Compute how much money will have in ten years

Assignment Help Financial Accounting
Reference no: EM132575603

Question 1: Use the Savings Calculator at Bankrate.com to compute how much money you will have in 10 years at a 4.5% interest rate compounded monthly if your initial deposit is $2000 and your monthly deposit is $200.

Reference no: EM132575603

Questions Cloud

Identify one example of a business function : Based on your experiences, identify one (1) example of a business function / operation. Explain the business function
How long will take to save interest rate compounded monthly : How long it will take you to save $250,000 at a 5% interest rate compounded monthly if the initial balance is $5,000 with a monthly deposit of $200.
Discuss the five types of hepatitis in terms of etiology : Discuss the five types of Hepatitis in terms of etiology, symptoms, treatment and prevention. Discuss is the difference between the etiology and symptoms.
Computer crimes-computers as targets : Search and review a case of cyberstalking using ITT Tech Virtual Library and do the following:
Compute how much money will have in ten years : Compute how much money you will have in 10 years at a 4.5% interest rate compounded monthly if your initial deposit is $2000 and your monthly deposit
Define mechanisms that explain natural resistance to change : What are the mechanisms (biological, sociological, ecological, etc.) that explain the natural resistance to change? Explain one way to overcome resistance.
Utilizing business analytics effectively and efficiently : In today's business environment, organizations face many challenges utilizing Business Analytics effectively and efficiently.
Various forms of visual entertainment media : In what ways have various forms of visual entertainment media shaped American culture and its values?
Indicate what would appear on the income statement : Indicate What would appear on the income statement, the statement of changes in equity or balance sheet of Tressa Mortola Skincare.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Find which home do recommend sell

She needs cash for an investment opportunity. If she expects a maximum gain if $20,000 on either home, which home do you recommend she sell ?

  Compute the margin of safety in dollars and as a ratio

In the month of June, Jose Hebert's Beauty Salon gave 3,400 haircuts, shampoos, and permanents at an average price of $30. During the month, fixed costs were $19,000 and variable costs were 60% of sales. Compute the margin of safety in dollars and as..

  Subscription revenue for the amounts received

a. Tao Co. receives $10,000 cash in advance for 4 months of legal services on October 1, 2013, and records it by debiting Cash and crediting Unearned Revenue both for $10,000.

  What are the money markets and what are the capital markets

What are the money markets and what are the capital markets? How do they differ? What are their respective activities? Justify your answer.

  About the tax return

Roberta Rhodes is single and was age 65 in 2014. she is claimed as a dependent by her son. in 2014, her only income was $1001 from a bank account. Does Roberta have to file a 2014 tax return?

  Illustrate what issues should sam and marcie address

Sam will continue to manage the business. He is not willing to own less than 50% of whatever arrangement they arrive at. Illustrate what issues should Sam and Marcie address and document before finalzing their venture?

  Section of code apply to transaction-consequences to Brian

Carrot Corp, Inc. owns and operates a carrot farm. Shawn formed Carrot Corp by contributing farmland with an adjusted basis of $95,000 in exchange for 100 shares of stock in 1980. Shawn owns the only stock in Carrot Corp. In answering the above quest..

  Prepare journal entries for each of the transactions

Prepare journal entries for each of the transactions for 2020. Ottawa Enterprises Ltd. reported the following Shareholder's Equity balances at December

  Change in net operating working capital

The change in net operating working capital during the year was $73 million. WWC's free cash flow for the year was $190 million.

  Was the company able to generate value for shareholders

Do you think the IPO was a success based on your analysis? What economic and market factors potentially influenced the results of the IPO?

  What pattern of return on equity is implied

net profit margins and working capital to sales ratios stay constant." What pattern of return on equity is implied by these assumptions? Is this reasonable?

  What is the amount of capital in excess of par

What is the amount of capital in excess of par? What was the amount of retained earnings at the beginning of the year? How many shares are in treasury stock?

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