Annual rate of interest

Assignment Help Business Management
Reference no: EM133151492

Assume the total cost of university education will be $116592 when your child enters university after 16 years. You have presently $51484 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's university education? Enter two decimal number without sign or symbol.

Reference no: EM133151492

Questions Cloud

Communicating the right information : Chapter 5 discusses keeping your employees informed and consulted. Why is communicating the right information or insights important to employees?
Prepare a production budget : Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, Prepare a production budget
What do unions have to offer the worker today : What do unions have to offer the worker today? Why do people vote for (or against) unions? Support with information from internet research.
Collaborative approach to buying and planning : It is typical that there is a collaborative approach to buying and planning that will affect a broad range of departments and partners in an organization.
Annual rate of interest : Assume the total cost of university education will be $116592 when your child enters university after 16 years. You have presently $51484 to invest. What annual
What is the cost of direct labor : Question - What is the cost of direct labor if the conversion costs are $330,000 and manufacturing overhead is $275,000
What are the importance of studying finance : 1. What are the importance of studying finance? 2. Discuss the evolution of Philippine Financial System?
Forces interplaying in the external environment : 1. What are the forces interplaying in the external environment?
Conversion strategy for new accounts receivable system : You are asked to recommend a conversion strategy for a new accounts receivable system. The system will be used only by the controller's office.

Reviews

Write a Review

Business Management Questions & Answers

  Does the justice system treat citizens in america equally

Does the justice system treat citizens in America equally? Why or why not?

  Australian and south asian business cultures

Briefly describe the major differences between Australian and South Asian business cultures.

  Importance of obtaining industry certifications

What is the importance of obtaining industry certifications, such as CompTIA's A+, along with your education in the computer science field?

  Limit our understanding of change

The Complex Nature of ChangeChange is now the only constantThe pace of change is accelerating Change is a ubiquitous term that repeatedly crops up in management

  How can changing your comfort zones

Describe a situation in which you felt out of your comfort zone. Why did this situation make you feel uncomfortable and what activities or situations are you currently avoiding because you feel out of place?

  Analyze the strategic choices of coke and pepsi

Analyze the strategic choices of Coke and Pepsi at the business, functional, corporate levels.

  Effective leadership and governance system

Approach this response as if you are an organizational development consultant who has been asked by the CEO to recommend the key elements

  Three main types of business organizations are partnerships

Illustrate what is the duration of the "life" of each of these organizations? If you were forming a business entity and had no intent to go public (sell stock on the stock exchanges), illustrate what form would you use and explain why?

  International business

Any international company utilising one of these technologies and discuss their journey in moving away from traditional business to more sustainable business.

  Interest groups have impacted our us democracy

What interest groups have impacted our US democracy and how?

  Devising a game plan

Find what you think are the two most important options for devising a game plan to become a critical thinker, and explain how you will try to implement them in your own life.

  Impact the decision making of international businesses

How will the increase in extreme weather events (like the recent polar vortex in Texas) impact the decision making of international businesses?

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