Month for retirement and you can earn a nominal

Assignment Help Business Management
Reference no: EM131234360

If you save $330 a month for retirement and you can earn a nominal 8.60% rate of return with monthly compounding, how long will you have to wait to retire if you want to have $500,000 at the time you retire?

Reference no: EM131234360

Questions Cloud

Define the term good for the purpose of this situation : Write a 1,050-word argumentative essay on your approved business decision in which you include the following: Discuss why the business decision is good or not good for business. Define the term good for the purpose of this situation
Role of the superannuation fund manager : Take the role of the superannuation fund manager. Explain how you would allocate $100,000 of capital between asset classes (e.g. shares, bonds, property) and the specific assets (individual investments in each asset class)
Constructing a computer interfaced swept wavelength laser : Constructing a computer interfaced swept wavelength Laser - My project is on developing a current driver and cooling circuit for visible diode lasers and Demonstration of Intellectual Independence
Review decision analysis case study valley of sun reviews : Review "Decision Analysis Case Study: Valley of the Sun Reviews" for this topic's case study, a proposal to change the faculty performance review process at Valley of the Sun Academy (VSA).
Month for retirement and you can earn a nominal : If you save $330 a month for retirement and you can earn a nominal 8.60% rate of return with monthly compounding, how long will you have to wait to retire if you want to have $500,000 at the time you retire?
What is charismatic leadership : What is charismatic leadership? Explain what is meant by the statement that charismatic leaders use active impression management with their followers to support their image. Provide and elaborate on one example
Show how the union might be able to raise wages : Draw a sketch diagram and use it to show how the union might be able to raise wages without reducing employment.
What was the projects rate of return after the first year : If the first-year interest rate is 2% and the second year interest is 3%, what is the 2-year total interest rate? - What was the project's rate of return after the first year?
How you define diversity and diversity affects teams : As you review the Learning Resources this week to prepare for your Discussion posting, think about how you define diversity and diversity affects teams.

Reviews

Write a Review

Business Management Questions & Answers

  Addresses minimizing negative conflict

What steps can a manager take to minimize negative conflict and provide specific actions/steps to minimize conflict that a manager can implement.

  Competence in a range of business and academic skills

Demonstrate competence in a range of business and academic skills and apply them in an organisational/enterprise setting (P, R)

  Good opportunity to expand your day

You have decided that this is a good opportunity to expand your day care business as you have received many inquiries for childcare

  Wwe cost of equity

WWE's current EPS is $5. It was $3.736 five years ago. The company pays out 40% of its earnings as dividends, and the stock sells for $36. What is WWE's cost of equity, rs?

  Application-patient safety risks

As noted in the Institute of Medicine report, To Err is Human, "It may be part of human nature to err, but it is also part of human nature to create solutions, find better alternatives, and meet the challenges ahead" (Institute of Medicine, 1999, ..

  Assess potential value disciplines for the organization

Assess potential value disciplines for the organization. Evaluate potential grand strategies for the organization. Assess potential global strategies for the organization.

  Can metro refuse if not from whom can the bank recover

Unaware which the signature is not Kyle's, Loco Loans presents the check to Metro Bank, the drawee, which cashes the check. Kyle discovers the forgery and insists which Metro recredit his account. Can Metro refuse? If not, from whom can the bank r..

  What is nirvana and how does it differ from the christian

What is nirvana and how does it differ from the Christian idea of heaven?

  Six domains using one of the models of child development

Identify and discuss the six domains using one of the models of child development. outline two ways by which early childhood practitioners can assist in the positive development of the domain. All sources cited must be included in reference list a..

  What ways did the leadership roles emerge or fail to emerge

In what ways did the leadership roles emerge or fail to emerge? When did leadership emerge in comparison to the other roles? How did leadership affect those roles? What style of leadership did the leader portray and was it effective?

  Creativity within organizationswe usually think of

creativity within organizationswe usually think of creativity as a characteristic of individuals but might some

  Prioritize and articulate the selected requirements

Identify at least 4 applicable government regulations/ standards that govern how the requirements must be met, implemented, or measured. Provide rationale for why these are applicable.

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