User Account

All Pages

Calculate future value of retirement account thirty years

Assignment Help Financial Accounting
Reference no: EM133000919

Problem 1: Suppose you put $1,200 per month into a Roth IRA, that pays 8% APR (compounded monthly). Assume you have nothing saved today, calculate the future value of the retirement account 30 years from today. (Enter a positive value and round to 2 decimals)

Reference no: EM133000919

Questions Cloud

Determine the economic order quantity : Ordering cost is $85 per order and carrying cost is 25% of the unit cost which is $18. Determine the economic order quantity
What is the present value of sam lottery winnings : Sam will receive his first payment today. If the interest rate is 8%, what is the present value of his lottery winnings? (Enter a positive value)
Which of two bonds first the highest current yield : Linda needs to have $50,000 in eight year, how much would she have to invest today, if she earns 10 percent annually on her money?
What is the quoted annual yield-to-maturity : The current market price for the bonds is $1,091. The bonds may be called in 5 years for 116.0% of par. What is the quoted annual yield-to-maturity
Calculate future value of retirement account thirty years : Suppose you put $1,200 per month into a Roth IRA, Calculate the future value of the retirement account 30 years from today.
What is the accumulated depreciation balance : The company will use the double declining-balance depreciation method. What is the accumulated depreciation balance as of December 31, 2020
How do calculate the present value today of the annuity : The last payment will be made at the end of year 7. Assuming a required rate of return of 9%, calculate the present value today of her annuity.
Calculate the annual payment fabozzi must make to account : Calculate the annual payment the Fabozzi's must make to the account so that their daughter will be completely supported through four years of college.
How much should you set aside now to cover payments : Suppose you plan to send your son to college in three years. You expect her to earn two-thirds of her tuition payment in scholarship money

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find how much sick leave expense s ltd should report

Find How much sick leave expense S Ltd should report in the income statement for the year ended 31 December 20X1? Show the calculations.

  Compute depreciation on the house

To compute depreciation on the house, the Vances had allocated $15,000 of the property's basis to the land on which the house is located.

  What should be the price of option

An option on the stock has a strike price of $630 and expires in 0.4 years. What should be the price (premium) of option if it is a European call option

  Gangwer corporation produces a single product

Gangwer Corporation produces a single product and has the cost structure:

  How the total profit can be calculated as

How the Total profit can be calculated as Price and average total cost added together and then multiplied by the quantity sold.Average total cost multiplied

  Calculate the bad debt expense at july

Calculate the net receivable balance that would be reported in the Statement of Financial Position as at July 31, 2020. Calculate the bad debt expense at July

  Financing activity

Which of the following is a financing activity?

  What are total costs of almond cookies

What are total costs of almond cookies including $2150 if it is processed further? Joint product costs are allocated using net realizable value method.

  Which messages is most likely to be part of phishing scheme

Which messages is most likely to be part of a phishing scheme? Are your investments getting the best returns? We have the perfect solution for you.

  What amount should regal report as unearned revenue

In its December 31, year 2 balance sheet, what amount should Regal report as unearned revenue?

  What is the expected dividend to be paid

Dividend of 6.16 in year 2 and then increase the dividend at a rate of 2 percent per annum in years 3 to 6. What is the expected dividend to be paid in year 4?

  Evaluate the total cost charged to case

Evaluate the total cost charged to Case 618-3? Show computations by department and in total for the case.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd