How much will you have when you retire

Assignment Help Financial Accounting

Reference no: EM132813683

Question - You have just started a new job and plan to save $5,250 per year for 35 years until you retire. How much will you have when you retire if you earn an annual interest rate of 9.47 percent?

A. $1,146,392.60

B. $1,203,299.29

C. $1,205,414.42

D. $1,216,750.60

E. $1,260,205.98

Reference no: EM132813683

Questions Cloud

What hiring managers do to create a welcoming environment : Explain what hiring managers do to create a welcoming environment for military veterans? Evaluate what attributes of military veterans would lead to success in.

What interest rate is the bank required by law : What interest rate is the bank required by law to report to potential borrowers? Explain why this rate is misleading to an uninformed borrower

What is the firms accounts receivables turnover : Flying tigers, inc., has net sales of $758,000 and accounts receivables of $154,000. What is the firms accounts receivables turnover?

Compare advantages of act-utilitarianism and virtue ethics : Give the money to your little sister to buy books for college. Which would you do? Why? Explain which moral theory aligns with your decision-making process.

How much will you have when you retire : You have just started a new job and plan to save $5,250 per year for 35 years until you retire. How much will you have when you retire

Relationship between the global factory and the global farm : What is the relationship between the global factory and the global farm? Are women workers in the Chilean grape sector experiencing in situ displacement.

Compute the firm price-earnings ratio up : Reagan Corp. has reported a net income of $835,900 for the year. The company's share price is $13.86, and the company has 302,620 shares outstanding.

Prepare journal entries to record the august events : Incurred and paid miscellaneous selling and administrative expenses, $13,400. Prepare journal entries to record the August events

What steps should you take while making a purchase : What steps should you take prior to making a purchase?What steps should you make after you make a purchase?

User Account

All Pages