How much will you have when you retire in 43 ?years

Assignment Help Finance Basics
Reference no: EM132234851

Future value of an ordinary? annuity) You are graduating from college at the end of this semester and after reading the The Business of Life box in this? chapter, you have decided to invest ?$4 comma 4,200 at the end of each year into a Roth IRA for the next 43 years. If you earn 8 percent compounded annually on your? investment, how much will you have when you retire in 43 ?years? How much will you have if you wait 10 years before beginning to save and only make 33 payments into your retirement? account?

How much will you have when you retire in 43 ?years?

Reference no: EM132234851

Questions Cloud

Higher risk premium on its interest rates : Which should have a higher risk premium on its interest rates, a corporate bond with Moody's Baa rating or a corporate bond with a C rating? Why?
Pros and cons of each as you design your survey : What are some of the pros and cons of each as you design your survey?
What was the interest rate on the account : Katie has a balance of $239.56. She deposits a check for $23.89 and a check for $89.06. Then Katie makes a withdrawal from the ATM for $150.00.
Additional recommendations for starbucks management : Offer two additional recommendations for Starbucks management – one product-based and one promotional.
How much will you have when you retire in 43 ?years : How much will you have if you wait 10 years before beginning to save and only make 33 payments into your retirement? account?
Discuss entry strategies in light of political and legal : As a firm expands globally, many factors affect that expansion. Discuss entry strategies in light of political, legal, cultural and economic make-up of Russia
What is a largest surplus cash amount : What is a largest surplus cash amount? How could you find it out?
Is a price ceiling set above or below the market price : ECO220 Is a price ceiling set above or below the market price? Give an example of a price ceiling and discuss some disadvantages and advantages.
What is the value today : Please help me answer the following questions: showing your work is a plus! helps me learn easier.

Reviews

Write a Review

Finance Basics Questions & Answers

  What does it mean for payments to be made in kind

What does it mean to say that the coinage had become debased?- Why would government officials need to restore confidence in the coins before people would use them as money?

  Expected return standard deviation correlation coefficient

Expected return Standard deviation Correlation coefficient

  Currency swap and spot exchange rate

ABC Corp. entered in a currency swap with its bank, providing that ABC borrows $5 million at 10% and swaps for a 12% yen loan.

  Which ones are deductible for agi

Analyze the above expenses, and determine which ones are deductible for AGI. Please support your position.

  Importance of marketing research in the development

Justify the importance of marketing research in the development of kudler fine food's marketing strategy and tactics. Identify the areas where additional market research is needed;

  An advantage of the internal rate of return basis for

an advantage of the internal rate of return basis for evaluating capital projects is the fact that itais easy to

  Investment in the stock of firm

Suppose an investor has an $8 million investment in the stock of firm A. What alternative $8 million investment that includes firm.

  What is the monthly annuity payment under this schedule

The remaining balance will be $120,000. The bank will loan you this remaining balance at 4.375% APR. You will make monthly payments with a 20-year payment schedule. What is the monthly annuity payment under this schedule.

  What is rate of return

Leave it in the original wrapping for six years. Sell it to a finance nerd for 600 at that point. What is your rate of return? (6.99%)

  Hwever higher 150 million in new debt will also create 20

a 500 million firm is financed by 250 million in debt and 250 million in equity. it issues 150 million in debt and

  What is the standard deviation of the returns on a portfolio

Suppose all stocks had a standard deviation of 30% and a correlation with each other of .4. What is the standard deviation of the returns on a portfolio that has equal holdings in 50 stocks?

  Common and preferred stockholders

Saratoga Group wishes to announce a total cash dividend of $6,000,000. How is this dividend to be split between the common and preferred stockholders?

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