User Account

All Pages

What will be the account balance

Assignment Help Finance Basics
Reference no: EM131209278

Bob Bryan made deposits of $10,000 at the end of each quarter to Lion Bank, which pays 8% interest compounded quarterly. After 9 years, Bob made no more deposits. What will be the account's balance 4 years after the last deposit?

Reference no: EM131209278

Questions Cloud

Lance industries pay into the fund each period : Lance Industries borrowed $130,000. The company plans to set up a sinking fund that will repay the loan at the end of 18 years. Assume a 6% interest rate compounded semiannually. What amount must Lance Industries pay into the fund each period?
What are the ways derivatives can be used : What is the difference between financial futures and financial forward markets?- What are derivative markets? What are the ways derivatives can be used?
What is the value of annuity due : Twice a year for 15 years, Warren Ford invested $1,700 compounded semiannually at 6% interest. What is the value of this annuity due?
Compute the activity-based overhead rate for each activity : Compute the activity-based overhead rate for each activity cost pool. What is the benefit to Ideal Manufacturing of applying activity-based costing to its R&D activity for both in-house and outside charging purposes?
What will be the account balance : Bob Bryan made deposits of $10,000 at the end of each quarter to Lion Bank, which pays 8% interest compounded quarterly. After 9 years, Bob made no more deposits. What will be the account's balance 4 years after the last deposit?
What is the difference between a broker and a dealer : Discuss the major function of market makers in securities markets. - What is the difference between a broker and a dealer?
Determine the balances and reconcile with the balances : Journalize the above transactions. Open the customer's and supplier's cards - Post to T accounts the accounts receivable and accounts payable entries.
How much of your income must be saved when workin : If you work for 30 years and wish to retire for 15 years on 50 percent of your working income, how much of your income must be saved when working? (Assume that the interest rate and income when working are constant, and that there are no taxes.)
What is the value of lin annuity : Lin Lowe plans to deposit $1,800 at the end of every 6 months for the next 15 years at 8% interest compounded semiannually. What is the value of Lin's annuity at the end of 15 years?

Reviews

Write a Review

Finance Basics Questions & Answers

  Compare and contrast the main policies of the us federal

Compare and contrast the main policies of the US Federal Reserve and the European Central Bank over the last 10 years. Based on these policies, identify and contrast the main priorities of these institutions. How do these policies affect exchange rat..

  If the risk-free rate is 6 percent and the market risk

Stock Y has a beta of 1.25 and an expected return of 14 percent. Stock Z has a beta of .70 and an expected return of 9 percent. If the risk-free rate is 6 percent and the market risk premium is 7 percent, are these stocks correctly priced?

  What is the cost of equity for dell using capm

Market Risk Premium is 8.5%, what is the cost of equity for Dell using CAPM? This is with all current market numbers.

  What is the representative investor average degree of risk

The expected rate of return on the market portfolio is 8.50% and the risk-free rate of return is 2.50%. The standard deviation of the market portfolio is 24%. What is the representative investor's average degree of risk aversion?

  Determine what the weighted average cost of capital

Determine what the weighted average cost of capital

  Discuss the main drivers for commercial property development

DEVELOPMENT FINANCE AND FUNDING Coursework in lieu of NEW YORK TRIP JANUARY 2013. "Discuss the main drivers for commercial property development in the central London area over the last 6 years. Have BIDS been a significant factor for good in this a..

  What are the benefits of organizing the business

You are approached by a client who would like to start his own business. The client plans to take the company public in five years. What are the benefits of organizing the business as a corporation?

  Discuss and whether the item is positive or negative

From management's perspective, discuss and whether the item is positive or negative.

  You do not actually need to manufacture something but will

choose an item that you would like to manufacture a general product like athletic shoes baseball bats or baseball

  Rcommend an alternative to the capm for analyzing capital

recommend an alternative to the capm for analyzing capital assets. provide support for your recommendation.in times of

  Explain is this statement true false or uncertain

“Bank managers should always seek the highest return possible on their assets.” Is this statement true, false, or uncertain? Explain your answer.

  Describe accounting procedures governing valuation and

describe accounting procedures governing valuation and presentation of noncurrent investments. distinguish between

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd