What must the interest rate be

Assignment Help Financial Management
Reference no: EM131853788

1. Your goal is to save $75,000 at the end of 8 years. Today, you deposit $10,000. You make an additional 5 yearly deposits growing at 5 percent. What must the interest rate be? Must show your work.

2. On March 1 of this year you borrowed $ 75 000 toward materials for a product you hope to have on the market in November of this year. You have agreed upon an annual interest rate of 8.2% compounded monthly. You also have agreed to begin repaying the debt on December 1 next year. What are your monthly payments?

Reference no: EM131853788

Questions Cloud

Maximum error of estimation : What sample size is required for a maximum error of estimation of 10 for a population whose standard deviation is 40 using a confidence interval
Conceptual hypothesis test situations : For each situation define H0 and H1 so as to provide control of the more serious error. Justify your choice and comment on logical values for a.
Discuss about the strategic management process : The discussion posts in this course will follow a fictitious company called Digital Worldwide. They have hired you as an entry level manager.
What principles of hypothesis testing : What principles of hypothesis testing are illustrated by these exercises?
What must the interest rate be : You make an additional 5 yearly deposits growing at 5 percent. What must the interest rate be?
What is the p value associated with test : (a) Test the null hypothesis that the grades from this class are a random sample from the stated distribution. (Use a = 0.05.)
What are the features-characteristics-risks of this bond : What are the features/characteristics/risks of this bond? How is it rated? How would you buy it? How is it traded?
Confidence interval on mean family income : (a) Assume s has remained unchanged and test to see whether mean income has changed using a 0.05 level of significance.
Short selling to reduce unwarranted volatility in the market : Should we ban short selling to reduce "unwarranted" volatility in the markets and to keep the pessimists at bay as some commentators argue?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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