User Account

All Pages

Calculate the required rate of return

Assignment Help Finance Basics
Reference no: EM131412330

Calculate the required rate of return

Question: Today, you invested $4,100 in a retirement account. What annual rate of return will you have to earn if your account is to be worth $56,000 when you retire 35 years from now? Assume you make no further deposits into this account.

  • 7.76 percent
  • 8.10 percent
  • 8.17 percent
  • 8.23 percent

Reference no: EM131412330

Questions Cloud

What is the amount of the monthly payments : A commercial bank will loan you $49,588 for 8 years to buy a car. The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the loan is 17.33 percent of the unpaid balance. What is the amount of the mon..
What is the amount of the monthly payments : A commercial bank will loan you $49,588 for 8 years to buy a car. The loan must be repaid in equal monthly payments at the end of the month. The annual interest rate on the loan is 17.33 percent of the unpaid balance. What is the amount of the mon..
Determine validity or invalidity of aircraft disintegrate : Determine the validity or invalidity of the original arguments.- All aircraft that disintegrate in flight are unsafe planes.
Write down the stuck-at-fault list for the circuit : Write down the stuck-at-fault list for the circuit shown in Figure 10.10. Derive tests for A/1 and A/0 and determine which other faults these tests cover. Show that it is not possible to derive a test for G/0.
Calculate the required rate of return : Question: Today, you invested $4,100 in a retirement account. What annual rate of return will you have to earn if your account is to be worth $56,000 when you retire 35 years from now? Assume you make no further deposits into this account.
Company ensure that its code of ethics is integrated : How does a company ensure that its code of ethics is integrated into the daily decision-making process of the company and is not just a symbolic trophy or plaque hanging on the wall?
What source of law is the patient lawsuit likely to be based : A patient has filed a $3 million medical malpractice lawsuit against St. Patrick Hospital. In light of the patient’s litigious background and the facts of the case, hospital administration is adamant that it is not liable. What source of law is the p..
Director general of new netherlands province : Peter Minuet, the first director general of New Netherlands province, purchased Manhattan Island from the local Canarsee Indians for approximately $24 in 1626. It is often claimed that the Indians got a raw deal. If the appropriate interest rate i..
Original balance if the interest rate : Mr. ZZZ suddenly remembers a savings account that was opened 70 years earlier and finds that it contains a balance of $1521.32. How much was the original balance if the interest rate remained at 5% for the whole 70 year period?

Reviews

Write a Review

Finance Basics Questions & Answers

  Discrete or a continuous random variable

Is the number of passengers who show up for a particular commercial airline flight a discrete or a continuous random variable?

  Poisson process with rate

Events occur according to a Poisson process with rate = 4 per hour. (a) What is the probability that 2 or more events occur in the first 30 minutes?

  Chances about the same for both investigators

One investigator takes a sample of 100 men age 18-24 in a certain town. Another takes a sample of 1,000 such men.

  What was the average real risk-free rate over this time

youve observed the following returns on crash-n-burn computers stock over the past five years 11 percent ?o11 percent

  What is the rotor frequency for a 60 hz induction generator

Explain the difference between rotor speed and rotor frequency. For s = -0.01 and a rotor speed of 1740 rpm, what is the rotor frequency for a 60 Hz induction generator?

  Calculate the number of years until maturity

What is the yield to maturity for the bond issued by Xenon, Inc.? (Do not include the percent sign (%). Enter rounded answer as directed, but do not use the rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g.,..

  Cash receipts from interest and dividends

Cash receipts from interest and dividends are classified and When equipment is sold for cash, the amount received is reflected as a cash

  Nonprofit organization profile

In 2000, XYZ Corporation was incorporated as a 501(c)3 nonprofit in the state of Texas. The organization's mission is to provide psychiatric counseling services for residents of El Paso County.

  What is johnson and johnson beta with respect to the market

Suppose the risk-free return is 4% and the market portfolio has an expected return of 10% and a volatility of 16%. Johnson and Johnson Corporation (Ticker: JNJ) stock has a 20% volatility and a correlation with the market of 0.06.

  Calculate the pearson correlation coefficient

Calculate the Pearson correlation coefficient between the variables. Was your hypothesis about the nature of the correlation supported?

  Different categories of common financial ratios

What is financial system? How it helps firms to raise short term and long term funds requirements and what are major components of financial statements? What purposes it serves to its users.

  Calculate the initial investment associated with the replace

Calculate the initial investment associated with the replacement of the existing grinder by the new one. Determine the incremental operating cash inflows associated with the proposed grinder replacement. Determine the terminal cash flow expected at 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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd