Home / Questions / Carla Lopez deposits $3,000 a year into her retirement account. If these funds have an ave...
Carla Lopez deposits $3,000 a year into her retirement account. If these funds have an average earning of 8 percent over the 40 years until her retirement, what will be the value of her retirement account? If a person spend $10 a week on coffee(assume $500 a year)what would be the future value of that amount over 10 years if the funds were deposited in an account earning 4 percent? A financial company that advertises on television will pay you $60,000 now in exchange for annual payments of $10,000 that you are expected to receive for a legal settlement over the next 10 years. If you estimate the time value of money at 10 percent, would you accept this offer? First, calculate the future value of the annual payment 510,000 times 15.937 =$159, 370 Next, calculate the present value of that future flow $159, 370 times 0.386 = $61, 516.82 Finally, die $60,000 being offered now is less than the present value of the future flow. Lovell' s alternative solution: use table on page 39 and solve for the present value of future annual payments of $10,000 per year $10,000 times 6 145(present value of a future series annuity) = $61, 450 (note, a calculator should provide the same value as in the book solution above). Tran Lee plans to set aside $1.800 a year for the next six years, earning 4 percent What would be the future value of this savings amount if you borrow $8 000 with a 5 percent interest rate to be repaid in five equal payment at the end of the next five years. what would be die amount of each payment?
Apr 13 2020 View more View Less
There is a question of mathematics given like this:?
Apr 27 2020n what way is free cash flow different from net cash flows as shown on a cash flow statement?116) Classify each of the following as an operating, investing, or financing ...
Dec 24 2019the bar DA is rigid and is originally held in the horizontal position when the weight W is supported from C. If the weight causes B to be displaced downward 0.025 in.,det...
Jun 24 2020Introduction to Business Law (BUS 360) Autumn 2020 Assignment Assignment Topic: Strategies of Social Responsiveness Textbook: business ethics, 3rd edition by Andrew Crane...
Apr 24 2021The coefficients of friction between blocks A and C and the horizontal surfaces are μs=0.24 and μk=0.20. Knowing thatmA=5kg, mB=10kg, and mc=10kg, determine (a) The tensi...
May 05 2020Using the below information from Pennington Corp., prepare a schedule of cost of goods manufactured and a schedule of cost of goods sold. Assume Pennington closed underap...
Jan 10 2020(Classification of Costs and Interest Capitalization) On January 1, 2012, Blair Corporation purchased for $500,000 a tract of land (site number 101) with a building. Blai...
May 21 2020All of the following. except one, are excluded when measuring GDP Which is the exception? Multiple Choice The sale of second hand goods ОО The services of stockbroker O T...
May 08 2021A crude BJT power amplifier of the class B (push-pull) type exhibits the VTC of Fig. P1.51b. The dead band occurring for −0.7 V ≤ v1 ≤ +0.7 V causes a crossover distortio...
Aug 06 2020Determine the best approach to use in completing the final course assignment. Tasks: Which approach do you plan to use and why? Are there any aspects that you think ar...
Mar 21 2020