What would be the future value

Assignment Help Financial Management
Reference no: EM131155786

Use a financial calculator or computer software program to answer the following questions:

a. What would be the future value of $15,555 invested now if it earns interest at 14.5 percent for seven years?

b. What would be the future value of $19,378 invested now if the money remains deposited for eight years and the annual interest rate is 18 percent?

Reference no: EM131155786

Questions Cloud

Evaluate the firms sustainable growth rate : Calculate and evaluate the firms sustainable growth rate (SGR) for the last 2-3 years and what are the consequences faced by firms that grow at a rate that is not consistent with their sustainable rate?
Determine the temperature and composition of the two phases : A stream that contains a methanol/ethanol mixture with 32% mol methanol is flashed to 100 °C to a pressure such that the molar rate of the vapor stream is 75% of the feed. Determine the temperature and the composition of the two phases.
Define the concept of quality : 1) What is "Six Sigma," and comment on its applicability and value, if any, in your organization. 2) Define the concept of "quality" as used in your organization
What type of bankruptcy agreement would you recommend : What type of bankruptcy agreement would you recommend?  Why?  In your answer be sure to compare at least two types of bankruptcy and the pros and cons of each
What would be the future value : What would be the future value of $19,378 invested now if the money remains deposited for eight years and the annual interest rate is 18 percent?
Prepare post that provides a brief description of situation : Prepare a post that provides a brief description of the situation, and then present a cause-and-effect or problem-solution outline of the issue or problem.
Summarize the key features of the hitech act : From the third e-Activity, analyze the primary manner in which EHR technology ensures improvement in the quality of patient care. Next, speculate on the overall impact that the health care information system standards have on the adoption of EHR t..
Review the comprehensive annual financial report : Review the Comprehensive Annual Financial Report (CAFR) for 2013 from the city of Cedar Rapids, Iowa, and answer the following questions.
Organizational climate that supports innovation : In developing an organizational climate that supports innovation, management often overlooks critical issues. This is true especially when setting up and nurturing communication networks.

Reviews

Write a Review

Financial Management Questions & Answers

  Investment banker with starting annual salary

Sarah started working as an investment banker with a starting annual salary of $84,000 on January 1, 2014. She receives her salary in equal monthly instalments at the end of each month. Assuming she will continue to contribute exactly 5% every month ..

  European-style floating lookback call option on stock index

A new European-style floating lookback call option on a stock index has a maturity of 9 months. The current level of the index is 400, the risk-free rate is 6% per annum, the dividend yield on the index is 4% per annum, and the volatility of the inde..

  Just above cost to get people into a store

_____ involves pricing one or more items at or just above cost to get people into a store.

  Automated trash truck with a robotic arm to pick up the cans

You are a city Planner who is considering buying an automated trash truck with a robotic arm to pick up the cans. The initial investment will be $4,500,000 immediately. using the NPV decision rule, calculate NPV and state whether u accept or reject. ..

  Sinking fund gains an annual effective interest rate

Seth borrows X from Tina and agrees to pay it back over 20 years using the sinking fund method. At the end of each year, Seth will deposit 400 into the sinking fund, as well as pay Tina the interest on the loan. If Tina charges Seth an annual effecti..

  Calculate the weights on the minimum variance portfolio

Assessment 2 aims to provide students with an opportunity to analyze various investment alternatives based on the respective risk and return so as to choose the most appropriate investment opportunity.  Calculate the weights on the optimal risky port..

  Price of the bond using duration approximation

Calculate the duration of a 4-year, 4 percent coupon bond with a face value of $1000. Assume that the yield on this bond is 5 percent.  If the interest rates decrease 10 basis points, what would be the approximate change in the price of the bond usin..

  What coupon rate should the company set on new bonds

Pembroke Co. wants to issue new 16-year bonds for some much-needed expansion projects. The company currently has 7 percent coupon bonds on the market that sell for $1,035, make semiannual payments, and mature in 16 years. What coupon rate should the ..

  Zero coupon bond-what was your total return for past year

You purchased a zero coupon bond one year ago for $173.85. The market interest rate is now 9 percent. If the bond had 20 years to maturity when you originally purchased it, what was your total return for the past year? Assume semiannual compounding. ..

  Earnings that are high quality would

Earnings that are high quality would

  Fairly compensated for the risk of the firm

The risk free rate is 7%, the return in the market is 10%, and the beta is 1.30. What return must you receive to be satisfied that you are being fairly compensated for the risk of the firm?

  Warrior uses the discounted payback method

Warrior Industries is installing new equipment at a cost of $12,000,000. Expected cash flows from this project over the next 5 years will be $2,000,000, $2,000,000, $4,000,000, $6,200,000 and $8,000,000. The company's discount rate for such projects ..

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