What is the value of the payments today

Assignment Help Finance Basics
Reference no: EM132347930

Your crazy uncle left you a trust that will pay you $16,000 per year for the next 23 years with the first payment received one year from today. If the appropriate interest rate is 4.9 percent, what is the value of the payments today?

Reference no: EM132347930

Questions Cloud

How long will it take for you to pay off the loan : If the interest rate on the loan is an APR of 15.2 percent compounded monthly, how long will it take for you to pay off the loan?
Describe how to overcome barriers to communication : Explain the methods you can follow to establish the communication and language needs of individuals. Describe how to overcome barriers to communication
What insights gained could be meaningful for context today : In this course, we are learning that the stories in Exodus and Deuteronomy are an integral part of the grand story of Christian Scripture.
What are the aspects to implementing the six-sigma concept : Read the case: Katz Carpeting, available in the Operations Management textbook, Chapter 7. If production of standards and specials is separated, how different.
What is the value of the payments today : If the appropriate interest rate is 4.9 percent, what is the value of the payments today?
Describe the clinical issue involving a specific medication : For this assignment, select one clinical practice issue that involves a specific medication. Using a Computerized Provider Order Entry (CPOE) system.
Standard decreasing twenty-year annuity immediate : Given that, find the Macaulay duration of a standard decreasing twenty-year annuity immediate, whose present value is denoted by (Da)20.
Which type of organism causes gonorrhea : The School Certificate and General Certificate of Education Ordinary Level- HUMAN AND SOCIAL BIOLOGY-5096/2-How do these structures differ in a male and female
Find the center of mass : A system of four masses, of 20kg, 16kg, 10 kg and 5 kg are located at (-3, 4), (2, 6), (4, -6), and (5, 2), respectively. Find the center of mass

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