Evaluate how much do you have to save each month

Assignment Help Financial Management

Reference no: EM132054462

You want to be a millionaire when you retire in 40 years. How much do you have to save each month if you can earn an annual return of 11.9 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Savings per month $

How much do you have to save each month if you wait 15 years before you begin your deposits? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Savings per month $

How much do you have to save each month if you wait 25 years before you begin your deposits? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Savings per month $

Reference no: EM132054462

Questions Cloud

Elsa symptoms is not typical of anemia in infants : She has dropped from the 50th percentile in height and weight (at her last check-up) to the 10th percentile in both height and weight.

Is norway swf back in as an investor in wal-mart : What are the ethical and economic mandates of the Norwegian Fund? Was the sale of Wal-Mart stock consistent with these ethical and economic mandates?

What do anthropologists do : What do Anthropologists do? (all I need is a short answer for my Anthropology class.)

Evaluate two of the hypotheses : Evaluate two of the following hypotheses. Is it or is it not a good scientific hypothesis?

Evaluate how much do you have to save each month : You want to be a millionaire when you retire in 40 years. How much do you have to save each month if you can earn an annual return of 11.9 percent?

Importance of handwashing and increase handwashing : Describe how you would educate personnel about the importance of handwashing and increase handwashing compliance amongst the staff?

What will be its optimal cash replenishment level : Watkins Resources faces a smooth annual demand for cash of $1.61 million, incurs transaction costs of $74 every time the firm sells.

Possible diagnosis of infection with methicillin : Which patient would be placed in isolation awaiting possible diagnosis of infection with methicillin- resistant staphylococcus aureus (MRSA)

What are the different telescoped used in astronomy : What are the different telescoped used in astronomy, what are their scopes, functionality, limitations and how did they change your understanding

User Account

All Pages