What is the value today of his year salary

Assignment Help Accounting Basics
Reference no: EM131960648

Question - Marcel has just graduated from college and has found a job that will pay him $40,000 per year at the end of each year, but the job is only for 7 years. He is not worried about that because he plans go for an MBA after gaining 7 years experience. What is the value today of his 7-year salary assuming that the interest rate is 7%?

Reference no: EM131960648

Questions Cloud

What is the incremental analysis : Incremental Analysis: If production does increase dramatically after their presentation on Shark Tank, What is the incremental analysis
Common design parameters - matlab project : ELEC 3320 MATLAB Project - Design parameters will be based on the last four digits of your student ID. For example ID = xxx3806. For the purpose
Firms negotiate the commissions they charge to all clientele : SIPC protects investors against brokers churning their accounts. Most brokerage firms negotiate the commissions they charge to all their clientele.
What health care policy issue is important to me personally : What health care policy issue is important to me personally? What issue do I want to bring to this person's attention?
What is the value today of his year salary : Marcel has just graduated from college and has found a job that will pay him $40,000 per year, What is the value today of his 7-year salary
The difference between the total of all your payments : The difference between the total of all your payments and the amount of your payments that went toward your principal of $4,000??
What are some realistic outcomes that you could expect : How would you begin implementation of the quality improvement initiatives? What are some realistic outcomes that you could expect with a 6 to 12 month timeline?
How much has price of product changed on average year : How much has the price of this product changed on average per year in percentage Real terms over the period 2005 to 2009?
Determine the company earnings per share on common stock : Earnings per Share and Price-Earnings Ratio - Determine the company's earnings per share on common stock. Determine the company's price-earnings ratio

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