Determine the present worth of a geometric gradient series with a cash flow of $50,000 in year
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
Given Starting amount 50000 Increase 6 per year Period 8 years Interest Rate 10 Cash Fl...View the full answer
Answered By
Utkarsh Bansal
I have helped and mentored many students aspiring to crack exams for entrance into top-level engineering colleges. My college witnesses a lot of initiatives being taken for tutoring students who cannot afford such quality of education and I am an active member of the team. My experience with teaching have been that of fun and enjoyable and sometimes professional when I have to teach for an organization. The best thing about it was a large amount of knowledge and experience I gained from tutoring a diverse variety of students. In all the years of my teaching experience, whether it be school students and later college students, every time when I share my knowledge I get a whole new domain of thinking in return. Also, you get a chance to make a lot of friends through this medium which is a great added asset.
I am actively teaching in government-run NGO called NSS. NSS stands for National Service Scheme. This has given me an opportunity to interact with underprivileged students and learn about there problems.
0.00
0 Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Calculate the present worth of a geometric gradient series with a cash flow of $35,000 in year 1 and increases of 5% each year through year 6. The interest rate is 10% per year.
-
Problem 1 You are considering an investment in XYZ Co. using the following information. What is the standard deviation ofXYZ's stock? State of the Economy Probability Expected Return Recession .15...
-
The present worth of an increasing geometric gradient is $23,632. The interest rate is 6% per year and the rate of change series is 4% per year. If the cash flow in year 1 is $3,000, the year in...
-
The Black Sheep Inc.'s call option has the following characteristics: Exercise price of The Black Sheep Inc.'s call option ($) 75 Annualized risk-free rate 4.5% Time to the expiration of the options...
-
Show that if X.0 for every g then0
-
describe which of the 3 rs has the most beneficial impact on the environment.
-
Southern education For a long time, the South has lagged behind the rest of the United States in the performance of its schools. Efforts to improve education have reduced the gap. We wonder if the...
-
The Marino Repair Shop repairs and services machine tools. A summary of its costs (by activity) for 2009 is as follows: 1. Classify each cost as value-added, non-value-added, or in the gray area in...
-
To accessetext this will 1 pts Question 8 Sepron Industries allocates manufacturing overhead based on direct labor cost. The monthly estimated manufacturing overhead is $36.000 and the actual...
-
Let's investigate the possibility of heteroskedasticity in time-series data by looking at a model of the black market for U.S. dollars in Brazil that was studied by R. Dornbusch and C. Pechman. In...
-
There are no tables in the back of your book for the geometric gradient series factors. Calculate the first two annual worth factor values, that is, A values for n = 1 and 2, that would be in a 10%...
-
Determine the difference in the present worth values of the following two commodity contracts at an interest rate of 8% per year. Contract 1 has a cost of $10,000 in year 1; costs will escalate at a...
-
Which accounting role in digital innovation is the most critical to building and maintaining that capability? Why?
-
Companies that invest heavily in eco-friendly initiatives, such as transitioning to renewable energy sources or implementing carbon offset programs, may initially face increased operational costs....
-
Answer each question individually please. 14-13 What are the advantages and drawbacks of universities using social media to communicate with various stakeholdersstudents, potential students, alumni,...
-
act as a consultant hired by the operations director of the Barry Computer Company provide a financial analysis and comparison to the industry. You will conduct a financial ratio analysis to gain a...
-
Building a sense of community is not just a moral thing to do, but also a pragmatic one. In today's competitive and ever-evolving business environment, the organizations that can attract the most...
-
Watch https://youtu.be/U3MtvvNjUR4 What do you think of Dr. Saint's ideas about barriers to change? What do you think about social learning? Could this tool be used to make real change? How can the...
-
A defined-contribution plan for employees of companies that operate for a profit Match the terms with the definitions. Some terms may not be used. a. 401(k) plan b. 403 (b) plan c. definedbenefit...
-
Write a while loop that uses an explicit iterator to accomplish the same thing as Exercise 7.3. Exercise 7.3. Write a for-each loop that calls the addInterest method on each BankAccount object in a...
-
What is the difference between a per se violation of the antitrust laws and a rule of reason violation? Why are some business practices considered per se violations while others are not?
-
To purchase a used automobile, you borrow $8,000 from Loan Shark Enterprises. They tell you the interest rate being charged is 1% per month for 35 months. They also charge you $200 for a credit...
-
Your boss has just presented you with the summary in the accompanying table of projected costs and annual receipts for a new product line. He asks you to calculate the IRR for this investment...
-
A small company purchased now for $23,000 will lose $1,200 each year the first four years. An additional $8,000 invested in the company during the fourth year will result in a profit of $5,500 each...
-
A zero-coupon bond bears a higher interest rate risk than a coupon-paying bond, given other bond characteristics are equal. True False
-
Company management decided to restructure its balance sheet. Current long term debt of 8 mio euros will be increased to 20 mio euros. Interest for the debt is 4%. Borrowed 12 mio euros will used to...
-
Susan loans 10000 to Jim. Jim repays the loan with yearly instalments at the end of each year. Interest is expected to be 5% the first five years, and 10% the last five years. Calculate the...
Study smarter with the SolutionInn App