User Account

All Pages

How many payments will bud lime receive

Assignment Help Accounting Basics
Reference no: EM131714902

Question - Bud Lime has $368,882 accumulated in a 401K plan. The fund is earning a low, but safe, 3% per year. Bud Lime plans to take annual withdrawals starting today. Assuming each withdrawal is for $30,000; how many payments will Bud Lime receive before the fund is depleted?

a. 15

b. 16

c. 14

d. 12.3

Reference no: EM131714902

Questions Cloud

Write a paper about us foreign military aid to israel : Write a paper about US foreign military aid to Israel. Military power and foreign policy inaction: Israel, 1967?1973 by Moshe Gat.
How much must tecate deposit now to accomplish their goal : Tecate would like the account to have a balance of $50,000 five years from now. How much must Tecate deposit now to accomplish their goal
Impasse in personal-organizational learning : What is our personal abyss, and according to Haldeman, what are we afraid of?
Compare the cost of goods sold under the two method : Compare the Cost of Goods Sold under the two method. Prepare the inventory table under the LIFO method
How many payments will bud lime receive : Assuming each withdrawal is for $30,000; how many payments will Bud Lime receive before the fund is depleted
Estimate the percentage of households with guns : Is it a one-stage or two-stage cluster sample? How would you estimate the percentage of households with guns and the standard error of your estimate?
What is the value of the company''s inventory at year end : What is the value of the company's inventory at year end, What income statement format does the company use
Conflict management and dysfunctional teams : A group of staff had expressed concerns about morale issues in the unit during an in house operational review exercise.
Do you think the bank currently offers adequate sales : Should Jim have been satisfied with his raise since this was the maximum raise the system allowed and Do you think the bank currently offers adequate sales

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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