What is the size of the final payment

Assignment Help Finance Basics
Reference no: EM132740641

John has agreed to purchase his partner's share in real estate by making payments of $6,000.00 every three months. The agreed transfer value is $45,000.00 and interest is 10% compounded annually. If the first payment is due at the date of the agreement, what is the size of the final payment?

Reference no: EM132740641

Questions Cloud

Discuss how this financial crash in the usa impacted you : Discuss how this financial crash in the USA impacted you, your family, a career from which you may have been laid off, or someone you know who was affected.
What are some good qualities that make women well suited : What are some good qualities that make women (more so than men) well suited to assume high-level leadership roles? The response must be typed.
What is the? firm''s wacc in the levered? case : Consider an entrepreneur with the following investment opportunity. For an initial investment of $800 this? year, a project will generate cash flows of either
Prepare the journal entries to be recorded by cascade ltd : Cascade Ltd sells goods to Gardener Ltd, Prepare the journal entries to be recorded by Cascade Ltd as per the recognition criteria in AASB 15/IFRS 15.
What is the size of the final payment : If the first payment is due at the date of the agreement, what is the size of the final payment?
What is the rationale for health care organizations adoption : What is the rationale for health care organizations' adoption of strategic management? Contrast management, personnel, and human resources management.
Calculate amount of interest that mason should capitalize : On January 1, 2021, the company obtained, Calculate the amount of interest that Mason should capitalize in 2021 and 2022 using the weighted-average method.
Approximate yield rate for mary investment : What was the approximate yield rate for Mary's investment?
What will be the total value of periodic investments : What will be the total value of his periodic investments after 25 years?

Reviews

Write a Review

Finance Basics Questions & Answers

  Management practices of planning

This assignment focuses on how the management practices of planning, leading, organizing, staffing, and controlling are implemented in your workplace. If you are not currently working, you may use a previous employer. In this assignment, you must:

  A 40000 face value bond matures in 64 days and has a bank

A $40,000 face value bond matures in 64 days and has a bank discount yield of 4.5 percent. What is the current value of the bond?

  How much will you be able to withdraw

If you contribution the maximum currently allowable in a 401(k) plan per year at the end of each year (only your contribution, ignoring employer contributions).

  What is the name of the statistic used in an anova

If the independent variable has no effect, the calculated value of F will be around 1.00. Why?

  Difference between pension and postretirement benefits

What is the difference between pension and postretirement benefits?

  Compute the future worth of the cash flows

1. Compute the Future Worth of the cash flows shown in the diagram below. Use interest rates shown.

  Weighted average cost of capital formula

In the weighted average cost of capital formula, the after-tax cost of debt is used instead of the before-tax cost of debt.

  What is the incremental free cash flow

The use of the equipment will have no effect on revenues, but it is expected to save the firm $50,000 per year in before-tax operating costs. Your company's marginal tax rate is 35%. What is the incremental free cash flow for the first year of the..

  Describe the volatility of currency

List the foreign currencies that the company AIRBUS has exposure and describe the volatility of each currency.

  How much total will you pay for the home

Assuming all payments are made exactly on time for the life of the loan, how much total will you pay for the home? How much interest is paid over the life of th

  Stock b has an expected return of 181 what is the expected

you own a portfolio of two stocks a and b. stock a is valued at 8000 and has an expected return of 13.2. stock b has

  The prize money of the canadian open tennis tournament

n 1970, the prize money of the Canadian Open Tennis tournament was $15,000. In 2012, the prize money was $2,648,700. What was the percentage increase in the prize money over this period? If the winner's prize continues to increase at the same rate, w..

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