What is the future value in 18 years of an ordinary annuity cash flow of $1,724 every

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

Question:

What is the future value in 18 years of an ordinary annuity cash flow of $1,724 every quarter of a year at the end What is the future value in of the period, at an annual interest rate of 12.87 percent per year, compounded quarterly?

Round the answer to two decimal places

Posted Date: May 19, 2024 09:12 AM

See More Questions

Elm Corp. makes two products: C and D. The following data have been summarized: Indirect manufacturing cost information includes the following: The company plans to manufacture 250 units of each...
An encryption-decryption system consists of three elements: encode, transmit, and decode. A faulty encode occurs in 0.5% of the messages processed, transmission errors occur in 1% of the messages,...
The wave nature of particles results in the quantum mechanical situation that a particle confined in a box can assume only wavelengths that result in standing waves in the box, with nodes at the box...
Basil Incorporated has a five-day workweek and pays salaries of $70,000 each Friday. 1. Prepare the adjusting entry required on May 31, assuming that June 1 falls on a Wednesday. 2. Prepare the entry...
Halo Systems specializes in servers for work- group, e- commerce, and enterprise resource planning (ERP) applications. The companys original job cost system has two direct cost categories: direct...
Given that x 3:\" with convergence in (1 , 1), find the power series for with center 0. _ 2 1 a: 0 173: 1 (X) n: 2 [:1 n=0 Identify its interval of convergence. The series is convergent from m = C] ,...
1. What is the cost of debt for Sunrise Bakery? 2. What is their cost of equity? 3. What is the WACC? 4. Which cost of capital should be used to evaluate the feasibility of the oven purchase? 5....
16 3 pts If you made your plans correctly, it is not necessary to monitor and evaluate your .progress toward goal completion. True False
Why should we classify costs as relevant and irrelevant? Give examples of relevant and irrelevant costs and discuss how this classification helps management to make a selection between available...
You are injection molding a part that has parting line dimensions of 200 mm by 250 mm. The machine's clamp is rated to 500 metric tons. Determine the maximum injection pressure possible
6. Find (u/y), at the point (u, v) = (2, 1) if x = u + v and y = uv.
Recent Merger and Acquisition (M&A) Activities, Evaluate the effect of interest rates and time value of money by presenting a summary of recent M&A activities for Verizon & A&Ts. Summary should...
Tonya takes out a 15-year mortgage for $150,000. If she makes payments of $14,000 per year, how much in total will she pay over the life of the loan?
Supplier selection is among the most critical in managing supply chains. Our discussion will guide us in developing tools which monitor the financial health of a supplier. hat does the Z score do?...
What key concerns must functional tactics address in marketing? Finance? POM? Personnel?
Prepare common-size income statement (Learning Objective 3) Prepare a comparative common-size income statement for Enchanted Designs using the 2007 and 2006 data of Exercise 13-13 and rounding...
Calculate ratios (Learning Objective 4) The financial statements of Natures Health Foods include the following items: Requirements Compute the following ratios for the current year: a. Current ratio...
More ratio analysis (Learning Objective 4) Big Bend Picture Frames has asked you to determine whether the companys ability to pay current liabilities and total liabilities improved or deteriorated...

What is the future value in 18 years of an ordinary annuity cash flow of $1,724 every

Question:

Expert Answer:

Students also viewed these finance questions