User Account

All Pages

Intention of saving enough to purchase a house

Assignment Help Business Management
Reference no: EM131259226

Steve and his wife Christine recently opened an investment account with the intention of saving enough to purchase a house. Their goal is to have $45,000 for a down payment in 5 years. Their account will guarantee them a return of 8% compounded annually. How much do they need to put into the account right now to reach their goal?

  • $30,626.24.
  • $39,546.09.
  • $46,778.96.
  • $51,214.75.

Reference no: EM131259226

Questions Cloud

Write an opinion editorial : Write an opinion editorial for a local or national newspaper. The topic is your choice. The only limitation on the topic is that it should focus on a current healthcare issue. This issue can be a policy problem, business problem, or some other issue ..
Create a user named gg-user with password gg-user+password : Create a user named GG-User with the password GG-User+password. Assign this user to database roles so that the user can read, insert, delete, and modify data.
Create and populate the qacs database now in the dbms : Code a Web page using PHP to display the data in SERVICE. Add a hyperlink on the GG Web page to access the page. Using your database, demonstrate that your page works.
Define leaders and managers approach to solving the dilemma : Define the leader's and manager's approach (mindset) to solving the dilemma. Determine Para's solution if he used the leader's perspective and then if he used the manager's perspective.
Intention of saving enough to purchase a house : Steve and his wife Christine recently opened an investment account with the intention of saving enough to purchase a house. Their goal is to have $45,000 for a down payment in 5 years. Their account will guarantee them a return of 8% compounded an..
Business-level strategies heavily : According to Michael Porter, whose ideas about business-level strategies heavily influence current strategic management theory, it is not possible for a company to be both a low-cost and a differentiated business.
Create an appropriate odbc data source for your database : Add a new folder to the DBC Web site named QACS. Create a Web page for the Queen Anne Curiosity Shop in this folder-use the file name index.html. Link this page to the DBC Web page.
Concept of the disciplining context : Explain the concept of the disciplining context and why medical professionals accepted and used it. Also, explain why the internal market system, which was implemented to solve financial problems, was abandoned.
Explain how the camera obscura and magic lantern led : In class we talked about how both newspapers and motion pictures developed amid serious objections from one or more segments of society. Compare and contrast the development and history of motion pictures in regard to regulation. Use examples to..

Reviews

Write a Review

Business Management Questions & Answers

  Ebitand eps

How will you use the degree of leverages to calculate new EBIT and new EPS.Calculate the new DOL, DFL & DCL and comment.Operating cycle.Cash conversion cycle.Net operating working capital required by the company

  At what pre- tax rate of return

Assume that a taxpayer can choose when he is to receive $10,000 of fully taxable income. If the taxpayer receives the income at the end of Year 1, he will receive exactly $10,000. If he delays receipt of the income until the end of Year 2, the amount..

  Potentially increase demand

Potentially increase demand?

  Explain general view of dissatisfaction

Explain general view of dissatisfaction from your sales group but not a clear view if there is an issue.

  Pattern of transmissions and associated state transitions

Assume the ACK timer is one-unit long. Assuming stations A and B begin with their sequence numbers set to zero, show the pattern of transmissions and associated state transitions for the following sequences of events:

  What is the role of iso certification in a qa program

International Standards Organization (ISO) has a set of standards that follows certain processes of quality management programs implementation. What is the role of ISO certification in a QA program

  Element of a persons decision-making style

In what situations are group decisions better than individual decisions and when are they not?

  The goods had remained partially destroyed by the water

The bill of lading had a notation on it that the goods had remained partially destroyed by the water leakage after they were loaded on board the ship. Must the confirming bank pay the seller on the letter of credit?

  Explain what is the annual dividend

Explain What is the annual dividend and If it is paid quarterly and how much will be paid each quarter?

  Question regarding the shade of orange

Within each circle, the central green area ranges from 50.01% to 100% depending on the shade of green (lighter is less, and the black dot represents 100%). If they fall within the orange portion it is 0.01% to 50%. This is also based on the shad..

  Future of decision making in the field of management

For this last Discussion of the course, consider the future of decision making in the field of management. What trends do you see or can you possibly imagine in the future? Brainstorm your ideas about the future.

  Explain the relationship between transaction

Explain the relationship between Transaction, Economic, and Translation exposure. Provide examples to illustrate how and why it occurs.Describe the different types of financial contracts and how they are associated with each type of exposure.

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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