How much will she accumulate in the fund

Assignment Help Accounting Basics
Reference no: EM13506049

Becky wants to invest $3,200 in a money market fund at the end of each year for three years in order to save money to go to college. If the prevailing rate of interest is 11% how much will she accumulate in the fund at the end of the three year period.

Reference no: EM13506049

Questions Cloud

Explain what are the concentrations of each of them : If the alkalinity of the spring water is due only to the presence of carbonate and bicrabonate, what are the concentrations of each of them
Find the horizontal component of acceleration of the wedge : A wedge with mass rests on a frictionless horizontal table top. A block with mass is placed on the wedge, find the horizontal component of the acceleration of the wedge
Stand on the bottom of the pyramid opportunities : Where do you stand on the "Bottom of the Pyramid" opportunities? Do you agree with Prahalad and Hart? Or are you more inclined to agree with Karnani?
How many can be produced to maximize profit : What model should be produced and how many can be produced to maximize profit?
How much will she accumulate in the fund : Becky wants to invest $3,200 in a money market fund at the end of each year for three years in order to save money to go to college. If the prevailing rate of interest is 11% how much will she accumulate in the fund at the end of the three year pe..
Who is the president and ceo : Although the founder of the company, who is the president and CEO, is a great artisan, she has very limited knowledge of accounting.
Occupational safety and health administration : Describe the purpose of the Occupational Safety and Health Administration (OSHA). In addition, discuss the difficulties involved with bringing an OSHA case up for criminal charges
What other groups also experience marginality : Marginality describes the status of living in two distinct cultures simultaneously. How can some Jewish Americans experience marginality? Provide one specific example. What other groups also experience marginality?
Determine the profit : Webster Training Service (WTS) provides instruction on the use of computer software for the employess of its corporate clients. It offers courses In the client's offices on the client's equipment.

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.

  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!

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