User Account

All Pages

Cover the cost of child college education

Assignment Help Finance Basics
Reference no: EM132494460

Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. You presently have $59,000 to invest.

What annual rate of interest must you earn on your investment to cover the cost of your child's college education?

Reference no: EM132494460

Questions Cloud

What is the stock correlation with the market : A stock has an expected return of 8% and volatility of 30%. The CAPM model holds. What is the stock's correlation with the market?
Explain statement with regard to the role of cost of capital : Explain statement with regards to the role of cost of capital in financial management decisions. By applying capital to investments with long-term benefit
In what areas is improvement needed in the community : What differences are apparent between the data that were gathered and the data that were generated? In what areas is improvement needed in this community?
Find what is the estimated cost of common equity : If Shi has a target capital structure of 30% debt, 5% preferred stock, and 65% common stock, what is its WACC? Round your answer to two decimal places.
Cover the cost of child college education : What annual rate of interest must you earn on your investment to cover the cost of your child's college education?
What is the depreciation charge for the year : What is the depreciation charge for the year? The table shows information relating to a company's fixed assets. Depreciation is 25% per annum on the reducing
What is the current ratio-quick ratio : SDJ, Inc., has net working capital of $3,020, current liabilities of $4,130, and inventory of $3,780.
Find which alternative should they take : Center earns 14% on its investments, and it expects Mr. Richman to live for 12 years, which alternative should they take? Take the gift now or later?
Net income for firm-griffin goat farm : Griffin's Goat Farm, Inc., has sales of $681,000, costs of $343,000, depreciation expense of $87,000, interest expense of $53,500, and a tax rate of 24 percent.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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