How much should you deposit in account earning

Assignment Help Financial Management

Reference no: EM131611650

You just inherited $12,000. While you plan to squander some of it away, how much should you deposit in an account earning 3% interest per year if you'd like to have $20,000 in the account in 20 years?

Reference no: EM131611650

Questions Cloud

Global sources of conflict : Considering "Global Sources of Conflict" as the topic of this module, speculate on a conflict that might arise from an international team of technicians.

Calculate the basic and diluted eps for kaska ltd : Calculate the basic and diluted EPS for Kaska Ltd. List and briefly describe the minimum note disclosure required by Kaska Ltd.

Create an organized resource portfolio : Create an organized resource portfolio with a minimum of five resources aligned to your desired profession in health science.

Collaboration systems at isuzu australia limited : Read the case study in Chapter 12 of the Bidgoli textbook titled "Collaboration Systems at Isuzu Australia Limited".

How much should you deposit in account earning : how much should you deposit in an account earning 3% interest per year if you'd like to have $20,000 in the account in 20 years?

Research how you could create programs and policies : Create a proposal for Congress that compares and evaluates national and global healthcare systems and policies.

Invested one-time amount of stock-based mutual fund : You have just invested a one-time amount of $6,000 in a stock-based mutual fund. How much will your investment be worth in 23 years?

Classify the given pairs of goods and services : Classify the following pairs of goods and services as substitutes in production, complements in production, or neither.

Determine a present value index for each proposal : Assuming that the desired rate of return is 15%, prepare a net present value analysis for each proposal. Determine a present value index for each proposal

User Account

All Pages