Business, 05.11.2019 03:31 dakodahepps

Ohn rider wants to accumulate $100,000 to be used for his daughter’s college education. he would like to have the amount available on december 31, 2023. assume that the funds will accumulate in a certificate of deposit paying 8% interest compounded annually. (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided.) answer each of the following independent questions. required: 1. if john were to deposit a single amount, how much would he have to invest on december 31, 2018? 2. if john were to make five equal deposits on each december 31, beginning a year later, on december 31, 2019, what is the required amount of each deposit? 3. if john were to make five equal deposits on each december 31, beginning now, on december 31, 2018, what is the required amount of each deposit?

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 04:00

The simple interest in a loan of $200 at 10 percent interest per year is

Answers: 2

Answer

Business, 22.06.2019 16:10

Regarding the results of a swot analysis, organizational weaknesses are (a) internal factors that the organization may exploit for a competitive advantage (b) internal factors that the organization needs to fix in order to be competitive (c) mbo skills that should be emphasized (d) skills and capabilities that give an industry advantages problems that a specific industry needs to correct

Answers: 1

Answer

Business, 22.06.2019 20:20

Precision aviation had a profit margin of 6.25%, a total assets turnover of 1.5, and an equity multiplier of 1.8. what was the firm's roe? a. 15.23%b. 16.03%c. 16.88%d. 17.72%e. 18.60%

Answers: 2

Answer

Business, 22.06.2019 20:40

Asmall town wants to build some new recreational facilities. the proposed facilities include a swimming pool, recreation center, basketball court and baseball field. the town council wants to provide the facilities which will be used by the most people, but they face budget and land limitations. the town has $400,000 and 14 acres of land. the pool requires locker facilities which would be in the recreation center, so if the swimming pool is built the recreation center must also be built. also, the council has only enough flat land to build the basketball court or the baseball field. the daily usage and cost of the facilities (in $1,000) are shown below. which facilities should they build? facilityusagecost ($1,000)landswimming pool4001002recreation center5002003basketball court3001504baseball field2001005

Answers: 1

Answer

You know the right answer?

Ohn rider wants to accumulate $100,000 to be used for his daughter’s college education. he would lik...

Questions