You expect to have $1000 in one year. A bank is offering loans at 6% interest per
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 56% (16 reviews)
Plan You need to compute the PV of 1000 a Future Value based on a 6 dis...View the full answer
Answered By
JAPHETH KOGEI
Hi there. I'm here to assist you to score the highest marks on your assignments and homework. My areas of specialisation are:
Auditing, Financial Accounting, Macroeconomics, Monetary-economics, Business-administration, Advanced-accounting, Corporate Finance, Professional-accounting-ethics, Corporate governance, Financial-risk-analysis, Financial-budgeting, Corporate-social-responsibility, Statistics, Business management, logic, Critical thinking,
So, I look forward to helping you solve your academic problem.
I enjoy teaching and tutoring university and high school students. During my free time, I also read books on motivation, leadership, comedy, emotional intelligence, critical thinking, nature, human nature, innovation, persuasion, performance, negotiations, goals, power, time management, wealth, debates, sales, and finance. Additionally, I am a panellist on an FM radio program on Sunday mornings where we discuss current affairs.
I travel three times a year either to the USA, Europe and around Africa.
As a university student in the USA, I enjoyed interacting with people from different cultures and ethnic groups. Together with friends, we travelled widely in the USA and in Europe (UK, France, Denmark, Germany, Turkey, etc).
So, I look forward to tutoring you. I believe that it will be exciting to meet them.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Corporate Finance questions
-
A bank is offering to sell 6-month certificates of deposit for $9500. At the end of 6 months, the bank will pay $10,000 to the certificate owner. Based on a 6-month interest period, compute the...
-
A bank is offering an interest rate call with an expiration of 45 days. The call pays off based on 180-day LIBOR. The volatility of forward rates is 17 percent. The 45-day forward rate for 180-day...
-
A bank is offering to sell 6-month certificates of deposit for $9500. At the end of 6 months, the b~ will pay $10,000 to the certificate owner. Based on a 6-month interest period, compute the nominal...
-
Find the magnitude and direction of the electric field strength at the point P due to the point charges at A and B as shown in the Figure 1. (k = 9 x 10 Nm/C) +2 C 10 cm A 10 cm Figure 1 B -8 C (5...
-
The December 31, 2012, adjusted trial balance for Blue Hens Corporation is presented below. Required: 1. Prepare an income statement for the year ended December 31, 2012 2 Prepare a classified...
-
Obihiro Group has equipment with an original cost of 500,000,000 and related accumulated depreciation of 100,000,000 on December 31, 2022. The fair value of the equipment at December 31, 2022, is...
-
What is a TRR and what is it intended to accomplish?
-
Orchard Company has monthly salaries of $10,000. Assume Orchard pays all the standard payroll taxes and no employees have reached the payroll tax limits. Journalize the accrual and payment of...
-
Find WACC using last debt issuance and US treasury risk-free rate D/E Ratio 1.2 Yield on Bond issued 07/09/2023 8.5% Yield on Bond issued 17/02/2023 8.6% Yield on Bond issued 01/10/2023 8.9%...
-
1. List and describe the planning elements that Jill needs to consider in preparing for this new line of work. 2. Describe two options for handling the staffing levels for this new line of work. What...
-
You have $100 and a bank is offering 5% interest on deposits. If you deposit the money in the bank, how much will you have in one year?
-
A friend asks to borrow $55 from you and in return will pay you $58 in one year. If your bank is offering a 6% interest rate on deposits and loans: a. How much would you have in one year if you...
-
The global financial and economic crisis would have been resolved more quickly and with less cost if the IMF had provided rescue packages to the countries at the center of the crisis. Do you agree or...
-
Use StdDraw to animate a solution to the towers of Hanoi problem, moving the discs at a rate of approximately 1 per second. order 2
-
we will discuss scatter diagrams, which are used to study the relationship between two variables, such as incomes from crops and livestock for selected states in the United States, as shown in Figure...
-
Why could a manager be justified in ignoring fixed costs when making a decision about a special order? When would fixed costs be relevant when making a decision about a special order?
-
In the reservoir of a supersonic wind tunnel, the pressure and temperature of air are \(10 \mathrm{~atm}\) and \(320 \mathrm{~K}\), respectively. Calculate the density, the number density, and the...
-
Horner Work Wear, Inc., supplies uniforms for a variety of businesses. Xavier Hoffman is a new intern in the Accounting Department at Horner. To expand sales, the company is considering paying...
-
What are the interface objects users may find for the following? a. Photo printer that doesnt require a computer to print pictures. b. Service station gas pump. c. Entrance/exit door in retail store.
-
Q1) What is the a3 Value Q2) What is the a7 Value Q3) What is the a4 Value Q4) What is the b3 Value Q5) What is the b2 Value Q6) What is the sign of 2nd constraint? A pastry chef at a bakery wants to...
-
Determine which of the following compounds are stable with respect to decomposition into their elements under standard conditions at 25C (see Appendix 2A): (a) C 3 H 6 (g), cyclopropane; (b) CaO(s);...
-
Agency issues It is sometimes argued that excess cash held by a firm can aggravate agency problems and, more generally, reduce incentives for shareholder wealth maximization how would you frame the...
-
Agency issues It is sometimes argued that excess cash held by a firm can aggravate agency problems and, more generally, reduce incentives for shareholder wealth maximization how would you frame the...
-
Use of excess cash one option a firm usually has with any excess cash is to pay its suppliers more quickly. What are the advantages and disadvantages of this use of excess cash?
-
Resources Unlimited Corporation was formed in 1985 through the merger of two natural pipeline companies. The result was the largest gas distribution network in the United States, with 38,000 miles of...
-
Toyota was the world's first automobile manufacturer to produce more than 10 million vehicles per year, which it has done since 2012, when it also reported the production of its 200-millionth...
-
According to the video "The Importance of Budgeting," budgeting is a crucial aspect of running a successful business as it helps administrators allocate resources effectively to meet their goals. It...
Study smarter with the SolutionInn App