Compounded annually to accumulate amount

Assignment Help Business Management
Reference no: EM131633465

You need $24,388 for a trip in 6 years. How much do you have to put in a savings account today that earns 5.13% compounded annually to accumulate this amount?

Must use formulas and not financial calculator

Reference no: EM131633465

Questions Cloud

Discuss major principles of cpted : Major principles of CPTED and Examples of CPTED applications in at least three different industries
One-period npv problem : Chris happens to have $400,000 currently in his bank account. Should Chris invest in the Picasso? Why or why not?
Coordinate care without raising fixed costs : Discuss what you believe Benner means by "the dialogue in soul care." How could virtual integration be used to coordinate care without raising fixed costs?
Prepare the necessary journal entries to record transaction : Required: Prepare the necessary journal entries to record the transactions listed above in the records of the General Fund
Compounded annually to accumulate amount : You need $24,388 for a trip in 6 years. How much do you have to put in a savings account today that earns 5.13% compounded annually to accumulate this amount?
Identify things that organizations can do to make it easier : Resistance to Technology Change- For each source, identify things that organizations can do to make it easier for people to accept technological change.
Violating the law by imposing a no compete agreement : Is AutoDoc violating the law by imposing a no compete agreement? What would constitute an unnecessarily broad no compete agreement?
Record the correcting entry for the equipment capitalization : The company estimated an eight-year useful life for the equipment. Record the correcting entry for the equipment capitalization error discovered in 2016
What is the change in net working capital : a) What is owners equity for 2015 and 2016? b) What is the change in net working capital for 2016?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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