I now have 23000 in the bank earning interest of 50 per

Assignment Help Finance Basics
Reference no: EM13391050

I now have $23,000 in the bank earning interest of .50% per month. I need $33,000 to make a down payment on a house. I can save an additional $100 per month. How long will it take me to accumulate the $33,000?

Reference no: EM13391050

Questions Cloud

Does the concept of revenue less expense equaling an : does the concept of revenue less expense equaling an increase in equity or fund balance make sensenbsp to you? if not
He expects to earn 8-compounded monthly-on his investments : at the end of 8 years your friend wants to have 50000 saved for a down payment on a house. he expects to earn
What type of credentials are needed for a job with this : a.nbsp provide twelve business terms and definitions that are new to you that are used by this company.nbsp you should
Propose the approach which provides redundancy failover for : you are an administrator for the contoso corporation. the contoso corporation has two 2 large sites. the corporate
I now have 23000 in the bank earning interest of 50 per : i now have 23000 in the bank earning interest of .50 per month. i need 33000 to make a down payment on a house. i can
Net present value question what is net present value of the : net present value questionwhat is net present value of the following cash flows1 investment now of 450002 revenues of
A local bank will pay you 152 a year for your lifetime if : a local bank will pay you 152 a year for your lifetime if you deposit 1900 in the bank today. if you plan to live
Write down a 2- to 3-page paper describing the use of the : write a 2- to 3-page paper describing the use of the internet in your company or organization. if your company does not
How can franchises make sure their products are suitable : prepare a two- to three-page paper in apa style sixth edition format that describes explains addresses and answers the

Reviews

Write a Review

Finance Basics Questions & Answers

  How large will your retirement account be in 30 years

If your first deposit will be made one month from now, how large will your retirement account be in 30 years? Please show all work, thanks!

  Why is working capital important to management

Compute (a) working capital and (b) the quick ratio (quick assets are $70,000). Why is working capital important to management? How do financial analysts use the quick ratio?

  How marginal cost pricing is used by price setters in health

Suppose a hospital was offered a capitation rate for a covered population of $40 per member per month (PMPM). Briefly explain how targeting costing would be applied to this situation.

  The proposal lead to an income tax base

Under current law, if your capital losses exceed your capital gains, you can deduct as much as $3,000 of losses against other forms of income. In the wake of massive declines in the stock market, in 2009 Senator Orrin Hatch suggested that figure be i..

  Discuss the objectives of corporate governance

Discuss the objectives of corporate governance and why this has led to increased costs for publicly traded companies.

  Find the value of the stock per share

The income tax rate of the company is 30%. Find the value of the stock per share after this buyback. Is the company making the right move?

  Money left on table with ipo

Considering investors, the company, and the investment banker, who is happy about the money left on the table and who is not happy. Explain.

  How much dividend income will you receive on september

How much dividend income will you receive on September 1 as a result of your ownership of Wagoneer stock?

  Compare past and current management approaches

Describe how the company was managed in the past. Compare difference between management approaches in the past to those the organization currently uses.

  Density farms inc had sales of 500000 cost of goods sold

density farms inc. had sales of 500000 cost of goods sold of 180000 selling and administrative expense of 70000 and

  What type of industries would make most use of short-range

What type of industries would make the most use of short-range, medium-range, and long-range forecasts?

  Calculation of total revenues

The Gold Rush Mining Corporation is concerned about short-term volatility in its revenues. Gold currently sells for $300 an ounce, but value is volatile and could fall as low as $280 or rise as high as $320 in the next month.

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