Making equal annual end-of-the-year deposits

Assignment Help Financial Management

Reference no: EM131585129

Lisa Simpson wants to have exist1, 100,000 in 60 years by making equal annual end-of-the-year deposits into a tax-deferred account paying 10.25 percent annually. What must Lisa's annual deposit be?

The amount of Lisa's annual deposit must be exist_ (Round to the nearest cent.)

Reference no: EM131585129

Questions Cloud

Compute the value of the option to upgrade at time zero : You are given the following information on the best guess of related outcomes for a project. Compute the value of the option to upgrade at time 0.

What is net present value of project : A company is all-equity firm. The cost of the company's equity is currently 11% and risk-free rate is 3.5 percent. what is the net present value of the project?

Advantages and disadvantages of real estate investing : What are the advantages and disadvantages of real estate investing?

Is there an arbitrage opportunity : Is there an arbitrage opportunity? If yes, how would you implement arbitrage opportunity?

Making equal annual end-of-the-year deposits : making equal annual end-of-the-year deposits into a tax-deferred account paying 10.25 percent annually.

What is the total amount you will receive from the bank : what is the total amount you will receive from the bank including principal and interest?

How many years did your mother sell books in bookstore : Your mother has been working in a small bookstore for many years. how many years did your mother sell books in her bookstore?

Additional capital from venture capitalist : If you take additional capital from a Venture Capitalist what would you gain and simultaneously lose?

What is the present value of the cash flow in year two : what is the present value of the cash flow in year 2?

User Account

All Pages