User Account

All Pages

How much money have you accumulated for your retirement

Assignment Help Accounting Basics
Reference no: EM133101261

Question - You have accumulated some money for your retirement. You are going to withdraw $72,345 every year at the end of the year for the next 29 years. How much money have you accumulated for your retirement? Your account pays you 11.19 percent per year, compounded annually. To answer this question, you have to find the present value of these cash flows. Round the answer to two decimal places.

Reference no: EM133101261

Questions Cloud

What are the cash flows of the project in years : If the firm uses straight-line depreciation over a 6-year life, what are the cash flows of the project in years 0 to 6
Government assistance initiatives : In California, Identify and prepare documentation necessary for government assistance initiatives.
What is the present value of the annuity : What is the present value of the annuity - $2,745 every year at the end of the year for the next 9 years, discounted back to the present at 11.83 percent
Find two levels of strategy : Explain how each of these two levels of strategy (Business-Level Strategy and Corporate-Level Strategy.) would affect the company's structure and culture.
How much money have you accumulated for your retirement : You are going to withdraw $72,345 every year at the end of the year for the next 29 years. How much money have you accumulated for your retirement
Implement and evaluate mental health nursing care : Implement and evaluate mental health nursing care. The nursing process in mental health is a sequence of problem-solving steps used to identify and plan
Influence of terrorism on long-term strategy : Managers at your firm are very concerned about the influence of terrorism on its long-term strategy. To counter this issue, the CEO has indicated you must ident
How many primary shares are proposed to be issued in the ipo : Existing PE investors wish to exit the company partially to the extent of 50% of their current holdings. How many primary shares are proposed to be issued
Application-erp systems : Enterprise Resource Planning (ERP) systems are used by companies to unify information from every functional area of the business into an integrated system.

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