How much could you withdraw at the end of each of years

Assignment Help Accounting Basics
Reference no: EM132539885

Question - Suppose you earned a $145,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years?

a. $15,044.38

b. $15,020.08

c. $15,052.48

d. $15,028.18

e. $15,036.28

Reference no: EM132539885

Questions Cloud

What is the main reason for the system demo : What is the main reason for the System Demo?
The principal risk factors in information system project : What are the principal risk factors in an information system project and how can they be managed? Research or select an information system project
Calculate the collector current and emitter voltage : Calculate the collector current and emitter voltage for both transistors. Neglect Early effect and Draw the small signal equivalent circuit
Procurement management and quality planning : In addition to cost, what factors should be considered in selecting a building contractor?
How much could you withdraw at the end of each of years : Suppose you earned a $145,000 bonus this year and invested it at 8.25% per year. How much could you withdraw at the end of each of the next 20 years
Estimate the cost of the machine : Determine the cost of the machine. Cullumber Limited purchased a machine on account on April 2, 2018, at an invoice price of $330,810.
Security march the ex-employee : The "surgical method" of firing employees is to look the person in the eye, say you are fired, and have security march the ex-employee out the door
Demonstrate basic earnings per share : Determine basic earnings per share. On April 1, 2019, River company issued 2,000,000 12% bonds at face amount. Determine diluted earnings per share
What is the most you should pay for the annuity : You could earn 5.5% on your money in other investments with equal risk. What is the most you should pay for the annuity

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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