Explain the results in terms of time value of money.

Assignment Help HR Management
Reference no: EM131281517

ENG DQ

"Putting it All Together - Revising the Justification Report" Please respond to the following:

This week, you will utilize the techniques that you have studied in your Week 6 readings to revise your Justification Report while adding the final parts. Based on your readings, state three (3) things that you will be looking for as you revised and proofread (e.g. organization, structure, grammar elements). Discuss the strategies that you will implement to ensure that your assingment is polished and in final draft format.

If you need help submitting assignments, please click here for more information.
There are three (3) types of textbook based homework items located at the end of each chapter. These include Discussion Questions (DQ), Exercises (E), and Problems (P). Some homework items have been custom created.
Complete the following from the textbook:

Chapter 8: DQ1

If you need help submitting assignments, please click here for more information.
There are three (3) types of textbook based homework items located at the end of each chapter. These include Discussion Questions (DQ), Exercises (E), and Problems (P). Some homework items have been custom created.
Complete the following homework scenario:
Bob and Lisa are both married, working adults. They both plan for retirement and consider the $2,000 annual contribution a must.

First, consider Lisa's savings. She began working at age 20 and began making an annual contribution of $2,000 at the first of the year beginning with her first year. She makes 13 contributions. She worked until she was 32 and then left full time work to have children and be a stay at home mom. She left her IRA invested and plans to begin drawing from her IRA when she is 65.

Bob started his IRA at age 32. The first 12 years of his working career, he used his discretionary income to buy a home, upgrade the family cars, take vacations, and pursue his golfing hobby. At age 32, he made his first $2,000 contribution to an IRA, and contributed $2,000 every year up until age 65, a total of 33 years / contributions. He plans to retire at age 65 and make withdrawals from his IRA.

Both IRA accounts grow at a 7% annual rate. Do not consider any tax effect.
Write a two to three (2-3) paragraph summary in which you:

Create a chart summarizing the details of the investment for both Bob and Lisa.

Explain the results in terms of time value of money.

Reference no: EM131281517

Questions Cloud

Version of the neoclassical : Consider the following version of the neoclassical (Solow) growth model. Suppose the rela- tionship between output per worker, y, and capital per worker, k, at any point in time is represented by
Does ada require an employer to assign a disabled employee : Does the ADA require an employer to assign a disabled employee to a particular position even though another employee is entitled to that position under the employer's established seniority system?"
Explain a possible process for dissolution of w in a ni melt : Explain how the migration direction is determined at the beginning of diffusion-induced grain boundary migration.
Suppose that you are influenced by the classical economists : Suppose that you are influenced by the Classical Economists. How would you answer the following joke question: how many economists does it take to screw in a light bulb? Explain your answer.
Explain the results in terms of time value of money. : Explain the results in terms of time value of money.Create a chart summarizing the details of the investment for both Bob and Lisa.
Multi-year budget evaluation : This assignment is the second of a three-part process. Part III will be completed in Unit VIII. Using the selected government budget from Part I in the previous unit, evaluate the past three years' allocation of private and public goods. Develop an..
Explain the variation of solute drag force with grain size : Draw a schematic figure and explain the grain growth velocity as a function of grain size from 0.01 to 100μm for a single-phase system with high solute segregation at the grain boundary. Assume normal grain growth at any grain size.
Read the introductory text for the eeocs position : Do you believe the quoted reassignment language means something more than allowing her to compete equally with all other candidates for this vacant position? Explain.
Find the fiscal policy approach used by the us : Do some research and find the fiscal policy approach used by the U.S., China, Germany, and the U.K. from 2008 until present. What approach did each of these countries take, and what was the change in GDP for each one of these economies from 2008 u..

Reviews

Write a Review

HR Management Questions & Answers

  Determine the effect on the george''s operating income

Determine the effect on the George's operating income if the Children's active wear clothing line is discontinued. Comment on your analysis.

  Types of training and talent development

How should you (in an HR role) go about succession planning for these positions? What types of training and talent development would you recommend, and why?

  Operational business questions1 i need

operational business questions1. i need assistanceinformation for the following questions.2.on a macro basis create the

  Pocess of a program development

Summarize the process of a program's development based on the program scenario you have used throughout the course from Appendix B.

  What are the components of executive compensation

In 2008, Pratt estimated that executives received more than 360 times the pay of the average worker (as cited in Milkovich, Newman, & Gerhart, 2011). What are the components of executive compensation? Why is there concern about executive pay today..

  Show the employee benefits

Benefits are very necessary. However, it is not possible for all companies, of any size to be able to afford all of these programs. In addition, the new medical insurance fine may in many cases put companies down for the count.

  Were there risks associated with the globalization

Did it benefit from global expansion? If so, how? If not, why? Did this benefit or hinder the benchmark's domestic market share? Explain. Were there risks associated with the globalization?

  Purpose of marketing product

The combination of the four Ps used for the purpose of marketing product is known as the marketing mix. For this paper, you will be creating your own marketing mix. Specifically, you will complete the following:

  Show the value of a balanced scorecard

Show the value of a Balanced Scorecard and Include in your discussion the components of the Balanced Scorecard.

  Expenditure details of the ministry of agriculture

The approved estimates and actual expenditure details of the Ministry of Agriculture for the year 19X7/19X8 were as follows:

  What are the core values of total quality management

What sorts of activities does managing cultural diversity involve, and to what degree do HR professionals believe these activities are beneficial in maintaining a competitive advantage?

  The answer to resources to support personal growth and

the answer to resources to support personal growth and developmentwhere would you look for resources to support

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