How much will marsha have at the end of given years

Reference no: EM131994898

Question: Marsha is 25 years old and is starting an investment program. Her first annual contribution to her investment fund will be today and will be $1,000. She is committed to increasing her contribution by 3% every year and she thinks she can earn 8% annually. If she makes a total of 40 payments, how much will she have at the end of 40 years?

Reference no: EM131994898

Questions Cloud

What will be the change in the firm total monthly profits : If the interest rate is 1% per month, what will be the change in the firm's total monthly profits on a present value basis if credit is offered to all customers

What is the current value per share at a given discount rate : Martin's Yachts is expected to pay annual dividends of $1.40, $1.75, and $2.00 a share over the next three years, respectively. After that, the dividend.

Calculate bank of america gap : Calculate Bank of America gap. By how much will the bank’s profits change if interest rates increase by 2%? Will profits increase or decrease?

Research the differing perspectives on his statement : Do you agree or disagree with his statement and why? Research the differing perspectives on his statement and present your position in your initial post.

How much will marsha have at the end of given years : Marsha is 25 years old and is starting an investment program. Her first annual contribution to her investment fund will be today and will be $1,000.

Sell at split-off or process further decision-alternatives : Betram Chemicals Company processes a number of chemical compounds used in producing industrial cleaning products.

Description of the new types of knowledge the hb company : Identification of the core components of the HB Company's current POS system and the additional hardware, software, and networking elements .

What is marko willing to pay today to buy abc co : Marko, Inc. is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,000, $11,000, and $17,200 over the next three years

Compute the value of share of common stock : Compute the value of share of common stock of a company whose most recent dividend was $1.50 and is expected to grow at 8 percent per year for the next 2 year

User Account

All Pages