About the retirement account

Assignment Help Financial Management
Reference no: EM13908822

Carla Lopez deposits $7980 a year into her retirement account. If these funds have an average earning of 3 percent over the 19 years until her retirement, what will be the value of her retirement account?

Reference no: EM13908822

Questions Cloud

Coupon rate-what is the price of the bond : A bond has a coupon rate of 11 percent and 5 years until maturity. If the yield to maturity is 10.1 percent, what is the price of the bond?
Who are you as a walden student : The first and longest section of your essay should describe who you are today as a result of this first-term course and starting your educational journey. Specifically consider your personal plan for success at Walden. Answer these questions to de..
Use the appropriate time value of money table : A financial company that advertises on television will pay you $65,000 now for annual payments of $10,300 that you are expected to receive for a legal settlement over the next 8 years. Assume you estimate the time value of money at 9 percent. Use the..
Pak company manufactures and sells mountain bikes : PAK Company manufactures and sells mountain bikes. It normally operates eight hours a day, five days a week.
About the retirement account : Carla Lopez deposits $7980 a year into her retirement account. If these funds have an average earning of 3 percent over the 19 years until her retirement, what will be the value of her retirement account?
Show that no unbiased estimate of x exists observation of y : Let Y = X2 + Z, where Z is a zero-mean unit variance Gaussian rv. Show that no unbiased estimate of X exists from observation of Y. Hint. Consider any x > 0 and compare with -x.
Deposit at the start of his studies to be able to withdraw : Pete Morton is planning to go to graduate school in a program of study that will take 2 years. Pete wants to have $19000available each year for various school and living expenses. If he earns 7 percent on his money, how much must be deposit at the st..
Create pipe-and-filter network that will read data stream : Create a pipe-and-filter network that will read the data stream in FlightData.dat file, convert the temperature measurements from Fahrenheit to Celsius, and convert altitude from feet to meters - How would this impact the key quality attributes of ..
Discuss the rationale that underlies management''s belief : Briefly discuss the rationale that underlies management's belief.

Reviews

Write a Review

Financial Management Questions & Answers

  Evaluate the principal methods for assessing risk

Discuss the approach your organisation used to manage its new initiatives-especially new product developments and Discuss how your organisation evaluates projects within its overall portfolio.

  Bond outstanding with an annual coupon rate

General Mills has $1,000 par value, 12 year bond outstanding with an annual coupon rate of 3.60 per year, paid semi annually. Market interest rates on similar bonds are 12.70 percent. Calculate the bonds price today.

  Distinction between upstream and downstream transactions

You are CFO of a large company that has a few subsidiaries. A new board member is unfamiliar with consolidation procedures particularly with respect to the elimination of intercompany inventory transactions. Provide a summary of your talking points w..

  What would be the additional funds needed

Broussard Skateboard's sales are expected to increase by 25% from $8.6 million in 2013 to $10.75 million in 2014. Its assets totalled $6 million at the end of 2013. Broussard is already at full capacity, so its assets must grow at the same rate as pr..

  Operating expenses are planned

A buyer plans on net sales of $2,000,000 for the coming year. Operating expenses are planned at $700,000 and retail reductions are planned at $300,000 with returns and allowances from customers at $50,000. Management wants a profit of $300,000 from t..

  Based on the pure expectation theory

Assume that as of today the annualized two year interest rate is 12 percent and one year interest rate is 9 percent. A three year security has an annualized interest rate of 14 percent. Based on the pure expectation theory, what is the one year forwa..

  Costs associated with deposit outflows

____ are insurance against the costs associated with deposit outflows.

  What is the market value of kurzs existing assets

Kurz Manufacturing is currently a levered firm with 50M shares outstanding priced at $10.00 per share and 250K bonds outstanding priced at $1,000 per bond (this is also the face value of each bond).  What is the market value of Kurz’s existing assets..

  Using the dividend discount model

Yippie is a recent startup and is currently not paying any dividends. The earnings in 2006 are expected to be $4 a share and analysts predict that Yippie’s earnings will grow at an annual rate of 30% for the next three years (until 2009). What is the..

  Calculate his total cash flow and rate of return

ABC Co. and XYZ Co. are identical firms in all respects except for their capital structure. ABC is all equity financed with $575,000 in stock. XYZ uses both stock and perpetual debt; its stock is worth $287,500 and the interest rate on its debt is 8...

  How leverage works in purchasing call options

In 750 to 1,000 words total, APA 6th ed. format, (Part 1) explain how a short position can be protected with options; use examples, and (Part 2) comment on how leverage works in purchasing call options??

  Draw cash flow diagram

Draw and solve the Cash Flow Diagram for Future Value F. This is a 10 year Cash Flow, and interest rate is a compounded 7%). What is the Future Value F of this Engineering Cash Flow Investment?

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