What is the present value of this stipend

Assignment Help Financial Accounting
Reference no: EM132983069

Question - You have an automatic stipend set up with your bank, where you will receive $450 semi-annually for the next six years. If annual interest rates are 5.5%, what is the present value of this stipend?

Reference no: EM132983069

Questions Cloud

Managing expatriate employee personal : Royal Dutch Shell (RDS) is a global petroleum company with joint headquarters in London and The Hague. The company employees over 100000 people, approximately 5
Show the effect of each transaction on accounting equation : Show the effect of each transaction on the accounting equation. For Retained Earnings, use separate columns for Revenues, Expenses, and Dividends if necessary.
Celebrating and promoting innovation in the workplace : Describe five (5) ways of celebrating and promoting innovation in the workplace
Discuss the actions the human resources personnel : As a consultant, HR of One, or a business partner, discuss the actions the human resources personnel can take to ensure the integrity of organizational leadersh
What is the present value of this stipend : You have an automatic stipend set up with your bank, If annual interest rates are 5.5%, what is the present value of this stipend
Describes the former ceo''s leadership at churnout : According to Likert's description of leadership patterns which of the following describes the former CEO's leadership at Churnout?
Establishment of a training-development function : Company A does not have a central Training & Development function. Each manager sends their employees to external training and development opportunities.
What do tell client : What do tell client? You are a financial adviser. Your client is thinking of investing $600 at the end of every six months for the next six years
Determine the estimated units of sales of overall enterprise : Determine the estimated units of sales of the overall enterprise product, E, necessary to reach the break-even point for the current year.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the regular and simplied method

What is the regular and simplied method? What are some of the differences between each of these methods and when would you know which one to use?

  Internal-external users in governments than in businesses

Why is it more difficult to distinguish between internal and external users in governments than in businesses? From what two perspectives must the financial statements under the Governmental Accounting Standards Board (GASB) No. 34 reporting model be..

  What is the annual cash flow generated by the project

IRR has been calculated to be 22% of cash flows are evenly distributed over the life of the project what is the annual cash flow generated by the project

  Estimate the value of a european exercise put option

As an expert in pricing financial derivatives, Estimate the value of a European exercise put option on the index with the same exercise price and expiry date.

  What will the bonds amortized cost be at the maturity date

Cullumber Corporation issued $380,000 of 5-year bonds on April 1, 2020. What will the bonds amortized cost be at the maturity date

  Prepare the journal entry to record depreciation expense

Prepare the journal entry at December 31, 2020, to record asset impairment, if any. Prepare the journal entry to record depreciation expense for 2021.

  Evaluate list three expense accounts related to payroll

Describe when you would expect the account to be cleared to zero. Explain the methods you could use to reconcile these accounts.

  What is the ending balance of the amortized loan

What is the ending balance of the amortized loan at the end of the third year? Construct an amortization schedule for a $1,000,Find the required annual payments

  Calculate pension expense for the year

Calculate pension expense for the year 2020, and provide the entries to recognize the expense and contributions for the year

  Belgian chocolate company makes dark chocolate

Belgian Chocolate Company makes dark chocolate and light chocolate. Both products require cocoa and sugar

  Find which statements regarding money purchase plan correct

Find which statements regarding a money purchase plan is (are) correct? The employee can choose from among different levels of contribution rates.

  What is the incremental cash inflow of the proposed credit

The monthly interest rate is 0.7% and your variable cost per unit is $72. What is the incremental cash inflow of the proposed credit policy switch

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