How much would you have to invest today to receive: a. $15,000 in 8 years at 10

Question:

How much would you have to invest today to receive:

a. $15,000 in 8 years at 10 percent?

b. $20,000 in 12 years at 13 percent?

c. $6,000 each year for 10 years at 9 percent?

d. $50,000 each year for 50 years at 7 percent?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

See More Books

Question Posted: Oct 14, 2014 06:47 AM

See More Questions

How much would you have to invest today to be able to withdraw $4,090 each month, for 25 months, (starting next month), if your investments earn 3.4% APR (compounded monthly)?
How much would you have to invest today to receive a. $12,000 in 6 years at 12 percent? b. $15,000 in 15 years at 8 percent? c. $5,000 each year for 10 years at 8 percent? d. $5,000 each year, at the...
How much would you have to pay into an account at the end of every 6 months to accumulate $10 000 in eight years if interest is 3% compounded semi-annually?
Do you consider the Internet message boards that Anjali wishes to use to be public or private? How would you justify your answer? Anjali, was in her final year of study for an undergraduate business...
The midpoint of a side of a triangle in R3 is the point that bisects that side (i.e., that divides it into two equal pieces). Let be a triangle in R3 with sides A, B, and C and let L denote the line...
Verify that for the constant-angular-momentum flow of Fig. 14.1b, with v = j x/ 2 , two neighboring fluid elements move around each other with angular velocity +j/ 2 when separated tangentially and...
20. Consider again the Netscape PEPS discussed in this chapter and assume the following: the price of Netscape is $39.25, Netscape is not expected to pay dividends, the interest rate is 7%, and the...
Bloom Company management predicts that it will incur fixed costs of $160,000 and earn pretax income of $164,000 in the next period. Its expected contribution margin ratio is 25%. Use this information...
on 7 Consider the following statements about absorption and variable costing income: ed out of 1.0 question 1. Yearly income reported under absorption costing will differ from income reported under...
Mr. Wiser is contemplating investing in two different mutual funds. His investment options are set out below. Mr. Wiser contemplates holding both mutual funds for the same period of time - from...
You are going to receive $205,000 in 18 years. What is the difference in present value between using a discount rate of 12 percent versus 9 percent?
If you invest $8,500 per period for the following number of periods, how much would you have? a. 12 years at 10 percent. b. 50 years at 9 percent.
Differentiate between the types of inventory typically held by a retailing firm and a manufacturing firm.
Determine the magnitude of the magnetic flux through the south-facing window of a house in British Columbia, where Earth's B field has a magnitude of 5.8 x 10-5T and the direction of B field is 72...
A wedge with an inclination of angle rests next to a wall. A block of mass m is sliding down the plane, as shown. There is no friction between the wedge and the block or between the wedge and the...
Conner Leonard worked for Purges Manufacturing for 32 years. Along with four other men, he helped to start the company that designed and built products sold around the world. Purges Manufacturing...
Reconsider the collision between two objects diagrammed below where two objects move on a frictionless surface. Before collision After collision Experiment 1 A, 1 B A B Draw complete and properly...
3. Now the bomb arrives. Please catch fx,y(x, y) = = cx cx - dy, where 0 < x < 1, 0 y x. 13 a) Please find coefficients c, d such that cd= 8 b) Please find fx(x) and fy (y). Are X and Y independent?...
A company has the following assets and liabilities at 31 December: premises 30,000; trade creditors 4,000; stock 9,000; amounts owed for rent at 31 December 900; cash in hand 2,500; balance at bank...
What impact has the Internet had on the globalization of small firms? How do you think small companies will use the Internet for business in the future?
To learn about the services offered to households experiencing debt problems, contact the National Foundation for Consumer Credit (800-388-2227 or on the Web at www.nfcc.org). This nonprofit...
In doing a five-year analysis of future dividends, Newell Labs Inc. is considering the following two plans. The values represent dividends per share. a. How much, in total dividends per share, will...
Discuss a corporate repurchase announcement on the basis of market efficiency.
The Resolute Bay Shipping News is selling for $65.00 the day before the stock goes ex-dividend. The annual dividend yield is 5.5 percent, and the dividends are paid quarterly. Based solely on the...
Kirk and Spock formed the Enterprise Company in 2010 as equal owners. Kirk contributed land held an investment ($50,000 basis; $100,000 FMV), and Spock contributed $100,000 cash. The land was used in...
Pedro lives in Puerto Rico and had a net taxable income of $35,000 for the year 20X1. Your gross income totals $60,000. What is Pedro's regular income tax for 20X1? a.$4,620 b.$4,900 c.$2,318 d.$2,520
The change in cash is equal to the change in liabilities less the change in equity plus the change in noncash assets. O True False

How much would you have to invest today to receive: a. $15,000 in 8 years at 10

Question:

Step by Step Answer:

a b c d PV FVX 1 1i PV 15000x PV 699761 1 110...View the full answer

Foundations of Financial Management

Students also viewed these Accounting questions