This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Calculate the future value of 10,000 received today and deposited for six years in an account which ... (Read 180 times)

tiara099

  • Hero Member
  • *****
  • Posts: 588
on: Jul 10, 2018
Calculate the future value of 10,000 received today and deposited for six years in an account which pays interest of 12 percent compounded quarterly.
 
  What will be an ideal response?

Question 2

Large firms evaluate the merits of individual capital budgeting projects to ensure that the selected projects have the best chance of increasing the firm value.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 10, 2018
Answer to Question 1

FV = 10,000(1.12/4 )64-1/.12/4=10,000(1.03 )24-1/.03 = 20,328

Answer to Question 2

TRUE


tiara099

  • Hero Member
  • *****
  • Posts: 588
Reply #2 on: Jul 10, 2018
Thank you :)


carlsona147

  • Sr. Member
  • ****
  • Posts: 341
Reply #3 on: Jul 10, 2018
Happy to help you


« previous next »
 

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

The newest statin drug, rosuvastatin, has been called a superstatin because it appears to reduce LDL cholesterol to a greater degree than the other approved statin drugs.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

A sidewheeler on the Mississippi. In 1856 Samuel Clemens became an apprentice to a steamboat pilot a A sidewheeler on the Mississippi. In 1856 Samuel Clemens became an apprentice to a steamboat pilot a
The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ... The cultural and racial–ethnic diversity of today’s work force has led to the need for diversity ...
How to calculate simple interest (Part 4; P = I/rt) How to calculate simple interest (Part 4; P = I/rt)
Calculate the atomic mass of element Calculate the atomic mass of element
The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case The chromosome locations for BRCA1 and BRCA2. Together, these genes account for the majority of case
A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by ... A mortgage loan of $132,000 at 6% compounded semiannually is to be amortized over 25 years by ...
Video: Lipid catabolism ( ketogenesis and oxidation of glycerol) and Lipid anabolism (lipogenesis)

For a complete list of videos, visit our video library