How much does she need to deposit now

Assignment Help Business Management
Reference no: EM13990483

1.Anne wants $15,000 in 5 years. If her savings account earns 6% a year, how much does she need to deposit now? 

a. $9,725.75 

b. $11,208.87 

c. $10,500 

d. $12,317.51  

Reference no: EM13990483

Questions Cloud

Planning for the expansion of the medical facilities : The Medical Officer of Health in charge of day clinics in the Butterworth district is planning for the expansion of the medical facilities at these clinics based on the growth in demand for the clinics' services.
Seasonally adjusted trend forecast : (a) Use Excel to develop a time series model that Hillstone can use to prepare seasonally adjusted trend forecasts of passenger vehicle tyre sales on a quarterly basis. (b) Prepare seasonally adjusted trend forecast estimates for 2012 and 2013 on a..
Moving average time series of company liquidations : (a) Use Excel to compute both a three-period and a five-period moving average time series of company liquidations. (b) Plot the original time series of company liquidations and the three-period and five-period moving average values on the same grap..
In which year would you say the team is doing better why : She wants to compare this year=s team scoring records to last year=s.Last year=s team had a standard deviation of 1.0 for goal scoring against, with a mean of 4.5. In which year would you say the team is doing better? Why
How much does she need to deposit now : Anne wants $15,000 in 5 years. If her savings account earns 6% a year, how much does she need to deposit now? a. $9,725.75 b. $11,208.87 c. $10,500 d. $12,317.51
An investment opportunity having a market price : An investment opportunity having a market price of $1,000,000 is available. You could obtain a $750,000, 25-year mortgage loan requiring equal monthly payments with interest at 7.0 percent.
Makes communications devices for military contracts : An electronics company makes communications devices for military contracts. The company just completed two contracts. The navy contract was for 2,300 devices and took 25 workers two weeks (40 hours per week) to complete. The army contract was for 5,5..
Health care system and absorbs a significant portion : The insurance industry plays a major role in the American health care system and absorbs a significant portion of the health care dollar. A single payer system, whether it is a private company or the U. S. government, would eliminate the complex insu..
What is the common-size percentage for the net income : Foreign Travel Services has net income of $48.400. total assets of $219,000. total equity of $154800, and total sales of $311,700. What is the common-size percentage for the net income? Healthy Foods has total assets of $129,800, net fixed assets of ..

Reviews

Write a Review

Business Management Questions & Answers

  Principles and prevention of bureaucracybureaucracy is a

principles and prevention of bureaucracybureaucracy is a phenomenon that presents itself in varying degrees in

  Comparison of the factors that impact the various

Comparison of the factors that impact the various organizations at the different levels of sports.

  Design project execution activities including change control

Design project execution activities including change control and communicating project status.

  Products and services that could never be advertised

Take a few minutes and thinks about some products and services that could NEVER be advertised on the Web, either because of legal restrictions or just in bad taste.

  What are some potential returns on investment opportunities

What are some potential returns on investment opportunities a business may have as a result of investing in analytics?

  Assess the traits and characteristics of an effective team

Explain the effect of power and influence that leaders have on followers in the organization. Are the followers receptive? Would you recommend another strategy? Explain your reasoning. If not, why not?

  What would be earlie exposure to liability

Also in such a scenario, due to sale of defective products, Singapore operations rack up a liability of 2million dollars. What would be Earlie's exposure to liability.

  Public budgeting what are the major subjects of issue

public budgeting what are the major subjects of issue assessments?what are the major subjects of issue assessments?the

  Illustrate what is the general requirement in order for lost

Based on the Alabama Supreme Court case discussed in the text involving the lost profits in connection with a grocery store, illustrate what is the general requirement in order for lost profits to be awarded in a breach of contract case?

  Professional healthcare ethics

Demonstrate your capability to apply ethics to your future career in healthcare setting by creating a one-page "credo"-a statement of your professional ethics.

  Illustrate what is the selection process

Illustrate what methods and techniques does the organization use to recruit for these positions? Does the current method provide a diverse talent pool to select the best candidates? Illustrate what methods are used to narrow the talent pool? Illustra..

  Evaluate the effectiveness of lee rhodes

Evaluate the effectiveness of Lee Rhodes' (founder of the private company "Glassybaby") business decisions based on the manner in which such decisions have impacted the success of her business from an entrepreneurial point of view. Recommend t..

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