What is the present value of this annuity

Assignment Help Accounting Basics
Reference no: EM133150898

Question - On 8/1/2029, you will start making monthly deposits of $600 into a fund that has an expected return of 7%. You are hoping to make a total number of 68 deposits. What is the present value of this annuity on 03/1/2029?

Reference no: EM133150898

Questions Cloud

Record the entries related to the schaefer stock : Schaefer has a total of 8,300 shares of common stock outstanding. Record the entries related to the Schaefer stock in 2021
Concepts presented in course managerial accounting : Critically think about some of the learning objectives and concepts presented in the course managerial accounting.
Prepare balance sheet for the fund in good form : The following adjusted trial balance is taken from the General Fund of Align City for the year ended June 30. Prepare Balance sheet for the fund in good form
CAS203 Principles of Case Management Assignment : CAS203 Principles of Case Management Assignment Help and Solution, Stott's College - Assessment Writing Service
What is the present value of this annuity : On 8/1/2029, you will start making monthly deposits of $600 into a fund that has an expected return of 7%. What is the present value of this annuity
What the stockholders equity section of skysong company : Purchased treasury stock (common) for $43,500. What the stockholders' equity section of Skysong Company's December 31, 2020, balance sheet
What are the repercussions of over or underfunding : How do you know if a pension is over or underfunded? What are the repercussions of over or underfunding?
Calculate the quick ratio using two decimal place accuracy : The following is a partial list of account balances found on Company XYZ's Balance Sheet: Cash: 5600. Calculate the quick ratio using TWO DECIMAL PLACE accuracy
Calculate the cash balances and interest based cash balances : Calculate the cash balances and the interest based cash balances. For both columns, highlight the maximum amount tied in the project during the ten years

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