About the account expenses

Assignment Help Financial Management

Reference no: EM131057214

Beginning 3 months from now, you want to be able to withdraw $2,000/quarter from your bank account to cover college expenses over the next four years. The account pays .75% per quarter. How much do you need to have in your account today to meet your expenses?

Reference no: EM131057214

Questions Cloud

Currently pay dividend : Netscrape Communications does not currently pay a dividend. You expect the company to begin paying a $4.8 per share dividend in 14 years, and you expect dividends to grow perpetually at 6.3 percent per year thereafter. If the discount rate is 15 perc..

According to the dividend discount model : Assume that Monsanto's last dividend (paid yesterday) was $4.40 per share. You expect dividends to grow at a constant rate of 5.5% per year forever. Investors' required rate of return is 14%. According to the Dividend Discount Model, what should be t..

Determine the mach numbers at exit and entry : At the inlet to an axial diffuser the velocity of the approaching air is 420 m/s, the stagnation pressure is 300 kPa, and the stagnation temperature is 600 K.

Discuss the expectation of the corporate governance council : Discuss the expectation of the Corporate Governance Council that the majority of directors on the boards of ASX companies should be independent

About the account expenses : Beginning 3 months from now, you want to be able to withdraw $2,000/quarter from your bank account to cover college expenses over the next four years. The account pays .75% per quarter. How much do you need to have in your account today to meet your ..

Sample of a radioactive nuclide : A 80 mg sample of a radioactive nuclide is administered to a patient to obtain an image of her thyroid. If the nuclide has a half-life of 12 hours, how much of the nuclide remains in the patient after 6.0 days?

Discuss the differences in black military service : Original Post: Discuss the differences in black military service and attitudes toward the war, comparing the Spanish American War and World War I to World War II. What was different and why was there protest in some African American circles agai..

Non-financial professionals understand the first steps : Even a rough NPV can be a great way to weed though a group of projects to find the top picks that need further analysis. Most department managers can understand a simple "will it make money or not" and NPV can be an excellent way to help non-financia..

How much power is required to drive the compressor : A geometrically similar compressor is made with a diameter 1.8 times the size of the model and is required to work against a pressure head of 80 mm of water. Determine the operating speed and the power needed to drive the compressor assuming dynam..

User Account

All Pages