What would its future value be

Assignment Help Financial Management
Reference no: EM131989701

1. What's the future value of a 6%, 5-year ordinary annuity that pays $700 each year? Round your answer to the nearest cent.

$  

If this was an annuity due, what would its future value be? Round your answer to the nearest cent.

2. You have just started your first job. you to plan to start saving for retirement early and and invest 1,000 at the end of each year for the next 40 years in a fund that will earn a return of 6%. how much will you have at the end of 40 years?

Reference no: EM131989701

Questions Cloud

What rate have sales been growing : GROWTH RATES Sawyer Corporation's 2015 sales were $5 million. Its 2010 sales were $2.5 million. At what rate have sales been growing?
What are the formulas for these ratios : What are the formulas for these ratios? How do I calculate them?
Purchasing the crusher and not purchasing the crusher : At what cost of capital (required return) is Newton indifferent between purchasing the crusher and not purchasing the crusher?
What is your monthly payment-how much interest will you pay : If you must pay 7.5% compounded monthly , WHAT IS YOUR MONTHLY PAYMENT? HOW MUCH INTEREST WILL YOU PAY?
What would its future value be : If this was an annuity due, what would its future value be?
Find the present values of these ordinary annuities : PRESENT VALUE OF AN ANNUITY Find the present values of these ordinary annuities.
Annual coupon payments-what is the fair value of the bond : The interest rate of similar bonds is currently 9%. Assuming annual coupon payments, what is the fair value of the bond?
What is the borrower total cash outlay every sixth months : What is the borrower’s total cash outlay every 6 months?
What is the? bond yield to maturity : What is the? bond's yield to maturity? (expressed as an APR with semiannual? compounding)?

Reviews

Write a Review

Financial Management Questions & Answers

  No dividends were paid during six month period

What is Natalie’s profit assuming that no dividends were paid during the six month period?

  The required rate of return on project

The firm’s tax bracket is 40%, and the required rate of return on the project is 12%. What is the project NPV, and what would be the MACRS rate for each year.

  European call option contracts

You take a short position in 100 European call option contracts, with strike price $50 and maturity three months, on a stock that is trading at $52. The annual volatility of the stock is constant and equal to 22%. The annual, continuous risk-free int..

  What was your total return for the past year

If the bond had 15 years to maturity when you originally purchased it, what was your total return for the past year?

  Considering the purchase of two new milling machines

A metal fabricator is considering the purchase of two new milling machines. Model A costs $65,000 to purchase, has annual operating costs of $2,000, requires a $5,000 overhaul every 3 years, and has a salvage value of $3,500 at the end of its 8 year ..

  Bridge building project in edmonton

Roadworthy Inc. is a bridge construction company. It has been contracted on a $75 million bridge building project in Edmonton.

  What will annual cash flow be

If you put up $30820 today in exchange for a 6.1 percent, 16-year annuity, what will the annual cash flow be?

  Exchange rate problem

Deluxe Corporation is a large chain of retail stores operating in the USA. The proposed project is to be evaluated over a three-year time horizon.

  Replaced to get the current ratio to the target level

Muscarella Inc. has the following balance sheet and income statement data: Cash $ 14,000 Accounts payable $ 42,000 Receivables 70,000 Other current liabilities 28,000 Inventories 210,000 Total CL $ 70,000 Total CA $294,000 Long-term debt 70,000. Assu..

  Management receive at their periodic meetings

What is a major, regular source of financial information that the parties responsible for hiring a hospital’s top management receive at their periodic meetings.

  Consequences for value of equity and value of debt

When there is leverage, a conflict of interest exists if investment decisions have different consequences for the value of equity and the value of debt.

  The initial cost of project

The initial cost of a project is $10,000. There is a 30% chance that it will be highly successful, in which case cash inflows of $4,500 are expected for the next four years. There is a 70% chance that the project will be unsuccessful, in which case a..

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