How much more money will she have at retirement

Assignment Help Financial Management

Reference no: EM131299943

Investment Value. Judy pays off her car loan and now must decide how she wants to invest the extra $3,648 per year that she budgeted for car payments.

She decides to invest this additional amount in her employer-sponsored retirement plan.

Currently, the plan is averaging a 12% annual return. Judy has 15 years until retirement. How much more money will she have at retirement if she invests this additional amount?

Reference no: EM131299943

Questions Cloud

Homeowners insurance help protect and maintain your wealth : How does purchasing car insurance and homeowner's insurance help protect and maintain your wealth?- How does purchasing sufficient health insurance and disability insurance help protect and maintain your wealth?

How excessive spending prevent effective financial planning : Life Insurance. How does life insurance protect your wealth? Who needs life insurance?- impact of Spending on Financial Planning. Explain how excessive spending can prevent effective financial planning.

Write a java program for the search the given position : Write a Java Program for the Generate 100000 positive numbers between (0,150), Search the position of the first "58" in the array and Count how many "58" in the array.

How much would judy earn from the cd : She is guaranteed a return of 4% on a four-year CD. How much would Judy earn from the CD? Which of the two alternatives offers the better return?

How much more money will she have at retirement : Currently, the plan is averaging a 12% annual return. Judy has 15 years until retirement. How much more money will she have at retirement if she invests this additional amount?

Save her in total over the next 15 years : Assuming she remains in a 25% marginal tax bracket until she retires, how much will it save her in total over the next 15 years, ignoring the time value of the tax savings?

Describe the policies that would be implemented dr team : Describe the proper procedures and policies that would be implemented specific to the DR team personnel as well as special equipment that would be required.

What is the financial situation of the company : Compare and Contrast the Balance Sheet as of February 28th with the balance sheet as of March 31st. After analyzing the statements, answer the following questions: What is the financial situation of the company as of February 28th

List five ways that you could save money : List five ways that you could save money.- Watch one of the videos on money management and finances. What did you learn from this video?

User Account

All Pages