How much can be accumulated for retirement

Assignment Help Financial Management
Reference no: EM13727286

How much can be accumulated for retirement if $2,000 is deposited annually, beginning 1 year from today, and the account earns 9% interest compounded annually for 40 years?

Reference no: EM13727286

Questions Cloud

What would be tabs before-tax component cost of debt : TAB Inc. has a $1,000 (face value), 10 year bond issue selling for $1,184 that pays an annual coupon of 8.5 percent. What would be TAB's before-tax component cost of debt?
Current law regarded additional first year depreciation : Tariq purchased a new business asset (five-year property) on September 30, 2015, at a cost of $150,000. On October 4, 2015, Tariq placed the asset in service. This was the only asset Tariq placed in service 2015. Tariq did not elect s. 179 and follow..
Cash flows-what discount rate is being used : The present value of the following cash flows is known to be $6,939.91; $500 today, $2,000 in 1 year, and $5,000 in 2 years. What discount rate is being used?
Real retirement spending to remain approximately equal : What annual withdrawal will allow real retirement spending to remain approximately equal, assuming savings of $1,000,000 invested at 8%, a 25-year horizon, and 4% expected inflation?
How much can be accumulated for retirement : How much can be accumulated for retirement if $2,000 is deposited annually, beginning 1 year from today, and the account earns 9% interest compounded annually for 40 years?
Retirement fund-what is the monthly payment : If you want to have $1,250,000 at retirement in 32 years, how much will you have to save every two weeks at 10.5% to achieve the goal? If you have $1,000,000 at retirement, how much can you withdraw every month over the 25 years of your retirement if..
Describe the product subject to recall : Describe the product subject to recall, including the recall date, recall number, and the reason for the recall
Change the interest rate in small increments : If you save $165/mo. for the next 42 years at 12.5% how much will you have at the end of 42 years? If you borrow $105,000 to buy a house at 6.75% what will be the monthly payment on a 30 year mortgage? How much will you have to save per month at 11.5..
How racial discrimination was reinforced by action policies : Explain how racial discrimination was reinforced by the government action policies.

Reviews

Write a Review

Financial Management Questions & Answers

  1briefly describe venture debt capital and venture equity

1.briefly describe venture debt capital and venture equity capital.2.describe how the costs of debt and equity differ

  Saving for retirement plan beginning

Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you just received your salary of $53,000 and you plan to spend all of it. However, you want to start saving for retirement beginning next yea..

  What is the expected capital gains yield over the next year

Bond X is a premium bond with a coupon rate of 9%. Bond Y is a discount bond with a coupon rate of 5%. Both bonds make annual payments, have a YTM of 7%, and have five years to maturity. What is the current yield for Bond X? What is the current yield..

  What is the weighted average cost of capital

Debreu Beverages has an optimal capital structure that is 70% common equity, 20% debt, and 10% preferred stock. Debreu's pre-tax cost of equity is 9%. Its pre-tax cost of preferred equity is 7%, and its pre-tax cost of debt is also 5%. If the corpora..

  What are the fundamentals of risk and return

What are the fundamentals of risk and return? How are they relative to standard deviation? How would a financial manager use them?

  You have been hired as an outside consultant by a board

you have been hired as an outside consultant by a board member of ipc to help with assisting the company strategy in

  Financial analysis for managers

ou will also be expected to carry out horizontal analysis on the Income Statement using (2010 as base) and vertical common size analysis on the Statement of Financial Position (Balance Sheet) for 2 year.

  What is the stocks current rate of value per share

GROWTH VALUATION Thomas Brothers is expected to pay a $0.50 per share dividend at the end of the year. The dividend is expected to grow at a constant rate of 7% a year. The required rate of return on the stock, rs, is 15%. What is the stock’s current..

  State free cash flows are expected to grow at constant rate

Estimate the fair market value of Walleye Feeders at the end of 2012. Assume that after 2015, free cash flows are expected to grow at a constant rate of 12.5% and Walleye Feeders' weighted-average cost of capital is 14 percent.

  Size-up hcm using historical ratio analysis

Value the business from the potential buyer's (Great Wall) viewpoint, considering the changes that it will make, explaining fully.

  Round lot of francesca industries stock

Suppose you buy a round lot of Francesca Industries stock on 55 percent margin when the stock is selling at $20 a share. The broker charges a 10 percent annual interest rate, and commissions are 3 percent of the stock value on the purchase and sal..

  What is the companys cost of preferred stock

Duggins Veterinary Supplies can issue perpetual preferred stock at a price of $54.50 per share with an annual dividend of $4.50 a share. Ignoring flotation costs, what is the company's cost of preferred stock, rps? Round your answer to two decimal pl..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd