How long will it take to reach your goal

Assignment Help Financial Management
Reference no: EM132035304

Question

Upon graduating from college, you make an annual salary of $96,981. You set a goal to double it in the future.

If your salary increases at an average annual rate of 6.01 percent, how long will it take to reach your goal?

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132035304

Questions Cloud

Determine the breakeven ebit : The firm restructures itself by issuing 200 new par bonds with face value $1,000 and 8% coupon. The firm uses the proceeds to repurchase outstanding stock.
How much equity financing is required for next year : If all assets, short-term liabilities, and costs vary directly with sales, how much additional equity financing is required for next year?
Various means of communicating a message : Advertising is a way of presenting a product to a potential customer. There are various means of communicating a message.
What is the value of a swot analysis : What is the value of a SWOT analysis? Describe any impacts a company can experience as a result of not conducting a thorough SWOT analysis.
How long will it take to reach your goal : If your salary increases at an average annual rate of 6.01 percent, how long will it take to reach your goal?
Best quality meats in its burgers : ?Darby's Burgers Ltd. uses the best quality meats in its burgers. However, this fact is not being marketed well to its potential consumers
Is the project worth investing in australia : The risk-adjusted cost of capital for a similar U.S. project is 10% and the current spot exchange rate is 1.25AUD per $1.
How would you explain working capital management : How would you explain working capital management to them, and what specific recommendations would you make to that company?
What do you expect your annual salary to be in ten years : What do you expect your annual salary to be in ten years if you earn annual raises of 3.8%?

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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