subject
Business, 19.09.2019 22:00 IkarosSakurai

Thelma is planning for her son's college education to begin five years from today. she estimates the yearly tuition, books, and living expenses to be $5,000 per year for a fourminusyear degree, assuming the expenses incur only at the end of the year. how much must thelma deposit today, at an interest rate of 8 percent, for her son to be able to withdraw $5,000 per year for four years of college? a. $11,270 b. $39,520 c. $13,620 d. $20,000

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:00
Gibson's bodywork does automotive collision work. an insurance agency has determined that the standard time to replace a fender is 2.5 hours (i.e., "standard output" 0.4
Answers: 2
question
Business, 22.06.2019 09:40
Alpha industries is considering a project with an initial cost of $8 million. the project will produce cash inflows of $1.49 million per year for 8 years. the project has the same risk as the firm. the firm has a pretax cost of debt of 5.61 percent and a cost of equity of 11.27 percent. the debt–equity ratio is .60 and the tax rate is 35 percent. what is the net present value of the project?
Answers: 1
question
Business, 22.06.2019 11:00
You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %
Answers: 1
question
Business, 22.06.2019 13:50
Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.
Answers: 2
You know the right answer?
Thelma is planning for her son's college education to begin five years from today. she estimates the...
Questions
question
Biology, 07.10.2020 17:01
question
Mathematics, 07.10.2020 17:01
question
Mathematics, 07.10.2020 17:01
question
Biology, 07.10.2020 17:01
Questions on the website: 13722360