What single payment made today would be

Assignment Help Accounting Basics
Reference no: EM133053596

Question - A payment of $700 is due in 2 years, and $4,800 is due in 6 years. What single payment made today would be equivalent to these original payments? Assume that money earns 3.75% compounded semi-annually.

Reference no: EM133053596

Questions Cloud

What is the importance of social media : What is the importance of social media, can it be harmful? What is the connection of social media and advertisement? Harvard referencing
Determine dividends per share for preferred and common stock : Windborn Company has 15,000 shares of cumulative preferred 3% stock, Determine the dividends per share for preferred and common stock for each year
Was the debt security classified as available-for-sale : Was the debt security classified as available-for-sale and did its 2021 market price decline exceed its 2022 market price recovery
Standards for successful project management : Discuss the importance of top management commitment and the development of standards for successful project management
What single payment made today would be : What single payment made today would be equivalent to these original payments? Assume that money earns 3.75% compounded semi-annually
Fertility drugs and ovarian cancer : Stanford University medical researchers conducted a study on the correlation between the use of fertility drugs and ovarian cancer.
What is the annual after-tax cost to Idaho Office Supply : What is the annual after-tax cost to Idaho Office Supply if it provides Seiko with the $18,900 increase in salary? (Ignore payroll taxes.)
Focus on mobile networks : We looked at networks in general; however, in this discussion we're looking at wireless networks, mostly focusing on mobile networks
Prepare journal entries of all mentioned transactions : Prepare the journal entries of all the above mentioned transactions (purchase of the vehicle, issuance of the note payable, prepayment of the insurance

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