Your need to repay a loan with a future value of 30407100

Assignment Help Finance Basics
Reference no: EM13574840

Your need to repay a loan with a future value of $304,071.00 in 18.5 years. If you can make annual year-end deposits of $11,000 into an account, what annual rate of return would you require to earn enough money to pay the loan in full at the due date?

Reference no: EM13574840

Questions Cloud

A company uses 40000 gallons of materials for which it paid : 1.vernon company incurred direct materials costs of 500000 during the year. manufacturing overhead applied was 90000
Actual fixed manufacturing overhead costs equaled budgeted : the following information was taken from the annual manufacturing overhead cost budget of center company. variable
If the first payment into the fund occurs today what : anne boleyn will invest 5000 a year for 20 years in a fund that will earn 12 annual interest. if the first payment
Berg company incurs 320000 overhead costs each year in its : berg company incurs 320000 overhead costs each year in its three main departments setup 20000 machining 220000 and
Your need to repay a loan with a future value of 30407100 : your need to repay a loan with a future value of 304071.00 in 18.5 years. if you can make annual year-end deposits of
If you require an effective annual return of 13 percent on : peter lynchpin wants to sell you an investment contract that pays equal 15000 amounts at the end of each of the next
The standard direct labor cost for producing one unit of : the standard direct labor cost for producing one unit of product is 6 direct labor hours at a standard rate of pay of
Today you signed loan papers agreeing to borrow 495485 at 9 : today you signed loan papers agreeing to borrow 4954.85 at 9 compounded monthly. the loan payment is 143.84 a month.
Discuss some of the issues to be aware of in analyzing and : discuss some of the issues to be aware of in analyzing and comparing commercial aviation accident statistics. remember

Reviews

Write a Review

Finance Basics Questions & Answers

  Wat type of ratios best measure the short-term ability of

what type of ratios best measure the short-term ability of the enterprise to pay its maturing obligations and to meet

  It will reach maturity in 12 years at which time it will

you buy a bond for 1154 that pays 40 interest every 6 months. it will reach maturity in 12 years at which time it will

  What will the cash flows for this project be

The tax rate is 30 percent and the required return on the project is 12 percent. (Use SL depreciation table) What will the cash flows for this project be?

  What is the present value of the cash flow stream

what is the present value of the cash flow stream that the company is offering you? (Round answer to the nearest whole dollar, e.g. 5,275.) Present value $

  Compute the contribution margin

Atlantic Airlines has a profit before taxes of $1 million flying at 80% of capacity with revenue of $100 million, fixed cost of $69 million and variable cost of $30 million.

  What is the degree of combined leverage at both sales level

United snack company sells 50 pound bags of peanuts to university dormitories for $10 a bag the fixed costs of this operation are 80 000 while the variable cost of peanuts are $.10 per round.

  Direct consolidation costs

Determine how are stock issuance expenses and direct consolidation expenses treated in a business combination which is accounted for as a purchase, when the subsidiary will retain its incorporation?

  What is the prepaid forward price for a 6-month prepaid

kmw inc. plans to pay a dividend of 0.50 per share both 3 and 6 months from today. kmws share price today is 36.00 and

  What nominal annual interest rate is built

payable at the end of each month for 3 years. What nominal annual interest rate is built into the monthly payment plan?

  The goddard school is considering investing part of its

the goddard school is considering investing part of its endowment in private equity. the specific investment

  Find the composite cost of capital

A company plans to increase $4 million through borrowing at an interest rate of 16% and to raise $1 million by issuing common stock. The company's stock has a beta coefficient of 2,

  How much will sarah payments be

She will make a 25% down payment and her friend will finance the balance with a mortgage calling for annual payments over 20 years at 8.5% per annum interest. How much will Sarah's payments be?

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