How much of the retirement fund represents interest

Assignment Help Finance Basics
Reference no: EM132049227

How much will Sienna have in her retirement account in 20 years if her contribution is $9,100 per year and the annual return on the account is 7%? How much of the retirement fund represents interest and gains (in excess of contributions) earned?

Reference no: EM132049227

Questions Cloud

What is this firm wacc : The company's beta is 0.7, its tax rate is 40%, the risk-free rate is 2%, and the market risk premium is 4%. What is this firm's WACC?
What retirement plan should addison consider : What retirement plan should Addison consider if he works for a large private firm? What retirement plan should Addison consider if he works at a university?
What is the return on equity using the dupont equation : What is the return on equity (ROE) using the DuPont equation?
What ideas would you borrow from ciscos erp project : What were some problems in the implementation of the ERP system at Cisco, and how could they improve?
How much of the retirement fund represents interest : How much of the retirement fund represents interest and gains (in excess of contributions) earned?
Explain the purpose of stress test analysis : Explain the purpose of “stress test analysis”.
Annual payment of principal and interest : Mr. H issues a 20 year mortgage of $275,000 at an annual interest rate of 4.4% to buy a house.The mortgage payments are made annually.
Find the net profit margin for the firm : Total Liabilities and Shareholder Equity $133,679.50 Find the net profit margin for the firm for 2013?
Deciding on one of two career choices : John Jones is deciding on one of two career choices, before retiring in 40 years time.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd