User Account

All Pages

How long will the trust fund last

Assignment Help Accounting Basics
Reference no: EM133140519

Question - A trust fund with an initial balance of $34000 earns interest at 5.2% compounded semi-annually. If withdrawals of $1960 are made at the end of every three months, starting 6 years from now, how long will the trust fund last?

Reference no: EM133140519

Questions Cloud

Increasing business sector loan fees : Debentures likewise convey financing cost risk. In this danger situation, financial backers hold fixed-rate obligations during seasons of increasing business se
Conduct periodic audits of overseas factories : Also in the past, Apple hired independent auditors to conduct periodic audits of its overseas factories where components and assembly were often outsourced.
Are you satisfied with the way that you are using your time : Are you satisfied with the way that you are using your time? Are there any areas that seem to use up excessive amounts of time?
What will the goal accomplish : Increase productivity by 10% per year, to 240 by the end of our second year. According to above simulator goals ,provide the following questions answers.
How long will the trust fund last : If withdrawals of $1960 are made at the end of every three months, starting 6 years from now, how long will the trust fund last
Describe the nature of the influence upon the consumer : Reference groups influence consumers in three ways. Name and provide examples of these three ways and describe the nature of the influence upon the consumer
What can be adopted from case study : What can be adopted from this case study into every day sponsorship practice provide 3 items of advice
How much revenue, expenses and gross profit would recognized : Assume Trillium uses cost as the basis for recognizing the completion of the contract. How much revenue, expenses and gross profit would be recognized
Make own example of a swot analysis : Make own example of a SWOT Analysis. Be able to illustrate a company situation and analyze the same by enumerating its strength, weaknesses, opportunities and t

Reviews

Write a Review

Accounting Basics Questions & Answers

  Calculate each of the predetermined overhead rates

Global Measurement Solutions (GMS) specialises in manufacturing precision measuring. Calculate each of the predetermined overhead rates for the GMS departments.

  Determine how capital in excess of par should be creditefor

Jay and Kay were each issued 5,000 shares of the corporation's 1 peso par value common stock. capital in excess of par should be credited for?

  Compute a labor rate variance

Valley View Hospital has never used standard costs. Compute a labor rate variance and a labor efficiency variance

  Calculate the net profit margin for two years

Using the two publicly traded companies (American airlines and southwest airlines) - Calculate the net profit margin (profitability ratio) for two years

  Find what is the capital of the remaining partners

Tom retires and is paid $450,000 based on the terms of the original partnership agreement. If the bonus method is used, what is the capital of the remaining

  Perform a search online and locate a company

Perform a search online and locate a company that has multiple product lines and/or service lines

  Which is the existence assertion in balance sheet is at risk

Which is the existence assertion in the Balance sheet is at risk? A goods was capitalized in Balance sheet when settlement and delivery was pending

  What will a share of stock sell for today

Bluenotes Inc. just paid a dividend of $2.00 per share. If the required return on Holyrood stock is 17 percent, what will a share of stock sell for today

  You plan to have 1000000 in your retirement account when

a-you plan to have 1000000 in your retirement account when you retire in 40 years. assume an average annual rate of

  Record the payment of cash dividend declared on Dec

Record the payment of cash dividend declared on Dec. Record the purchase of 10,000 shares of its own common stock (i.e., treasury stock) for $15 per share

  Calculate Linda allowable itemized deductions for the year

Linda, who files as a single taxpayer, had AGI of $280,000 for 2019. Calculate Linda's allowable itemized deductions for the year

  What is the price elasticity that Company A should expect

If Company A's two competitors match the $2.40 price increase, what is the price elasticity that Company A should expect? Explain your reasoning.

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