Your grandma will give you the following amounts at the end of the stated year: Year...
If your account compounds quarterly how many times does it compound a year? 0 2 6 4 8 If your account compounds semi-annually how many times does it compound a year? 0 2 6 4 8 If your account compounds bi-weekly, how many times does it compound in 4 months? 2 4 8 12 16 Suppose when you were born your grandma deposited money in an account for you growing at 12% for 20 years. If there is $96,462.93 in...
Sixer's has a marginal tax rate of 34%. The firm recently paid a cash dividend of $6.00 to its common stockholders. Earnings and dividends are expected to grow at 4% per year for the foreseeable future. If the firm issues new common stock, the shares should sell for $30 each. Flotation costs will amount to $2.00 per share. What would be the firm's cost of external equity? Big Bob Corporation has a present capital structure consisting of common stock (10...
For the next 8 years, you decide to place $3,747 in equal year-end deposits into a savings account earning 5.74 percent per year. How much money will be in the account at the end of that time period? Round answer to two decimal places.
please show your work for 19-21
Problems with a little twist (1-6% unless otherwise stated) 16. If $10000 is deposited today with annual interest rate of 6% and each month is desired to withdraw from this account $100, how many times this monthly withdrawals can be done before the money runs out? 17. If we deposit $100 a month for the next 5 years into an account and at the end of 5 years the account has accumulated $10,000 what...
For the next 9 years, you decide to place $2,586 in equal year-end deposits into a savings account earning 10.82 percent per year. How much money will be in the account at the end of that time period?
For the next 4 years, you decide to place $1,433 in equal year-end deposits into a savings account earning 14.01 percent per year. How much money will be in the account at the end of that time period?
You are planning to invest $2,000 in an account earning 10% per year for retirement. a. If you put the $2,000 in an account at age 23, and withdraw it 41 years later, how much will you have? b. If you wait 10 years before making the deposit, so that it stays in the account for only 31 years, how much will you have at the end? a. If you put the $2,000 in an account at age 23, and...
at the end of 5 years? What if the appreciation rate is 0%? (2) You purchase an apartment building with 20 rentable units. You know that you will have to replace the air conditioners in each unit 10 years from now at a cost of $1,500/unit. How much money should you put away at the end of every year, in a bank account earning 6%, to have enough money to replace the air conditioners in 10 years
For the next 13 years, you decide to place $749 in equal year-end deposits into a savings account earning 8.67 percent per year. How much money will be in the account at the end of that time period? Round answer to two decimal places. Thank you.
For the next 7 years, you decide to place $1,536 in equal year-end deposits into a savings account earning 6.60 percent per year. How much money will be in the account at the end of that time period? Round the answer to two decimal places.