### Computing the annual interest rate

Assignment Help Finance Basics
##### Reference no: EM131069980

Your parents will retire in 15 years.They currently have \$400,000, and they think they will need \$2,450,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds?

#### Questions Cloud

 Convert the yields to weekly numbers : Convert the yields to weekly numbers. Use these as a proxy for the risk free rate).The treasuey bill that i needed is from 2015~2016 most recent rate. Please help me to fine those data asap. Why do you think they were behaving in that manner : What did you see people doing at each location - Why do you think they were behaving in that manner? Who do you think was their intended audience? Convertible bond provision-subordinate debt : Examine whether or not each provision listed will make the bonds more or less desirable as an investment: Call provision, convertible bond provision, subordinate debt. Why would an employer elect to use personality profiles : Based on your knowledge of the major personality theories, why would an employer elect to use personality profiles in the interviewing process? Computing the annual interest rate : Your parents will retire in 15 years.They currently have \$400,000, and they think they will need \$2,450,000 at retirement. What annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? Determining the brokerage account : You have \$20,060.31 in a brokerage account, and you plan to deposit an additional \$5,000 at the end of every future year until your account totals \$260,000. You expect to earn 12% annually on the account. How many years will it take to reach your .. What are the firm roe and roic : Its notes payable equals \$23,000, long-term debt equals \$75,000, and common equity equals \$240,000. The firm finances with only debt and common equity, so it has no preferred stock. What are the firm's ROE and ROIC? What is its roe : A firm has a profit margin of 5.5% and an equity multiplier of 1.8. Its sales are \$260 million, and it has total assets of \$130 million. What is its ROE? Explain cognitive and psychosocial development : How theories of development explain cognitive and psychosocial development. Find at least two scholarly or professional articles to use in this assignment.

### Write a Review

#### What are the main differences between credit analysis and

what are the main differences between credit analysis and equity analysis? how do these impact the financial statement

#### What is the days sales in receivables

Billings, Inc has net income of \$161,000, a profit margin o 7.6 percent, and an accounts receivable balance of \$127,100. Assume that 66 percent of sales are on credit. What is the days' sales in receivables?

#### A company is planning to invest 100000 before tax in a

a company is planning to invest 100000 before tax in a personnel training program. the 100000 outlay will be charged

#### What are the merits and demerits of these two methods

Explain the difference between accounting rate of return and internal rate of return. What are the merits and demerits of these two methods?

#### You would like to have enough money saved to receive a

you would like to have enough money saved to receive a growing annuity for 20 years growing at a rate of 5 per year

#### Prepare a multiple step income statement

Which of the following statements is NOT an objective of financial reporting? An increase in inventory balance would be reported in a statement of cash flows using the indirect method

#### What is juventus roa

Profitability ratio: Juventus Corp has total assets of \$4,744,288, total debt of \$2,912,000, and net sales of \$7,212,465. Their net profit margin for the year is 18 percent. What is Juventus's ROA? Please show work

#### You must understand how the income statement balance sheet

harvard business publishing working capital simulation managing growth assignmentacting as the ceo of a small company

#### Describe interest rates that directly apply to money market

Identify and describe five interest rates that directly apply to the money market. Write a short paragraph comparing a bank discount rate to a bond equivalent rate.

#### What is its cost

A company has 100000 shares of Rs 100 at par of preference shares outstanding at 9.75 per cent divident rate. The current market price of the prefernce share is Rs 80. What is its cost?

#### You can earn 045 per month at your bank if you deposit 1500

you can earn 0.45 per month at your bank. if you deposit 1500 how long must you wait until your account has grown to

#### Calculate annually withdrawn amount

Today you begin your retirement. 30 years ago you deposited \$50,000 into an investment account that, since then, has always paid a 6 APR compounded yearly.