How much additional money must you set aside each year

Assignment Help Business Management

Reference no: EM1379819

Q. You want $100,000 after eight years in order to start a business. Currently you have $26,000, which may be invested to earn 7 percent annually. How much additional money must you set aside each year if se funds also earn 7 percent in order to meet your goal of $100,000 at end of eight years? By how much would your answer differ if you invested additional funds at beginning of each year instead of at end of each year?

Reference no: EM1379819

Questions Cloud

What is optimal decision according to emv criterion : However, in three months, county residents are scheduled to vote on a referendum to allow liquor to be sold by drink. What is optimal decision according to EMV criterion.

Determine order quantity also determine reorder point : This is my homework problem for Operations also Supply Chain Management this week; can you please help me figure out how to calculate this.

What is best argument for each party : John n filed suit, demanding additional monies. Peter claimed that parties had made an accord also satisfaction. What is best argument for each party.

Discussion on good and bad website : Discover a good website and discuss what makes this site good in bulleted format and provide details for each item.

How much additional money must you set aside each year : How much additional money must you set aside each year if se funds also earn 7 percent in order to meet your goal of $100,000 at end of eight years. By how much would your answer differ if you invested additional funds at beginning of each year in..

Operations and information systems : Assessment : - Operations and Information Systems, critically analyse the theory, concepts and models of operations and information management; Demonstrate an understanding of the importance of information management in international operations;

Which of methods of procurement are suitable : Which of methods of procurement are suitable. Rational decision-making requires firm to engage in two types of analysis.

Routers in ospf : Using a simulator the boson simulator need to create a four router topology. Using any interfaces of my choice. I am given 24 networks

Who did not know that delilah was acting on anyone behalf : who did not know that Delilah was acting on anyone's behalf. For which contracts, if any, are you liable. For which contracts, if any, is Delilah liable.

User Account

All Pages