How much total interest will you earn

Assignment Help Financial Management
Reference no: EM131511646

You deposit $100 each month into an account earning 8% interest compounded monthly.

a) How much will you have in the account in 35 years?

b) How much total interest will you earn?

Reference no: EM131511646

Questions Cloud

Calculate the present value of cash flows : Calculate the present value of these cash flows using a 10 percent discount rate.
What is the? risk-free monthly lease rate : What is the? risk-free monthly lease rate for a 55?-year lease in a perfect? market?
Time to pay off the debt months : Joey realizes that he has charged too much on his credit card and has racked up $5,800 in debt. Time to pay off the debt months
According to the black-scholes option pricing model : According to the Black-Scholes option pricing model, what is the option's value?
How much total interest will you earn : You deposit $100 each month into an account earning 8% interest compounded monthly. How much total interest will you earn?
Assuming market is in equilibrium : Assuming the market is in equilibrium, what does the market believe will be the stock's price at the end of 3 years (i.e., what is )?
Fast-growing supplier of office products : Dozier Corporation is a fast-growing supplier of office products. What is the current value of operations for Dozier?
What is the net income and total assets : A fire has destroyed a large percentage of the financial records of a Company. What are the total assets? What is the net income?
Analyzes a company that has been indicted for fraud : The Portfolio Project for ACT450 is a research report that identifies and analyzes a company that has been indicted for fraud.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

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