of AUD1,000 per year for the next four years. Assuming an interest rate of 8% (annual) what is the present value of the annuity.

Reference no: EM132473786

Questions Cloud

Compounding frequency on a loan : The compounding frequency on a loan is once every year. If you borrow $35,974.44 at an annual interest rate of 3.75%, how much must you pay every year
Calculate price and efficiency variance for each activity : Calculate the flexible budget variance for each activity in 2020. Calculate the price and efficiency variance for each activity in 2020
Discuss opinion about challenges of management in healthcare : Post a short reflection, approximately 1 paragraph in length, discussing your thoughts and opinions about challenges of management in healthcare.
Journalize the transactions for miller company : Journalize the transactions for Miller Company. Assume a perpetual inventory system. Also, assume a constant gross profit ratio for all items sold.
What is the present value of the annuity : You are entitled to receive an annuity of AUD1,000 per year for the next four years. Assuming an interest rate of 8% (annual) what is the present value
Calculate what mrfi stock price : Based on the forecasted dividend stream, calculate what MRFI's stock price should be 13 years from now, instantaneously after Div13 is paid.
How could prepare general journal entries to record : How could prepare general journal entries to record ? Maverick Ltd issued a prospectus to the public offering 10 million shares at $1.50 each on 1 July 2018
How does each work exhibit influence of greco-roman period : How does each work exhibit influence of the Greco-Roman period? Is the influence specifically Greek, Etruscan, or Roman - or a combination?
What are the risks to the financial intermediaries : What are the risks to the financial intermediaries presented by securitized assets?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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