Month in savings account

Assignment Help Business Management
Reference no: EM131210160

You plan to buy a house in 6 years. You want to save money for down payment. You are able to place 415.00 every month at the end of the month in savings account with annual rate of 6.29% compounded monthly. How much money will be in the account after you made last payment?

Reference no: EM131210160

Questions Cloud

What can be done to avoid project abandonment : What kinds of processes are involved in any software development project? What factors contribute to software development/maintenance project abandonment? What can be done to avoid project abandonment?
A change in the quantity demanded of foreign exchange : Distinguish between a change in the quantity demanded of foreign exchange and a change in demand for foreign exchange.
What are the main components of this process : Describe the STEP process. What are the main components of this process? 16.6 What are the major areas of Deming's PDCA process? Describe the TMM process.
Supply of dollars in the foreign exchange market : Explain the relationship between the supply of dollars in the foreign exchange market and debit items in the balance of payments.
Month in savings account : You plan to buy a house in 6 years. You want to save money for down payment. You are able to place 415.00 every month at the end of the month in savings account with annual rate of 6.29% compounded monthly. How much money will be in the account..
Nominal rates of return : Large cap stocks had nominal rates of return of 11.38%. The rate of inflation during the last year was 4.34%. What is the real rate of return for large cap stocks?
Surplus in the current account : How is a surplus in the current account related to a deficit in the capital account? - How is a deficit in the current account related to a surplus in the capital account?
Write a logic program that prints all the natural numbers : Assuming that the natural numbers are represented using 0 for zero and s(n) for the successor of n and using a primitive write(x) that writes the term t, write a logic program that prints all the natural numbers.
What is present value of inventory : An investment will pay $1448 two years from now, 2726.00 four years from now and 3093.00 five years from now. If opportunity rate is 12.42% per year, what is present value of inventory?

Reviews

Write a Review

Business Management Questions & Answers

  Legal risks and operational benchmarking

Legal Risks and Operational Benchmarking

  Traditional and matrix organization

Compare and contrast the traditional and matrix organization. What are its advantages and disadvantages of the matrix organization?

  Corporate governance and top management

Can somebody please describe in detail how corporate governance affects the decisions of top management and the board of directors?

  Inventory information using bookkeeping

Mark Putnam owns a small golf equipment company. Originally, he recorded sales and inventory information using bookkeeping and inventory management software, and communicated with customers through e-mail. As his business expanded, he installed an..

  Price discrimination is indistinguishable from dumpin

Answer the following two questions:1.Within 20 years, we will have seen the emergence of enormous global markets for standardized consumer products. Do you agree with this statement? Justify your answer.2.Price discrimination is indistinguishable fro..

  Explain employee relations

Explain Employee Relations Please respond to the following- Analyze the importance of determining whether an employee issue is related to behavior or performance

  What makes e-based systems more effective than edi systems

What makes e-based systems more effective than electronic data interchange (EDI) systems? Just a paragraph of 150 -200 words.

  Discuss the sample design for the proposal describe the samp

Discuss the sample design for the proposal, Describe the sampling procedures (convenience , quota simple random) that will yield the best results for youre research objective and justify youre rationale for choosing the procedure(s).Include the follo..

  Examine the usefulness of technology to supply chains

Examine the usefulness of technology to supply chains, plans for import / export operations, and globalization.

  Essay about the importance of benchmarking in best buy

Write a short essay about the importance of Benchmarking in Best Buy Inc. Explaining in simple words and not research.Benchmarking is one cost management technique. The essay should develop the importance and how we can relate Benchmarking in Bes..

  Explain employer and the privacy concerns of the employees

Be ensure to take into account both the needs of the employer as well as the privacy concerns of the employees.

  Determining an overbooking policy

Suppose which from experience you know the probabilities of specific numbers of no-shows. Could you use which information in determining an overbooking policy?

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