A 20 year old student wants to save 3 a day for her

Reference no: EM13389720

A 20 year old student wants to save $3 a day for her retirement. Everyday she places $3 in a drawer. At the end of each year, she invests the accumulated savings ($1,095) in a brokerage account with an expected annual return of 12%. If she keeps saving in this manner, how much will she have accumulated at age 67?

Reference no: EM13389720

Questions Cloud

Determine the cost of ending work in process inventory and : maple inc. manufactures syrup that goes through three processing stages prior to completion. information on work in the

A how does your organization find out customer : a. how does your organization determine customer requirements?b. how are your organizations core competencies tied

Analyze strategies for capturing the market share for : analyze strategies for capturing the market share for specific defined segments and provide a critique of the

In preparing the statement of cash flows conversion of : 1. in preparing a statement of cash flows a conversion of bonds into common stock will be reported ina. the financing

A 20 year old student wants to save 3 a day for her : a 20 year old student wants to save 3 a day for her retirement. everyday she places 3 in a drawer. at the end of each

Write down the differences between corporate : what are the differences between corporate responsibility and corporate philanthropy? explain how a business benefits

The main principal objective of utilization management is : to support your work provide references for the citations in apa format.utilization managementthe principal objective

Provide an example of when reclassifying a long term : the current ratio measures the degree to which current assets cover current liabilities. a high ratio indicates a good

You will create a complete marketing plan by the end of the : throughout this class you have examined a product of the waters bottling company and addressed market concepts theories

User Account

All Pages