You have 1046318 in a brokerage account and you plan to

Assignment Help Finance Basics
Reference no: EM13616610

You have $10,463.18 in a brokerage account, and you plan to deposit an additional $6,000 at the end of every future year until your account totals $250,000. You expect to earn 14% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.

Reference no: EM13616610

Questions Cloud

A bottle rocket can shoot its projectile vertically to a : a bottle rocket can shoot its projectile vertically to a height of 23.0 . you can ignore air resistance. at what angle
Analyze the data from this experiment minitab and jmp can : aluminum aircraft parts are always subject to possible corrosion. to prevent corrosion an anodizing solution is often
Current salary is 15637231 according to financial planners : 1. current salary is 156372.31 according to financial planners the average retiree requires approximately 70 of their
A man stands on the roof of a 190 -tall building and : a man stands on the roof of a 19.0 -tall building and throws a rock with a velocity of magnitude 24.0 at an angle of
You have 1046318 in a brokerage account and you plan to : you have 10463.18 in a brokerage account and you plan to deposit an additional 6000 at the end of every future year
Your client has been given a trust fund valued at 1 million : your client has been given a trust fund valued at 1 million. she cannot access the money until she turns 68 years old
Calculate the present value of an annuity that makes a : i already have the answers for these questions but i dont really understand how i got them i just have the numbers
You have two capacitors one with capacitance 195 of and the : you have two capacitors one with capacitance 19.5 of and the other of unknown capacitance. you connect the two
It is unlikely that the gpa values for college students who : in an american economic review dec. 2008 study of college dropouts one factor thought to influence the college dropout

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the maximum contribution to the profit sharing plan

If Donna's net self-employment income is $175,000 and her self-employment taxes t otal $16,000, what is the maximum contribution to the profit sharing plan on her behalf?

  In which ratios would each group be most interested

If we divide users of ratios into short-term lenders, long-term lenders, and stockholders, in which ratios would each group be most interested, and for what reasons?

  Find the price of a call option on the stock

The current price of a stock is $20 . In 1 year, the price will be either $26 or $16. The annual risk -free rate is 5%. Find the price of a call option on the stock that has a strike price of $21 and that expires in 1 year. (Hint: Use daily compou..

  Global monetary and financial system

What are the international and regional institutions which comprise the system? What role do these institutions play in promoting global business operations?

  What would be the additional funds needed

The after-tax profit margin is forecasted to be 5%, and the forecasted payout ratio is 65%. What would be the additional funds needed? Do not round intermediate calculations. Round your answer to the nearest dollar.

  Heavy metal corp is expected to generate the following free

heavy metal corp. is expected to generate the following free cash flows over the next five yearsyear 1 2 3 4 5fcf

  What is the relationship between data and variables

What are data. What is the relationship between data and variables. What have you learned this week about coding data for collection and reporting purposes.

  Compute the beta and dividend payout ratio

Compute the beta and dividend payout ratio of a company with a stock price of $87.00, a dividend payment of $7.10 every year, increasing for the last ten years, at a growth rate of 6 percent.

  Answer the multiple choice questions

Accounting for long-term investments in equity securities with controlling influence uses the: at the end of the accounting period, the owners of debt securities:

  Watch the concept review video how firms raise capital

watch the concept review video how firms raise capital video located in the wileyplus assignment week 3 videos

  Assume venture healthcare sold bonds that have a ten-year

assume venture healthcare sold bonds that have a ten-year maturitya 12 coupon rate with annual payments and a 1000 par

  Determine the degree of combined leverage

With each company, multiply the degree of financial leverage times the degree of operating leverage to determine the degree of combined leverage for the two periods.

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