if a company deposit at end of each period for10years at12%,$50,000$ to purchase a land in future,

Fantastic news! We've Found the answer you've been seeking!

Question:

if a company deposit at end of each period for 10 years at 12%, $50,000$ to purchase a land in future, what is the expected value of land? Calculate.

Related Book For answer-question

Statistics For Business Decision Making And Analysis

ISBN: 9780321890269

2nd Edition

Authors: Robert Stine, Dean Foster

See More Books

Posted Date: Jan 19, 2024 04:58 AM

See More Questions

Homework-2 DECISION ANALYSIS PROBLEMS Problem-1: Kenneth Brown is the principal owner of Brown Oil, Inc. After quitting his university teaching job, Ken has been able to increase his annual salary by...
Key West Electronics, located in Miami, was just ten years old in early 2010, with sales expected to pass the $500 million and net income just beginning to turn positive after years of losses or near...
A retail company operates two types of clothing stores in shopping malls. One type specializes in clothes for men, and the other in clothes for women. The sales from a mens clothing store average...
Q2 You are an electrical inspector to measure the horizontal illuminance over the work plane of a rectangular room. Given : The size of the room is 10 m length x 7 m width. The illuminance grid p =...
James Bright has just taken up the position of managing director following the unsatisfactory achievements of the previous incumbent. James arrives as the accounts for the previous year are being...
Solve each equation. 3 -6 4 2 2 | 2
Linda Budd went searching for a new friend and she found one for $$400.1$ A brand new puppy. She purchased the puppy from Bernadette Vicidomine, a person who regularly sells puppies. Budd took her...
The following audit procedures are included in the audit program because of heightened risks of material misstatements due to fraud. 1. Use audit software to search cash disbursement master files for...
1. [10] Is Grtzsch graph M(C5) Hamiltonian? Is the complement of M(C5) Hamilto- nian? Justify your answer.
A piece-rate employee receives $30 for each desktop computer assembled and has a standard 40-hour workweek. During the weekly pay period ending December 16, 48 computers were assembled during 44...
1.1. What are Marketing Codes of practice? What is the purpose of Marketing Codes of practice? 1.2. Explain the key provisions of following relevant legislation, codes of practice and national...
1. Define and explain the difference between threat and crisis. 2. Define and explain the difference between risk analysis, risk evaluation, and risk assessment. 3. What are some approaches to assess...
A proposed expansion project is expected to increase sales of Refresh Inc. by $41,000 and increase cash expenses by $21,000. The project will cost $40,000 in capital expenditure and be depreciated...
If f(x) = (3x+8), find f'(x). Find f'(3).
Define the following steps Needed for the construction of a backyard deck as the contractors. Please explain each of the steps given below. Initiation:- 1. performance measurement and recommendations...
Your corporation is considering investing in a new product line. The annual revenues (sales) for the new product line are expected to be $176,500.00 with variable costs equal to 50% of these sales....
How many nonnegative integers a, b, c and d are there that satisfy the equation 1 1 a+b+c+d + a a+b a+b+c 6. None 14 47
A bubble-point liquid feed is to be distilled as shown in Figure. Use the Edmister group method to estimate the mole-fraction compositions of the distillate and bottoms. Assume initial overhead and...
The Organization for Economic Cooperation and Development (OECD) tracks summary statistics of the member economies. The countries are located in Europe, parts of Asia, and North America. Two...
A direct sales company has a large sales force that visits customers. To improve sales, it designs a new training program. To see if the program works, it puts some new employees through this program...
This dataset tracks monthly performance of stock in Apple from January 1990 through December 2011, a total of 264 months. The data include returns on the entire stock market, Treasury Bills...
Using Snell's law (i.e., $n_{o} r_{o} \cos \theta_{0}=n_{1} r_{1} \cos \theta_{1}$ ), show that \[ \left(\sin \left(\frac{\theta_{1}}{2}ight)ight)^{2}=\frac{r_{o}}{2 r_{1}}\left[2\left(\sin...
Derive an asymptotic form for $\Gamma_{h}$ and $\Gamma_{v}$ when the grazing angle is very small.
Deficits and fiscal consolidation As seen in the following table, the 2008 financial crisis left the United States with an enormous federal budget deficit in 2009. There was a substantial fiscal...

if a company deposit at end of each period for10years at12%,$50,000$ to purchase a land in future,

Question:

Expert Answer:

This is an example of a future value problem in the context of an ordinary annuity where 50000 is be... View the full answer

Statistics For Business Decision Making And Analysis

Students also viewed these accounting questions