What is the current economic value of an inheritance that will pay $2000 to the beneficiary at
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 38% (13 reviews)
The inheritances current economic value is the present value of the deferred general annuity ...View the full answer
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
Under the headline Local Theatre Project Receives $1 Million! a newspaper article explained that the Theatre Project had just received the first of ten annual grants of $100,000 from the Hinton...
-
A bond pays $1000 interest at the end of every year for the next 30 years. What is the current economic value of each of the 15th and 30th payments if we discount the payments at: a. 5% compounded...
-
The Toronto Raptors announce the signing of one of their players to a seven-year deal worth $43.2 million. The player will earn $400,000 at the end of each month for the first three years, and...
-
a. Find the probability of getting exactly 1 girl in 10 births. b. Find the probability of getting 1 or fewer girls in 10 births. c. Which probability is relevant for determining whether 1 is an...
-
On January 2, 20X2, EL Limited established a subsidiary in Mexico City, Mexico. The subsidiary was named GC Company and the cost of ELs investment was C$ 500,000. When this investment was translated...
-
Prove each identity. The sum and difference identities will be helpful. a. cos (2 - A) = cos A b. sin(3/2 -A) = -cos A
-
In what way does your program of studies contribute to building your self-confidence and self-esteem?
-
Overton Electronics manufactures two large-screen television models: the Royale which sells for $1,600, and a new model, the Majestic, which sells for $1,300. The production cost computed per unit...
-
1 . Betty, a widow, has been retired for eight years and never planned for a long term care event. She is 7 0 years old and is now concerned for her children's inheritance as well as living the...
-
Project Budget Minimum new Beds Required 9 Minimum new Private Rooms Required 10 Construction Cost per Private Room 11 Construction Cost per Double Room 12 Equipment requirements considerations: 13...
-
What amount must be invested today to provide for quarterly payments of $2500 at the end of every quarter for 15 years after a six-year deferral period? Assume that the funds will earn 5% compounded...
-
To sell a farm that it had acquired in a foreclosure action, the RBC Royal Bank agreed to monthly payments of $2700 for 20 years, with the first payment due 15 months from the date of sale. If the...
-
A demographer was interested in the relationship between population density (X) and quality of life (Y). Ranking 10 major cities on both variables, he obtained the following results: Compute the...
-
Lifestyle is how one enacts the self-concept. The way they would enact it is through buying luxury items which is the most premium iPhone. The latent reasons why people want an iPhone 15 all have to...
-
Make a Tows Matrix that assess the strengths, weakness, opportunities, and threats for Dannon based on the case study For typical corporate strategies under purpose of communication. Strengths 1) 2)...
-
Now that you've watched the lectures, The Abilene Paradox movie, and the Challenger Disaster Video, I'd like you to think for a moment about when you may have observed the Abilene Paradox or...
-
Ensuring that the projectadheres to the selected quality standard . Often, ensuring that the project work is done 'correctly' is as important as ensuring that the end result fulfills the project's...
-
Think about some career planning and development issues; for example, mergers and reorganization uncertainty, lack of upward mobility, getting managers to understand your career potential, and...
-
The following panels describe two different short-run aggregate supply curves. In which situation is the case for nonactivist policy stronger? Explain why. (a) AS Inflation Rate, AD Aggregate Output,...
-
During the month, services performed for customers on account amounted to $7,500 and collections from customers in payment of their accounts totaled $6,000. At the end of the month, the Accounts...
-
Whirlpool Corporation is a leading manufacturer of household appliances. In Brazil and Mexico Whirlpool operates through affiliated companies, whose stock Whirlpool owns in various percentages...
-
What are some potential problems and limitations of financial ratio analysis?
-
What are some qualitative factors analysts should consider when evaluating a companys likely future financial performance?
-
Describe three ways that pro forma statements are used in financial planning.
-
Your company BMG Inc. has to liquidate some equipment that is being replaced. The originally cost of the equipment is $120,000. The firm has deprecated 65% of the original cost. The salvage value of...
-
1. What are the steps that the company has to do in time of merger transaction? And What are the obstacle that may lead to merger failure? 2.What are the Exceptions to not to consolidate the...
-
Problem 12-22 Net Present Value Analysis [LO12-2] The Sweetwater Candy Company would like to buy a new machine that would automatically "dip" chocolates. The dipping operation currently is done...
Study smarter with the SolutionInn App