(Answered) Please can you help me with this problemyou plan to invest

Finance

Please can you help me with this problem

You plan to invest $250,000 today (October 3) in a one month money market instrument. Had you done this last month (September 3), you would have received a 5% rate of interest. What must be the interest rate today in order for you to receive the same proceeds as you would have last month?

View complete question

Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M92592360
Price:- $20

Verified Expert

Priced at $40 Now at $20, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Basic Finance

Question - how do book value and market value differ

Question - How do book value and market value differ? Provide an example found in a peer-reviewed journal article.

What is the price of a 1000 par value bond with an 8 coupon

What is the price of a $1,000 par value bond with an 8% coupon rate paid semiannually, if the bond is priced to yield 4% and it has 15 years to maturity?

Question are the euro yen and canadian dollar trading at a

Question: Are the euro, yen and canadian dollar trading at a premium or discount to the U.S. dollar. What are indicative interest rates in each of those countries. Use T-Bills from their treasury rates. The response must ...

You need 5000 to buy a new stereo for your car if you have

You need $5,000 to buy a new stereo for your car. If you have $1,500 to invest at 6% compounded annually, how long will you have to wait to buy the stereo? All work and formulas leading up to the answer have to be shown

Describe the theoretical problems of ethics 3 the

Describe the theoretical problems of ethics (3), the objectives to solving them.

You will receive a payment of 10000 per year forever

You will receive a payment of $10,000 per year forever; however the first payment will not begin for 9 years. If the appropriate interest rate is 7%, what is this worth today? Is this 10,000/.07 for 142,857.14? Does it m ...

Researchers at the university of pennsylvania school of

Researchers at the University of Pennsylvania School of Medicine have determined that children under 2 years old who sleep with the lights on have a 35% chance of becoming myopic before they are 16. Children who sleep in ...

You have just received a windfall from an investment you

You have just received a windfall from an investment you made in a? friend's business. She will be paying you$37,748 at the end of this? year, $75,496 at the end of next? year, and $113,244 at the end of the year after t ...

Question - in an article on edmunds website called

Question - In an article on Edmunds website called "Strategies for Smart Car Buying," Philip Reed highlights the need to focus on resale value. After 3 years, some cars are worth 55% of their original value, some only 20 ...

If someone owns a hair salon what type if any life

If someone owns a hair salon what type if any life insurance should they have if their spouse works at a nuclear plant? How much coverage should the owner have?

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Basic Finance Expert