Calculate how much your accumulated investment

Assignment Help Accounting Basics
Reference no: EM133019760

Question - You would like to start saving for retirement. Assuming you are now 25 years old and you want to retire at age 55, you have 30 years to watch your investment grow. You decide to invest in the stock market, which has earned about 13% per year over the past 80 years and is expected to continue at this rate. You decide to invest $2,000 at the end of each year for the next 30 years.

Required - Calculate how much your accumulated investment is expected to be in 30 years.

Reference no: EM133019760

Questions Cloud

Identify and articulate the case for a digital strategy : Identify and articulate the case for a Digital Strategy at Chanel (based upon the data do you as a group of consultants agree or disagree)
What was his annual rate of return on this painting : During 2019, an auction house sold a painting, at auction for a price of $1,170,000. What was his annual rate of return on this painting
Calculate the present value of the two options : The first option is to accept a $125,000 cash payment today. Calculate the present value of the two options. Which option should Charles choose
Discuss similarities and differences between your response : Describe how well the website you have chosen for your evaluation essay meets your expectations/criteria.
Calculate how much your accumulated investment : You decide to invest $2,000 at the end of each year for the next 30 years. Calculate how much your accumulated investment is expected
Analyze csr efforts and strategy : Pick any Canadian company and analyze their CSR efforts and strategy. Use google or select a company that you know well. Connect it to concepts that we have dis
What is the npv of the purchase : If we require a 8% pa return after tax, what is the NPV of the purchase? Assume that tax is paid in the year after the year of income
What is the price : If the dividend is expected to grow at 3% per year and the required return is 22%, what is the price
What is the capital expenditure : Lynda Inc purchased a piece of equipment with a purchase price of $30,000. Additional costs include transportation costs $400, What is the capital expenditure

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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