A company needs to have $200,000 in 4 years, and will create a fund to insure that the $200,000 will be available. If it can earn a 7% return compounded annually, how much must the company invest in the fund today to equal the $200,000 at the end of 4 years?
What will be an ideal response?
$152,580
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For Walt Disney Company, the best mode for going global is by:
A) joint ventures. B) licensing. C) 100-percent ownership. D) exporting. E) franchising.
What does a downward-sloping yield curve imply, according to the expectations theory of the term structure of interest rates?
A. Investors expect long-term interest rates to rise in the future. B. Investors expect future short-term interest rates to be lower than the current short-term interest rate. C. Investors expect future short-term interest rates to be the same as the current short-term interest rate. D. Investors expect future short-term interest rates to be higher than the current short-term interest rate.
Most organizations have replaced the general journal with a _______________________________
Fill in the blank(s) with correct word
In Carver’s policy governance model, Carver argues boards should lead focusing their attention on establishing ______.
A. policies B. advisory groups C. management positions D. performance evaluations