What will the winners prize be in 2040

Assignment Help Finance Basics
Reference no: EM13284004

In 1985, the winner of a competition was paid $110. In 2006, the winners prize was $70,000. What will the winners prize be in 2040 if the prize continues at the same rate?

A. 389,400 or B.421,122 or C.479,311 or D. 505,697 or E. 548,121

 

Reference no: EM13284004

Questions Cloud

Estimate the beta of the portfolio : Final Project Based on the data on the fourth tab of SU_MBA6010_Final_Project_Information.xls, provided in the Doc Sharing area, create an equally weighted portfolio of all ten stocks (including MNQ Company and the other nine stocks) and estimate ..
What is the cost of preferred stock : What is the cost of preferred stock that pays a 12% dividend and sells at par if the firm's tax rate is 35%? Hint: assume preferred stock price is $1,000 and dividend is $120.
What is plasti-techs stock price per share : If there are 10,000 common stock shares outstanding, what is Plasti-tech's stock price per share?
At what angle would this highway be directed : A highway is to be built between two towns, one of which lies 30.0 km south and 83.0 km west of the other. at what angle would this highway be directed
What will the winners prize be in 2040 : In 1985, the winner of a competition was paid $110. In 2006, the winners prize was $70,000. What will the winners prize be in 2040 if the prize continues at the same rate?
What is the maximin decision : The annual returns will depend on both the size of her station and a number of marketing factors related to the oil industry and demand for gasoline. After a careful analysis, Susan developed the following table.
Estimate the period of the oscillation : A spring has an unstretched length of 12cm. When an 80 g ball is hung from it, the length increases by 4.0 cm. What is the period of the oscillation
What is plasti-tech stock price per share : If there are 10,000 common stock shares outstanding, what is Plasti-tech's stock price per share?
From what height above the top of the window was pot dropped : a falling flower pot passes a 1.5 m tall window of an apartment building in a time of .16 s. from what height above the top of the window was the pot dropped

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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