A if you deposit 10000 in a bank account that pays 10

Assignment Help Business Economics

Reference no: EM13354090

(a) If you deposit $10,000 in a bank account that pays 10% interest annually, how much will be in your account after 5 years?

(b) What is the present value of a security that will pay $5,000 in 20 years if secuities of equal risk pay 7%?

(c) Your parents will retire in 18 years. they currently have $250,000, and they think they will need $1,000,000, at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds?

(d) If you deposit money today in an account that pays 6.5% annual interest, how long will it take to double your money?

(e) You have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $250,000. You expect to earn 12% annually on the account. How many years will it take to reach your goal?

Reference no: EM13354090

Questions Cloud

Qspecialty steel has carefully measured production in its : q.specialty steel has carefully measured production in its new plant to determine whether it is technically efficient

1in which of the following situations is bootstrapping and : 1.in which of the following situations is bootstrapping and other resampling methods often used?a.when data have been

Q it is now january 1 2012 and you will need 1000 on : q. it is now january 1 2012 and you will need 1000 on january 1 2016 in 4 years. your bank compounds interest at an 8

1an advantage of the permutation test over the t test for a : 1.an advantage of the permutation test over the t test for a difference in means is thata.it gives accurate p-values

A if you deposit 10000 in a bank account that pays 10 : a if you deposit 10000 in a bank account that pays 10 interest annually how much will be in your account after 5

1my bootstrap distribution after 1000 resamples is shown in : 1.my bootstrap distribution after 1000 resamples is shown in the histogram and summary statistics below.based on this

Q1 you must decide whether or not to introduce a new : q.1. you must decide whether or not to introduce a new product. if you launch the fresh product your competitor will

1bias of a statistic refers toathe difference between a : 1.bias of a statistic refers toa.the difference between a statistic and the actual parameter.b.whether or not questions

1the bootstrap method of inference relies onaresampling : 1.the bootstrap method of inference relies ona.resampling with replacement from the original sample.b.resampling from

User Account

All Pages