Business, 06.06.2020 19:58, alonzob2367

Beverly wants to donate $10,000 to charity at the beginning of each year for the next 20 years. She wants to have $50,000 left at the end of the 15 years. She expects to earn 11% compounded annually on her investment. What lump sum should Beverly deposit today?

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:00, jason9394

Identify an organization with the low-total-cost value proposition and suggest at least two possible measures within each of the four balanced scorecard perspectives.

Answers: 3

continue

Business, 22.06.2019 09:40, cerna

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

continue

Business, 22.06.2019 11:20, leshayellis1591

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

Answers: 1

continue

Business, 22.06.2019 23:20, hernandezeileen20

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?

Answers: 3

continue

Do you know the correct answer?

Beverly wants to donate $10,000 to charity at the beginning of each year for the next 20 years. She...