User Account

All Pages

How much extra money will need to put in monthly

Assignment Help Financial Accounting
Reference no: EM132480827

Question 1: At age 75 I need to have 757,809.93 to retire with. Starting at age 25 put in 20,000 and it had a 4% interest rate. How much extra money will need to put in monthly to be able to reach that amount by age 75?

Point 1: Additional info not sure if needed: starting at age 75 and ending at age 100 will have received 1,200,000 (being penniless after) from receiving 4,000 a month for 25 years during retirement.

Reference no: EM132480827

Questions Cloud

Ddetermine how heartstrings gift shoppe sells an assortment : Determine how Heartstrings Gift Shoppe sells an assortment of gifts for any occasion. During October, Heartstrings started a Gift-of-the-Month program.
Identifying normal balance as a debit or credit : Identifying normal balance as a debit or credit, Indicate whether the normal balance of each of the following accounts is a debit or a credit
How much will he have at the end of the year : He leaves the money and all accrued interest in the account for 7 years. Determine How much will he have at the end of the 7 years?
Identify the account as an asset : Identify the account as an asset, liability, or equity by entering the letter of the account type beside the account name. If the item is an equity account
How much extra money will need to put in monthly : Starting at age 25 put in 20,000 and it had a 4% interest rate. How much extra money will need to put in monthly to be able to reach that amount by age 75?
What are the adr for each employee : If the plan does not satisfy the ADP test, how can you use refunds or re-characterizations instead of QNECs to satisfy the ADP test?
Prepare the statement of cash flows for the year : Prepare the statement of cash flows for the year 2015, Reconcile net income and net cash flows from operating activities for the year 2015.
Prepare the year-end adjusting entries to reflect expiration : Prepare the year-end adjusting entries to reflect expiration of the insurance and correctly report the balance of the Supplies account
Prepare the net cash flow from operating activities section : Operations for the year ended December 31, 2014. Prepare the net cash flow from operating activities section of the cash flow statement using the direct method

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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