What is the sinking-fund factor? How and why is it used?
Question:
What is the sinking-fund factor? How and why is it used?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
A sinkingfund factor is the reciprocal of interest facto...View the full answer
Answered By
Muhammad Khurram
I have strong General Management skills to apply in your projects. Over last 3 years, I have acquired great knowledge of Accounting, Auditing, Microsoft Excel, Microsoft PowerPoint, Finance, Microsoft Project, Taxation, Strategic Management, Human Resource, Financial Planning, Business Planning, Microsoft Word, International Business, Entrepreneurship, General Management, Business Mathematics, Advertising, Marketing, Supply Chain, and E-commerce. I can guarantee professional services with accuracy.
4.80+
249+ Reviews
407+ Question Solved
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Question Posted:
Students also viewed these Business questions
-
For some interest rate i and some number of interest periods n, the uniform series capital recovery factor is 0.1728 and the sinking fund factor is 0.0378. What is the interest rate?
-
For some interest rate i and some number of interest periods n, the uniform series capital recovery factor is 0.1728 and the sinking fund factor is 0.0378. What is the interest rate? Discuss.
-
For some interest rate i and some number of interest periods n, the uniform series capital recovery factor is 0.1728 and the sinking fund factor is 0.0378. What is the interest rate?
-
Need assistance on adding accounting info to the excel worksheet posted. A.) would 97,400 go under cash or fixed assets ? Number Styles Cells Editing Ideas g Cash Balance B. C D E H. K M T. 0,1,F...
-
Explain the relevance of the R2 statistic to the evaluation of a multiple regression equation.
-
A researcher is comparing the effectiveness of two sets of instructions for assembling a child's bike. A sample of eight fathers is obtained. Half of the fathers are given one set of instructions and...
-
Ohio Logistics manages the logistical activities for firms by matching companies that need products shipped with carriers that can provide the best rates and best service for the companies. Ohio...
-
Buntzell Industrial Supplies distributes industrial equipment. The company's fiscal year ends on March 31, 2017. One department in the company had 50 items that cost $540 each on hand at January 1,...
-
A concave spherical mirror has a focal length of 6.00 cm. If an object is placed at a distance of 24.0 cm from the mirror, calculate the image distance and characteristics of the image including...
-
Subject : Strategic Management in a Global Environment Safaricom: Innovative Telecom Solutions to Empower Kenyans As the largest mobile provider in Kenya, Safaricom has touched the lives of Kenyans...
-
Walt is evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $12,500; year 2, $10,000; year 3, $7,500; year 4, $5,000; year 5, $2,500;...
-
John is considering the purchase of a lot. He can buy the lot today and expects the price to rise to $15,000 at the end of 10 years. He believes that he should earn an investment yield of 8 percent...
-
The ozone molecule O 3 has a permanent dipole moment of 1.8 10 -30 C m. Although the molecule is very slightly bentwhich is why it has a dipole momentit can be modeled as a uniform rod of length 2.5...
-
For a small manufacturing firm, a current-period job that requires 35 hours of direct labor is to be allocated $437.50 of overhead cost based on a rate developed from previous period data. The...
-
Does the inertia of a bicycle tire change when you add air to the tire?
-
Estimate the magnitude of impulse that you impart to a nail (and to whatever the nail is buried in) when you hit it with a hammer.
-
A firm has the capacity to produce 1,000,000 units of a product each year. At present, it is operating at 70 percent of capacity. The firms annual revenue is \($700,000.\) Annual fixed costs are...
-
Two identical hockey pucks slide over the same rough surface. The time interval needed for puck 2 to stop is twice that needed for puck 1 to stop. What explanation can there be for this?
-
If the one-time pad cipher (Figure 31.12 in the text) is the simplest and most secure cipher, why is it not used all of the time? Figure 31.12 Random sequence bit generator Secure key-exchange...
-
1. True or False. Pitfalls to consider in a statistical test include nonrandom samples, small sample size, and lack of causal links. 2. Because 25 percent of the students in my morning statistics...
-
How are the interest factors (IFs) in Exhibit 33 developed? How may financial calculators be used to calculate interest factors in Exhibit 33? Exhibit 3.3 Interest Factors for an Amount of $1 at...
-
What are the interest factors (IFs) in Exhibit 3-9? How are they developed? How may financial calculators be used to calculate IFs in Exhibit 3-9? Exhibit 3.9 Interest Factors for the Accumulation of...
-
An investment is expected to produce the following annual year-end cash flows: year 1: $5,000 year 4: $5,000 year 2: $1,000 year 5: $6,000 year 3: $0 year 6: $863.65 The investment will cost $13,000...
-
Martin Company applies manufacturing overhead based on direct labor hours. Information concerning manufacturing overhead and labor for the year is as follows: Actual manufacturing overhead Estimated...
-
$ 719,000 280,000 439,000 150,400 Joyner Company's income statement for Year 2 follows: Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating...
-
FIFO and LIFO costs under perpetual inventory system The following units of an item were available for sale during the year: Beginning inventory 22 units at $44 Sale 18 units at $62 First purchase 18...
Study smarter with the SolutionInn App