Develop simulation model to predict

Assignment Help Operation Management

Reference no: EM131783322

Adam is 24 years old and has a 401(k) plan through his employer. His company maches 50% of his contributions up to 6% of his salary. He currently contriubtes the maximum amount he can. In his 401(k), he has three funds. Invesntment A is a large-cap index fund, which has had an average annual growth over the past 10 years of 6.63% with a standard deviatiob of 13.46%. Investment B is a mid-cap index fund with a 10-year average annual growth of 9.89% and standard deviation of 15.28%. Finally, Investment C is a small-cap Index fund with a 10-year average annual growth of 8.55% and a standrad deviation of 16.90%. 50% of his contribution id directed to Invesment A, 25% to Investment B and 25% to Investment C. His current salary is $48,000 and based on a compensation survey of finacial survey institutions, he expects an average raise of 2.7% with a standard deviation of 0.4% each year. Develop a simulation model to predict how much he will have available at age 60.

Reference no: EM131783322

Questions Cloud

Consider three potential users of computer services : Consider three potential users of computer services the CIA, Devry Institute of Technology, and Roto Rooter, a large plumbing company.

Prove that the influence coefficients of the junction : Prove that the influence coefficients of the junction in a direction making an angle 8 with any spring is independent of 8 and equal to 1/1.5k.

Explain the following statement : Explain the following statement: If Starbucks benefit driver really was its coffee, it probably wouldn't have been as successful for as long as it has.

Discuss accounting valuation basis for consolidating assets : What is the accounting valuation basis for consolidating assets and liabilities in the business combination

Develop simulation model to predict : Adam is 24 years old and has a 401(k) plan through his employer. Develop a simulation model to predict how much he will have available at age 60.

Should you increase your production : The question is: Your firm is considering increasing production by 1000 units. This change will make your price fall to $3 a unit. These additional units

Entire store meaning that she has responsibility for store : the entire store meaning that she has responsibility for the store itself and for each of the departments in the store

Determine the amount of interest expense that will reported : Determine the amount of interest expense that will be reported on the income statements for 2016 and 2017.

Wage on a person labour supply decision : Describe, in words and using graphs, the impact of a change of hourly wage on a person's labour supply decision, regarding both hours of work.

User Account

All Pages