Question: How do you know just by looking at the QUESTION that the number of years would be 16?? How would you know this just by

How do you know just by looking at the QUESTION that theHow do you know just by looking at the QUESTION that the number of years would be 16?? How would you know this just by looking at it if the question does not explicitly state that it is 16 years? ***DO NOT SHOW WORK FOR THIS QUESTION

What is the present value of your trust fund if you have projected that it will provide you with $50,000{t]} years from today and it earns 6% compounded annually? Answer: 24,848.47(19,682)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

MATH 131 Lab 6 1/2021 The goal of this lab is to form confidence intervals for quantitative data (V3) and to determine an appropriate sample size for a selected error tolerance. (6 points) Part 1:...

Q:

For many years David Smyth has wanted to have his own business, but as he had a young family and a new home with a mortgage, he felt unable to take the financial risk of running his own business on...

Q:

For many years David Smyth has wanted to have his own business, but as he had a young family and a new home with a mortgage, he felt unable to take the financial risk of running his own business on...

Q:

For many years David Smyth has wanted to have his own business, but as he had a young family and a new home with a mortgage, he felt unable to take the financial risk of running his own business on...

Q:

For many years David Smyth has wanted to have his own business, but as he had a young family and a new home with a mortgage, he felt unable to take the financial risk of running his own business on...

Q:

Part Three Present Value Index When funds for capital investments are limited, projects can be ranked using a present value index. A project with a negative net present value will have a present...

Q:

***How do you know based on the question that the number of years is 17? How would you know that?? Will be downvoted if just answering the question with how to solve for the correct answer of 8,482....

Q:

ID Salary Compa- Midpoint ratio Age Performance Service Gender Rating Raise Degree Gender Grade 1 Copy Employee Data set to this page. The ongoing question that the weekly assignments will focus on...

Q:

These are what my teacher expects for a strategic analysis essay: "Strategic Case Analyses - Case studies provide important windows into the real problems that firms are trying to solve. Note, since...

Q:

LEGO GROUP: AN OUTSOURCING JOURNEY PROLOGUE The last five years rather adventurous journey from 2004 to 2009 had taught the fifth-largest toy maker in the world - the LEGO Group - the importance of...

Q:

Chantal Clarke is a sole trader who operates wholesale. The following trial balance was as of March 31, 2018. Particulars DR ($) CR($) Furniture 150,000 Motor Vehicle 600,000 Purchases 1,000,500...

Q:

As the firm's financial manager, would you recommend to the board of directors that the firm adopt as policy a stable dividend payment per share or a stable dividend-payout ratio? What are the...

Q:

an ammortized loan of 1 0 annual payments at the end of each year starting one year from now. The first 5 payments are 1 0 0 0 each and the last 5 payments are 5 0 0 each.

Q:

This research paper is to analyses and assess what factors influence how firms make dividend policy decisions in practice by looking at the data from a firm of your choice. You will be required to...

Q:

Are use of symbols important in framing leadership as applied to the case study? Why/why not?

Q:

Why and how can corporate HRM never be context-free? What HRM theories do you know that argue in favour of the embeddedness of corporate HRM?

Q:

How and to what extent are the policies of Robert Bosch representative of the wider frameworks wherein they emerge?