How much money will she have at age 65if a 40 year old

Assignment Help Accounting Basics
Reference no: EM13573200

A 20 year old saves $ 1,095 a year which she places in a brokerage account with a 12% expected return.

How much money will she have at age 65?If a 40 year old investor began saving this much, how much would she have at age 65?How much would the 40 year old investor have to save each year to accumulate the same amount at age 65 as the 20 year old investor?

Reference no: EM13573200

Questions Cloud

It is given that sales is 68000000 contribution margin is : it is given that sales is 680000.00 contribution margin is 240000.00 fixed overhead is 52000 fixed selling is 18000 and
Assume that a software company is considering creating a : assume that a software company is considering creating a new software product. assume that the new software product has
The companys net income loss for the year was 11300 and its : hocking corporations comparative balance sheet appears belowending balancebeginning
The heuser companys current outstanding 10 percent coupon : the heuser companys current outstanding 10 percent coupon bonds with a 1000 face value mature in 12 years.nbsp the
How much money will she have at age 65if a 40 year old : a 20 year old saves 1095 a year which she places in a brokerage account with a 12 expected return.how much money will
Which of the following is not a valid quantitative measure : which of the following is not a valid quantitative measure for accounts receivable collection policies?a. average
What would be the effect of this purchase on income before : aa hardware uses the lifo method to value its inventory. inventory at the beginning of the year consisted of 25000
University printers has two service departments and two : university printers has two service departments and two operating departments printing and developing. management has
Abraham isaac and jacob each have a capital balance of : abraham isaac and jacob each have a capital balance of 50000.abraham is very old and is retiring from the business. the

Reviews

Write a Review

Accounting Basics Questions & Answers

  I the chart of accounts is represented with a table in

the chart of accounts is many times described in financial accounting as the central element of a general ledger

  Report on realized gain on the sale of stock

Ellis sold all of the Hiller stock for $17 per share on December 3, 2008, incurring $14,000 in brokerage commissions. What should Ellis Company should report a realized gain on the sale of stock in 2008?

  What level of the irs sends the bill to c-ment

To what level of the IRS are C-Ment's returns sent if it is determined that it will be necessary to contact the corporation during the audit process?

  Describe the ethical choices in situations below in each

discuss the ethical choices in the situations below. in each instance describe the ethical dilemma determine the

  What are the economic social equity and political

what are the economic social equity and political considerations that justify various aspects of the tax law?describe

  Quayle oil company is considering investing in a new oil

quayle oil company is considering investing in a new oil well. it is expected that the oil well will increase annual

  Kendra co uses a standard job cost system with a normal

kendra co. uses a standard job cost system with a normal capacity of 25400 direct labour hours. kendra co. produces

  Provide and explain missing closing entry

Retained earnings at 1/1/06 was $150,000 and at 12/31/06 it was $200,000. During 2006, cash dividends of $50,000 were paid and a stock dividend of $40,000 was issued. Both dividends were properly charged to retained earnings.

  Determine the maturity date

Determine the maturity date, interest at maturity, and maturity value for each of the following notes.

  Kannan carpets inc has asked you to calculate the companys

kannan carpets inc. has asked you to calculate the companys current ratio for 2001. all you have is a partial balance

  Shadow services uses the accrual method and reports on a

shadow services uses the accrual method and reports on a calendar year. this year shadow agreed to a uniform cleaning

  Journal entry of building purchase-magazine subscription

A company buys a building with an appraised value of $100,000 for $30,000 cash and the assumption of a 25 year, 10% mortgage with a balance of $60,000

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