If your parents purchased an endowment policy of $10,000 for you and the policy will mature in
Question:
If your parents purchased an endowment policy of $10,000 for you and the policy will mature in 12 years, how much is it worth today, discounted at 15 percent annually?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
At a 15 discount rate ...View the full answer
Answered By
Hassan Imtiaz
The following are details of my Professional Experience. Responsibilities Eight years of demanding teaching experience in the field of finance and business studies at Master’s Level. Completion of the given tasks within given time with quality and efficiency. Marketing professional with practical experience in and solid understanding of a diverse range of management applications, including market analysis, sales and marketing, team building and quality assurance. I have excellent skills to approach deal and sustain corporate clients / customers by demonstrating not only extraordinary communication and interpersonal skills but also high caliber presentation, negotiation and closing skills. Manage and follow up the day-to-day activities. Manage and co-ordinate the inventories. Fulfillment of all the tasks assigned.
The following are details of my Areas of Effectiveness. Finance 1. Corporate Finance 2. Advanced Corporate Finance 3. Management of Financial Institutions 4. International Financial Management 5. Investments 6. Fixed Income 7. Real Estate Investment 8. Entrepreneurial Finance 9. Derivatives 10. Alternative Investments 11. Portfolio Management 12. Financial Statement Analysis And Reporting (US GAAP & IFRS) 13. International Financial Markets 14. Public Finance 15. Personal finance 16. Real estate 17. Financial Planning Quantitative Analysis 1. Time Value Of Money 2. Statistics 3. Probability Distribution 4. Business Statistics 5. Statistical Theory and Methods Economics 1. Principles of Economics 2. Economic Theory 3. Microeconomic Principles 4. Macroeconomic Principles 5. International Monetary Economics 6. Money and Banking 7. Financial Economics 8. Population Economics 9. Behavioral Economics International Business 1. Ethics 2. Business Ethics 3. An introduction to business studies 4. Organization & Management 5. Legal Environment of Business 6. Information Systems in Organizations 7. Operations Management 8. Global Business Policies 9. Industrial Organization 10. Business Strategy 11. Information Management and Technology 12. Company Structure and Organizational Management Accounting & Auditing 1. Financial Accounting 2. Managerial Accounting 3. Accounting for strategy implementation 4. Financial accounting 5. Introduction to bookkeeping and accounting Marketing 1. Marketing Management 2. Professional Development Strategies 3. Business Communications 4. Business planning 5. Commerce & Technology Human resource management 1. General Management 2. Conflict management 3. Leadership 4. Organizational Leadership 5. Supply Chain Management 6. Law 7. Corporate Strategy Creative Writing 1. Analytical Reading & Writing Other Expertise 1. Risk Management 2. Entrepreneurship 3. Management science 4. Organizational behavior 5. Project management 6. Financial Analysis, Research & Companies Valuation 7. And any kind of Excel Queries
4.80+
150+ Reviews
230+ Question Solved
Related Book For
Real Estate Principles A Value Approach
ISBN: 978-0077836368
5th edition
Authors: David C Ling, Wayne Archer
Question Posted:
Students also viewed these Business questions
-
Fifteen (15) years ago, your parents purchased an investment for $2,500. If the investment earned 6 percent interest each year, how much is it worth today?
-
On completion of her introductory finance course, Marla Lee was so pleased with the amount of useful and interesting knowledge she gained that she convinced her parents, who were wealthy alumni of...
-
John Franklin is a recent widower with some experience in investing for his own account. Following his wifes recent death and settlement of the estate, Mr. Franklin owns a controlling interest in a...
-
The potential losses are sorted in the following table. The absolute VaR is 8 Million. What is the relative expected shortfall from the mean? Sorted returns Returns ( Million) -12 -10 -8 -6 -4 -3 -1.5
-
In Problems 1 and 2, find the maximum and minimum values of y. Use a graphing utility to verify your conclusion. 1. x2 + y2 - 9 = 0 2. 4x2 + y2- 8x = 0
-
Glycerin at \(20^{\circ} \mathrm{C}\) flows upward in a vertical 75 -mm-diameter pipe with a centerline velocity of \(1.0 \mathrm{~m} / \mathrm{s}\). Determine the head loss and pressure drop in a...
-
How is technology being used by firms to promote their products and how does this influence sales activities?
-
If you borrow $5,300 at $400 interest for one year, what is your effective interest rate for the following payment plans? a. Annual payment. b. Semiannual payments. c. Quarterly payments. d. Monthly...
-
3. A convex spherical mirror, whose focal length has a magnitude of 15.0 cm, is to form an image 10.0 cm behind the mirror. a. Where should the object be placed? b. What is the magnification of the...
-
1. The CEO has asked you to help her decide whether to use LIFO or FIFO for inventory casting. Compute the gross profit earned by the company for both LIFO and FIFO 2 The CEO's bonus is calculated...
-
A family trust will convey property to you in 15 years. If the property is expected to be worth $50,000 when you receive it, what is the present value of your interest, discounted at 10 percent...
-
If you deposit $50 per month in a bank account at 10 percent annual interest (compounded monthly), how much will you have in your account at the end of the 12 th year?
-
Its sexist to always put the male pronoun first in pronoun pairs (e.g., he/she rather than she/he or s/he). Why do authors of this book recommend that method? Which method do you prefer?
-
What is the objective of the technical feasibility test?
-
What are the four categories of feasibility tests, and what is the criteria each of them uses to measure feasibility?
-
What should be done to follow up the formal presentation?
-
What are the advantages and disadvantages of presentations?
-
Make a drawing of a four-spline connection having a major diameter of 1.500 in and an A fit. Show critical dimensions. See Figure P1116 for the general layout. Data in Figure P1116
-
Write an equivalent statement in logarithmic form. a b = c
-
What are the principal differences among asset liquidity management, liability management, and balanced liquidity management?
-
What is the principal risk for the buyer/borrower in a contract for deed?
-
Describe a conforming loan?
-
What is the purpose of recording documents?
-
American X wishes to borrow U.S. dollars at a fixed rate of interest. Corporation Y wishes to borrow Japanese Yen at a fixed rate of interest. The amounts required by the two companies are the same...
-
Bunga Raya Kuning Berhad is a Malaysian-based MNC that obtains 12 percent of its supplies from the U.K. manufacturers. Sixty-five percent of its revenues are from due to exports to U.K. where its...
-
Trevor's Tool Shop is considering investing in a new machine. The company currently has $500,000 per year in sales. The company has $265,000 per year in net income. If the company invests in the new...
Study smarter with the SolutionInn App