Find the present value of the ordinary annuities in Problems 21-32. Amount of Deposit m 26. $100
Question:
Find the present value of the ordinary annuities in Problems 21-32.
Transcribed Image Text:
Amount of Deposit m 26. $100 Frequency n monthly Rate r 4% Time t 5 yr
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
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 Sciences questions
-
Find the present value of the following ordinary annuities (see the Notes to Problem 4-12). a. $400 per year for 10 years at 10% b. $200 per year for 5 years at 5% c. $400 per year for 5 years at 0%...
-
Today is the 1st of July 2022. You have been brought in to manage the expansion of a company's debt portfolio. The A company, operates a number of tunnels and bridges in the city area. They are...
-
print_list Favorite Language/Type: Author: Write a function named print_list that accepts a list of integers as a parameter and prints them, one per line, in the format shown. Your code should work...
-
Calculate the efficiency of a cycle consisting of isothermal, isobaric, and isochoric lines, if in the isothermal process the volume of the ideal gas with the adiabatic exponent (a) Increases n-fold;...
-
If one driver is randomly selected, find the probability he or she was using a seatbelt. Use the data in the accompanying table and express all results in decimal form. (The data are from ?Mortality...
-
In 1970, Rose Mary Knick purchased 90 acres of land in Scott Township, Lackawanna County, Pennsylvania. In 2008, another resident of Scott Township discovered documents that suggested that one of...
-
Deitz Corporation is projecting a cash balance of $30,000 in its December 31, 2016, balance sheet. Deitzs schedule of expected collections from customers for the first quarter of 2017 shows total...
-
If $300,000 is to be saved over 15 years, how much should be deposited monthly if the investment earns 7% interest compounded monthly?
-
Find the present value of the ordinary annuities in Problems 21-32. Amount of Deposit m 27. $200 Frequency n quarterly Rate r 8% Time t 20 yr
-
Find the present value of the ordinary annuities in Problems 21-32. Amount of Deposit m 25. $300 Frequency n quarterly Rate r 6% Time t 30 yr
-
Let H be a heap storing 15 entries using the array-based representation of a complete binary tree. What is the sequence of indices of the array that are visited in a preorder traversal of H? What...
-
describes improving from within as a key to professional development. Reflect on how you, as a principal, will assess emerging trends and initiatives in order to build professional capacity and...
-
There are hundreds of different definitions of "leadership". 1) What is the difference between leadership and management? 2) Can an individual be in a leadership or management position and not be...
-
Select and develop a strategic plan to implement one of the specific technologies addressed during this course to a particular business need (i.e., business intelligence, management information...
-
Create a Java OOP program to manage Flight Management System. This system should assist airline staff in managing flight schedules, booking reservations, handling passenger check-ins, and providing...
-
"LMH has implemented Phase 1an enterprise-wide EHR system developed by Cerner Corporation at a cost of $20 million. Phase 2 of the project is to implement a new CPOE with decision-support...
-
When the Accounting Principles Board was founded in 1959, it planned to establish financial accounting standards using empirical research and logical reasoning only; the role of political action was...
-
Suppose that fraction used = / 1.0 + 0.1Mt. for some parameter 1. Write the discrete-time dynamical system and solve for the equilibrium. Sketch a graph of the equilibrium as a function of ....
-
Kepler modified the copernican system by showing that the planetary orbits are a. Ellipses b. Circles c. Combinations of circles forming looped orbits d. The same distance apart from one another
-
What is the basic difference between the ptolemaic and copernican models? Why is the ptolemaic model considered incorrect?
-
According to Keplers third law, the time needed for a planet to complete an orbit around the sun a. Is the same for all the planets b. Depends on the planets size c. Depends on the planets distance...
-
The Accountability Act of 2006 created for the first time: Question 1 options: a government which could not be corrupted absolute transparency in regard to ethics issues a conflict-of-interest law a...
-
Under IFRS, long-term investments in bonds must ANSWER Unselected use the effective interest rate method. Unselected use either the straight-line or the effective-interest rate method. Unselected use...
-
Heedy Sparacia Winery accumulates the costs incurred in the labeling process in an activity cost pool. Costs for the labeling process are estimated to be $340,000, and the winery expects to generate...
Study smarter with the SolutionInn App