Financial management

KPMG provided consulting services to a client The client contracted to pay KPMG $460000 for the consulting after 3 years Assuming an interest rate of 10%, what did KPMG actually earn for the consulting services (as opposed to interest)? (Round your answer to the nearest dollar)

Mr Fenewick plans on retiring in 15 years To fund his retirement account, Mr Fenewick will deposit $4400 every year into an account that earns 8% annually How much will be available to Mr Fenewick at the end of 15 years? (Round your answer to the nearest dollar) Crazy Al signs an agreement to buy a car that requires payment (principal and interest) of $5798 at the end of each year for 3 years The car dealer used 10% as the interest rate to determine the payments What should Crazy AI consider to be the purchase price of the car?
(Round your answer to the nearest dollar)

Don't use plagiarized sources. Get Your Custom Essay on
Financial management
Just from $13/Page
Order Essay

Jeff has the opportunity to receive lump-sum payments either now or in the future Which of the following opportunities is the best, given that the interest rate is 7% per year?


a one that pays $1,500 in five years

b one that pays $1,000 now

c one that pays $1,200 in two years

d one that pays $1,800 in ten years

Place Order
Grab A 14% Discount on This Paper
Pages (550 words)
Approximate price: -
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Try it now!

Grab A 14% Discount on This Paper

Total price:

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.