User Account

All Pages

How much more will you have to deposit as a lump sum

Assignment Help Accounting Basics
Reference no: EM133115359

Question - When you retire 40 years from now, you want to have £1.2 million. You think you can earn an average of 12 percent on your investments. To meet your goal, you are trying to decide whether to deposit a lump sum today, or to wait and deposit a lump sum 2 years from today. How much more will you have to deposit as a lump sum if you wait for 2 years before making the deposit?

a. £1,414.14

b. £2,319.47

c. £2,891.11

d. £3,280.78

e. £3,406.78

Reference no: EM133115359

Questions Cloud

How much additional profit will be generated : A one-time customer has offered to buy 2,000 units at a special price of £48 per unit. How much additional profit will be generated
Million of long-term debt : External Funds Needed Cheryl Colby, CFO of Charming Florist Ltd., has created the firm's pro forma balance sheet for the next fiscal year. Sales are projected t
Generate annual profits : You are the CFO of a drug company, and you must decide whether to invest 70M dollars in R&D for a new drug. If you conduct the R&D, you believe that there is a
CPSC 552 Cyber Forensics Assignment : CPSC 552 Cyber Forensics Assignment Help and Solution, California State University Fullerton - Assessment Writing Service
How much more will you have to deposit as a lump sum : When you retire 40 years from now, you want to have £1.2 million. How much more will you have to deposit as a lump sum
Construct a price-weighted index for these three stocks : Construct a price-weighted index for these three stocks, and compute the percentage change in the series for the period from T to T +1
Describe any valuation metric scott mcnealy : Discuss Scott McNealy s comments about sentiment in his interview with Fortune magazine. In your answer, describe any valuation metric Scott McNealy mentions. D
Digital business model : Prepare a business report that deconstructs a chosen organization's (PELOTON) digital business model
Estimate the intercept and slope of the regression : You have collected returns on AnaDone Corporation (AD Corp.), a large, di-versified manufacturing firm, and the NYSE index for five years:

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd