subject
Business, 02.11.2020 16:50 garcialopez162017

It is now January 1. You plan to invest a total of 5 consecutive, equal deposits, one every 6 months, with the first payment being made today. The account pays an interest rate of 6% (APR) but uses semiannual compounding. You plan to leave the money in the bank for 10 years. Your goal is to withdraw $25,000 in 10 years. To get the money for this withdrawal, you will make the aforementioned five equal deposits, beginning today and for the following 4 semiyears (6 month periods). How large must each of the five payments be

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 12:10, Marcus2935
Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?
Answers: 2
image
Business, 22.06.2019 13:30, lemmeboiz43
The fiscal 2016 financial statements of nike inc. shows average net operating assets (noa) of $8,450 million, average net nonoperating obligations (nno) of $(4,033) million, average total liabilities of $9,014 million, and average equity of $12,483 million. the company's 2016 financial leverage (flev) is: select one: a. (0.477) b. (0.559 c. (0.323) d. (0.447) e. there is not enough information to determine the ratio.
Answers: 2
image
Business, 22.06.2019 21:10, tonimgreen17p6vqjq
An investor purchases 500 shares of nevada industries common stock for $22.00 per share today. at t = 1 year, this investor receives a $0.42 per share dividend (which is not reinvested) on the 500 shares and purchases an additional 500 shares for $24.75 per share. at t = 2 years, he receives another $0.42 (not reinvested) per share dividend on 1,000 shares and purchases 600 more shares for $31.25 per share. at t = 3 years, he sells 1,000 of the shares for $35.50 per share and the remaining 600 shares at $36.00 per share, but receives no dividends. assuming no commissions or taxes, the money-weighted rate of return received on this investment is closest to:
Answers: 3
image
Business, 23.06.2019 02:00, gthif5424
Which of the following describes a situation of scarcity? a. someone offers free advice about getting into college. b. someone distributes free bottles of water at the beach. c. a child charges friends for a ride on his new bike. d. a person lets the kids in the neighborhood use his pool.
Answers: 1
You know the right answer?
It is now January 1. You plan to invest a total of 5 consecutive, equal deposits, one every 6 months...

Questions in other subjects:

Konu
Social Studies, 30.05.2021 14:00
Konu
Mathematics, 30.05.2021 14:00
Konu
Business, 30.05.2021 14:00