What is the present value of your trust fund if you have projected that it will provide

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

Question:

What is the present value of your trust fund if you have projected that it will provide you with $50,000 7 years from today and it earns 10% APR compounded semi-annually?

Related Book For answer-question

Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

See More Books

Posted Date: Oct 12, 2023 03:29 AM

See More Questions

What is the future value of $1,101 invested for 9 years at 7 percent compounded annually? 2. What is the present value of $18,664 to be received 7 years from today if the discount rate is 7 percent?...
For your job as the business reporter for a local newspaper, you are given the task of putting together a series of articles that explain the power of the time value of money to your readers. Your...
You have just had a tenant sign a lease contract that guarantees you payments of $100,000 at the end of each year for the next five years. What is the present value of these future cash flows...
A 1.0 m long metallic rod is rotated with an angular frequency of 400 rad s about an axis normal to the rod passing through its one end. The other end of the rod is in contact with a circular...
A 20.0-kg block is connected to a 30.0-kg block by a string that passes over a light frictionless pulley. The 30.0-kg block is connected to a spring that has negligible mass and a force constant of...
Puckett Products is planning for $5 million in capital expenditures next year. Puckett's target capital structure consists of 60% debt and 40% equity. If net income next year is $3 million and...
A certain random process $U(t)$ consists of a sum of (possibly overlapping) pulses of the form $p\left(t-t_{k} ight)=\operatorname{rect}\left(\left(t-t_{k} ight) / b ight)$ occurring with mean...
Pan Corporation acquired 100 percent of Sal Corporation's outstanding voting common stock on January 1, 2011, for $660,000 cash. Sal's stockholders' equity on this date consisted of $300,000 capital...
Using www.land.vic.gov.au look up your current place of abode to gather planning information that might be useful in assessing its future development potential. 2. Write one-page report in WORD...
XYZ is a calendar-year corporation that began business on January 1, 2017. For 2017, it reported the following information in its current year audited income statement. Notes with important tax...
Watch the video Are You Sitting on a Million Dollar Idea? Instead of creating a new or revamped product for this discussion (after all, you have already created your own hypothetical business),...
Budgeting and Contract Procurement: Describe your experience in budgeting, contract procurement, and management processes, particularly your knowledge of developing contract documents, processing...
A new rear-wheel drive automobile design is being tested and you have been asked to estimate its performance. The car without wheels (i.e., the body) has a mass of m = 1150 kg. The wheels (including...
Auditing typically refers to financial statement audits or an objective examination and evaluation of a company's financial statements - usually performed by an external third party. Audits can be...
PREFERRED EQUITY_BEST BOX You have been presented with the off-market opportunity to personally purchase a 40,000 SF, single- tenant retail store leased to Best Box, a regional leader in consumer...
Public utilities' balance sheets list the plant assets before the current assets. This is acceptable under which accounting principle/guideline? A large company purchases a $250 digital camera and...
Monthly information is as follows: Work in process: Conversion: degree of completion in WIP Costs of Material in WIP Costs of Conversion in WIP During the month: At month end: Direct Materials:...
Does log 81 (2401) = log 3 (7)? Verify the claim algebraically.
The market and Stock S have the following probability distributions: a. Calculate the expected rates of return for the market and Stock S. b. Calculate the standard deviations for the market and...
Now Ray asks you to look at the companys inventory position. He thinks that inventories might be too high as a result of the managers tendency to order in large quantities. Ray has decided to examine...
Suppose that the reserve requirement is 15 percent for transaction deposits and 4 percent for nontransaction deposits. Compute the reserve requirement for a bank that has $340 billion deposited in...
What are the differences between the light stall and the deep stall. Comment on the differences as regards the sectional lift and the moment coefficients.
At high angles of attack, the empirical formulae for the lift and moment coefficients for airfoils pitching at high frequencies are given in terms of maximum dynamic moment coefficient \(\left(C_{M}...
During dynamic stall, the drag coefficient is less for pitch-up than for pitch-down, whereas the lift coefficient is larger for pitch-up than for pitch-down. Why?

What is the present value of your trust fund if you have projected that it will provide

Question:

Expert Answer:

PV FV 1 rnnt Where PV Present Value FV Future Value r Annual ... View the full answer

Principles of Finance

Students also viewed these finance questions