What annual rate of interest must earn on the investment

Assignment Help Financial Econometrics
Reference no: EM13327375

Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. You presently have $69,000 to invest.

What annual rate of interest must you earn on your investment to cover the cost of your child's college education?

Reference no: EM13327375

Questions Cloud

What is the value of the dipole moment : A dipole consists of charges +e and -e separated by 0.67 nm. It is in an electric field E = 2.2 × 104 N/C. What is the value of the dipole moment
Determine what is the present value of the liability : Imprudential, Inc. has an unfunded pension liability of $565 million that must be paid in 15 years. To assess the value of the firm's stock, financial analysts want to discount this liability back to the present.
Determine what was the annual increase in selling price : Assume that in January 2010, the average house price in a particular area was $278,400. In January 2000, the average price was $195,300.
Describe the normal forms violated in the design : Describe the normal forms violated in the following design and fix them to the third normal form.
What annual rate of interest must earn on the investment : Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. You presently have $69,000 to invest.
Identify classes, functions, and algorithms : Detailed requirements. Using guidance provided in the text, (specifically chapters 12 and 13) develop your detailed requirements. Develop as many as possible but you must cover some detailed requirements for each of your high level requirements.
Identify characteristics of a corporation : Identify characteristics of a corporation, record issuance of stock, and illustrate retained earnings transactions and prepare and analyze the income statement, balance sheet, and statement of cash flows
Determine what is the market-to-book ratio : That Wich Corp. had additions to retained earnings for the year just ended of $328,000. The firm paid out $176,000 in cash dividends, and it has ending total equity of $4.81 million.
Find the magnitude of the acceleration of the particle : an 8.00kg point mass and a 14.5kg point mass are held in place 50.0 cm apart. Find the magnitude of the acceleration of the particle

Reviews

Write a Review

Financial Econometrics Questions & Answers

  Calculate total number of copies that publisher expects sell

Your finance text book sold 47,500 copies in its first year. The publishing company expects the sales to grow at a rate of 23.0 percent for the next three years, and by 6.0 percent in the fourth year.

  What is the pw at the supers marr and the rate of return

Zippy Quick, in his bright suit and straw hat, walked briskly into the large building complex to see the superintendent (Super) about her heating, ventilating, and air conditioning (HVAC) equipment.

  What differentiates portfolios of money market mutual fund

what differentiates the portfolios of a money market mutual fund, a commercial bank, a savings and loan association, and a life insurance company

  What factors should take into consideration when evaluating

What factors should I take into consideration when evaluating a companies capital budgeting decisions based on thier annual report. Please explain which factors to look at and what to consider.

  Compute the unit product cost for one unit of each model

Marine, Inc., manufactures a product that is available in both a flexible and a rigid model. The company has made the rigid model for years; the flexible model was introduced several years ago to tap a new segment of the market.

  What criteria should managers use in selecting projects

What decision criteria should managers use in selecting projects when there is not enough capital to invest in all available positive NPV projects

  Questions on financial econometrics

Objective and multiple choice questions on Financial Econometrics responsible for creating financial statements.

  How much money do need to buy 300 shares of time

At your brokerage firm, it costs $9.50 per stock trade. How much money do you need to buy 300 shares of time Warner, Inc. (TWX) which trades at $22.62

  Determining what data should collect on an ongoing basis

Determining what data you should collect on an ongoing basis and how you should use that data to make effective decisions aimed at balancing high occupancy with high per-room profitability

  Discuss the factual rationale behind the nations decision

Discuss the factual rationale behind this nation's decision to go to war with Afghanistan and Iraq after the 9/11 attacks as well as the response from the international community

  Determine what is roten rooters roe of a profit margin

If Roten Rooters, Inc., has an equity multiplier of 1.51, total asset turnover of 1.30, and a profit margin of 6.1 percent, what is its ROE

  Objectives and principles guiding corporate governance

What is corporate governance and what are the objectives and principles guiding corporate governance?

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