What would be the total contributions and value of account

Assignment Help Finance Basics
Reference no: EM131128945

An employee contributes $200 a year (at the end of the year) to her pension plan.

What would be the total contributions and value of the account after five years? Assume that the plan earns 15% per year over the period.

Reference no: EM131128945

Questions Cloud

What were paul out of pocket costs from the incident : His car insurance has a $500 deductible, after which the full loss is paid. His health insurance has a $100 deductible and covers 75% of medical cost (total). What were Paul’s out-of-pocket costs from the incident?
Company employ to maximize the expected profit : If a company employs n salespersons, its gross sales in thousands of dollars may be regarded as a random variable having a gamma distribution with α = 80√n and β = 2.
Planes arriving per day at a small private airport : The number of planes arriving per day at a small private airport is a random variable having a Poisson distribution with λ = 28.8. What is the probability that the time between two such arrivals is at least 1 hour?
Financial statements contain the following selected data : Yahoo! Inc.'s 2006 financial statements contain the following selected data (in thousands).
What would be the total contributions and value of account : An employee contributes $200 a year (at the end of the year) to her pension plan. What would be the total contributions and value of the account after five years? Assume that the plan earns 15% per year over the period.
Proportion of erroneous income tax returns filed with irs : If the annual proportion of erroneous income tax returns filed with the IRS can be looked upon as a random variable having a beta distribution with α = 2 and β = 9, what is the probability that in any given year there will be fewer than 10 percent..
What is the consumer surplus in this market : What is the consumer surplus in this market?
What point in the cell cycle is the cell population : At what point in the cell cycle is the cell population when the second thymidine block is removed - explain how the times of addition and removal of excess thymidine synchronize the cell population
A certain kind of appliance requires repairs : A certain kind of appliance requires repairs on the average once every 2 years. Assuming that the times between repairs are exponentially distributed, what is the probability that such an appliance will work at least 3 years without requiring rep..

Reviews

Write a Review

Finance Basics Questions & Answers

  Estimate ace cos value per share at the end of year 2002

ace co. is to be taken over by beta ltd. at the end of year 2007. beta agrees to pay the shareholders of ace the book

  What make crossborder financial statement analysis difficult

What makes cross-border financial statement analysis difficult? What alternatives does an MNC have when investors in a foreign country demand accounting and financial information?

  Asprin treatment or a placebo treatment

A study used 1360 patients who had suffered a stroke. The study randomly assigned each subject to an asprin treatment or a placebo treatment. The table shows MINITAB output where X is the number of deaths due to heart-attack during a follow up per..

  A three- month call option is the right to buy stock

A three- month call option is the right to buy stock

  Determine percentage return the individual earned

Mutual fund's net asset is $50, but the amount charges, but the amount charges an exit fee of one percent of net asset value and a load fee of 4 percent of net asset value.

  The following information is taken from the financial

the following information is taken from the financial statement of marks bike shoptotal current assets 48000property

  Concepts and methods underlying the valuation of companies

sing your own words, describe the concepts and methods underlying the valuation of companies, including both profitability and risk analysisMany experts suggest that the PE ratio is an obsolete way to value firms.

  As an organizational leader would you be for or against

as an organizational leader would you be for or against tying your compensation to economic value added and why? what

  Expected return and standard deviation

You have $10,000 for investment. What are the expected return and standard deviation for a portfolio with an investment of $6,000 in asset X and $4,000 in asset Z?

  1 percent for debt preferred stock and common stock

capital co. has a capital structure based on current market values that consists of 45 percent debt 17 percent

  Internet about the topic global environmental issues

Do some searching on the internet about the topic Global Environmental Issues. Find one good article on the topic , read it and submit a 1,5 page written summary of main ideas in the article. Include the article itself or a link to the article so ..

  A project lost one-third of its value each year for 5

a project lost one-third of its value each year for 5 years. what was its rate of return and how much is left from a

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