Get the same performance in the future

Assignment Help Business Economics
Reference no: EM13158920

A smart engineer started saving for her retirement 10 years ago. She saved $12,000 each year through the present time. If she has invested in a stock fund that averaged a 15% rate of return over that period, and she expects to make the same annual investment and get the same performance in the future, how long will it be before she had $1,200,000 in her retirment fund?(F/P, P/F, A/P, etc..)

Reference no: EM13158920

Questions Cloud

Budget for unforeseen changes and improvements : How may financial managers budget for unforeseen changes and improvemeHow may financial managers budget for unforeseen changes and improvements in information technology that require large capital outlays?
Why the rules are important in formulating strong arguments : Select two of the rules that either you or one of your associates have broken in the past. Illustrate an example of an incorrect and a correct use of each of these two rules. Discuss why the rules are important in formulating strong arguments.
What heart sounds occurs at the beginning of systole : What heart sounds occurs at the beginning of systole and disastole and what valves create the sounds? Describe, in both, the ventricular pressure change, direction of the blood flow, and valve opening/closings.
Maze program : Maze program. In this assignment you will represent a maze with a binary tree. . The starting point is node N and the ending point is node Z.
Get the same performance in the future : If she has invested in a stock fund that averaged a 15% rate of return over that period, and she expects to make the same annual investment and get the same performance in the future.
Explain what we mean by the cardiac cycle : Explain the difference between the systemic circulation and pulmonary circulation. Define diastole and systole. Explain what we mean by the 'cardiac cycle'.
Amount of active ingredient in a pill : Since you want to protect against this (and most likely lawyers), you are asked to determine the "target" for the mean amount of active ingredient in each pill such that the probability of a pill containing over 6 mg. is 0.0035 ( 0.35% ). You may ..
What appears to be the major constraint : What appears to be the major constraint that the central banks used to determine the limits of the monetary injections into the economy?
What is the mode of genetic action of the gene : A dominant gene V in humans causes certain areas of the skin to become depigmented, a condition called "vitiligo." Albinism is the complete lack of pigment production and is produced by the recessive genotype aa.

Reviews

Write a Review

Business Economics Questions & Answers

  Discuss possible indifference curve which could correspond

Graph the budget constraints facing each of the three families and discuss a possible indifference curve which could correspond to the choice each family makes.

  Financial writer andrew tobias described an incident

The financial writer Andrew Tobias described an incident that occurred when he was a student at the Harvard Business School

  Explain how does the price elasticity of demand for corn oil

Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil.

  Demand for labour is elastic

if the demand for labor is elastic because the demand for labor will decrease more when you have elastic demand than if demand were inelastic.

  Why might this decision be against its own best interests

Suppose that the tax of $28 is levied on each item sold by a monopolist, and as a result, it decides to raise its price by exactly $28. Why might this decision be against its own best interests?

  Explain level of disposable income

Advanced analysis) Answer the next question(s) on the basis of the following consumption schedule: C = 20 + .9Y, where C is consumption and Y is disposable income. REfer to this data. At an $800 level of disposable income, the level of savings is:

  Explain natural rate hypothesis are all related

Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.

  Compute demand of price elasticity

Compute demand of price elasticity of for natural gas sold to the US.

  What problem is that the professors also want to attend

The problem is that the professors also want to attend the party and enjoy the music with the students but they can only attend if they agree to serve beer to the students. Normally, professors do not like this. The marginal cost to them is 200.

  Why do most negotiations for globl environmental regimes end

What are the advantages and disadvantages to a two-stage approach to negotians? Why do most negotiations for globl environmental regimes end up taking a two-stage approach?

  Appraise the role of modern government

Explicate why the PPF before the war is different from the PPF after the war. Explain how you appraise the role of modern government.

  Illustrate was the present value these future profits

A firm will have constant profits of $100,000 per year for the next four years and the interest rate is six percent. Assuming these profits are realized at the end of each year, what is the present value these future profits?

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