What one-time deposit must invest now

Assignment Help Financial Accounting
Reference no: EM132966326

Problem 1: What is the Present Value (How much you invest) in a US Savings Bond if the maturity value is $8,000 in 10 years if it offers a 2.59% interest rate compounded annually.

Problem 2: You need $500,000 when you retire in 30 years. What one-time deposit (present value) must you invest now if the rate is 5.25% compounded monthly?

Problem 3: In ten (10) years, you'll need $150,000 for your child's education, and you just inherited a large sum of money. How much should you invest (present value) in a 529 Educational Plan if they are paying 3.35% compounded weekly?

Reference no: EM132966326

Questions Cloud

Explain common types of receivables : Compare the amount of A/R for Target to its biggest competitor for the two years preceding the most recent year. What does this tell you?
Relationship between annual objectives and policies : Describe the relationship between annual objectives and policies.
Analyze the notes for most recent financial statements : Analyze the notes for most recent financial statements for Target. In what note number did you find the amount for Allowance for Doubtful Accounts?
Should the city apply the laws in effect as of january : Should the City apply the laws in effect as of January 1, 20X5, and not take into account the July 12, 20X5, court ruling on Senate Bill XYZ?
What one-time deposit must invest now : You need $500,000 when you retire in 30 years. What one-time deposit (present value) must you invest now if the rate is 5.25% compounded monthly?
Compare and contrast anti-fraud efforts : Go online to any two health care third-party payer websites. You might pick the company with which you have your own health insurance policy, and/or another tha
What will the maturity value be in forty years : If you invest $90,000 in a mutual fund paying 5.27% interest compounded continuously, what will the maturity value be in 40 years?
Calculate corina taxable income : Corina is a single resident taxpayer of Australia, Calculate Corina's taxable income and tax payable/refundable for the 2020-21 income tax year.
Provide loud new monthly revenue recognition journal entry : How should Loud account for this contract modification? The $55 per month is Loud's current stand-alone price for this plan that is available to all customers.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Prepare deferred tax worksheet and journal entries to adjust

Allowance for doubtful debts (25,000). Prepare the deferred tax worksheet and journal entries to adjust deferred tax accounts.

  Prepare the companys classified balance sheet

Prepare the company's classified balance sheet in report form at June 30, 2014. Prepare the company's post-closing trail balance at June 30, 2014.

  What is the weighted-average number of shares outstanding

On January 1, 2015, Gridley Corporation had 250,000 shares of its $2 par value common stock outstanding. On March 1, Gridley sold an additional 500,000 shares on the open market at $20 per share. What is the weighted-average number of shares outstand..

  Which plan will result in the higher eps

Under Plan II, there would be 300,000 shares of stock outstanding and $10 million in debt outstanding. The interest rate on the debt is 10 percent, and there are no taxes. If EBIT is $1.5 million, which plan will result in the higher EPS?

  Journalize the business transactions

Question - Journalize the following business transactions in general journal form. Identify each transaction by number

  Do observe between the two sets of financial statements

Do observe between the two sets of financial statements and which company has greater debt-based incentives to manage reporting earnings? Why?

  Explain role of intermediary in australian financial service

Question - Explain the role of an intermediary in the Australian financial services market. Provide illustrative examples

  Harvey alexander an all-league professional football player

harvey alexander an all-league professional football player has just declared free agency. two teams the san francisco

  What is the fair P-E for the ABC Company

The market's expected long-term growth rate is 5% per year. If the fair market P/E is 15, what is the fair P/E for the ABC Company

  Calculate the premium on the bonds

The price of the bonds will be slightly more than $1,000.The price of the bonds will be slightly less than $1,000.The price of the bonds will not change.

  Prepare general journal entries to record the march

Prepare general journal entries to record the March 16 sale using the Weighted average valuation method and FIFO inventory valuation method.

  Compute the costs of leather and direct labor

Budget Variances, Materials and Labor Bolsa Corporation produces high-quality leather belts. The company's plant in Boise uses a standard costing system and has set the following standards for materials and labor:  Compute the costs of leather and di..

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