Which offer will you accept

Reference no: EM13302748

You are offered $900 after 5 years of $150 a year for 5 years. If you can earn 6% on your funds, which offer will you accept? If you can earn 14 percent on your funds, which offer will you accept? Why are your answers different?

Reference no: EM13302748

Questions Cloud

What is the maximum amount you should pay for the annuity : You are offered an annuity that will pay $10,000 a year for 10 years starting after 5 years have elapsed. If you seek an annual return of 8 percent, what is the maximum amount you should pay for the annuity.

What is the buoyant force acting on the object : An object falls off of a pier into the ocean (salt water) where it displaces a total volume of 2.2 cubic meters of sea water

Design pattern from the sun blue print designs : Choose a design pattern from the Sun Blue Print Designs and apply it to your problem. Describe in a Word document how you would apply the pattern including UML diagrams where appropriate. Save your assignment as a Microsoft Word document.

Compute the bullets temperature change : A 0.031 kg aluminum bullet traveling at 487 m/s strikes an armor plate and comes to a stop. what is the bullet's temperature change in degrees Celsius

Which offer will you accept : You are offered $900 after 5 years of $150 a year for 5 years. If you can earn 6% on your funds, which offer will you accept? If you can earn 14 percent on your funds, which offer will you accept? Why are your answers different?

What are earnings per share : Bach Corp. had additions to retained earnings for the year just ended of $430,000. Firm paid out $175,000 in cash dividends, and has ending total equity of $5.3 million. If company currently has 210,000 shares of common stock outstanding, what are..

Dscribes the table created from each entity and the column : You are a database consultant with Ace Software, Inc. and have been assigned to develop a database for the Mom and Pop Johnson video store in town.

How many 1-inch diameter steel bolts are required to hold : The two cylinder containers are joined by bolting their flanges together. How many 1-inch diameter steel bolts are required to hold the cylinders together when the assembly is subjected to an internal pressure of 200 psi

At what frequency does the driver of the car hear the siren : An ambulance traveling at 47 m/s approaches a car heading in the same direction at a speed of 37 m/s. At what frequency does the driver of the car hear the siren

User Account

All Pages