Interest rate are you effectively earning on your investment

Assignment Help Business Economics

Reference no: EM13986206

You took an amazing class at the U that changed your life, so now you are going to invest for your retirement. Your tax bracket is 25% federal and 5% state. Your investment is in a federally and state tax free account that earns 11% each year, what interest rate are you effectively earning on your investment?

How much will you have effectively earned if you invest $4,000 each year for the next 35 years (please use the rate you got in question 2)?

Reference no: EM13986206

Questions Cloud

The electron transport chain : Can you explain where glycolysis, the electron transport chain and oxidative phosphorylation take place inside the cell?

What are your total acquisition costs of financing laptop : It’s time to get a new laptop that is $2500. If you finance it, you will be charged 8% annual interest and it will take you two years to pay it off, paying each month. (A)How much will you pay each month for this laptop? (B) What are your total acqui..

Some prokaryotic ancestor : Mitochondria certainly do show the markers of a being a cell within a cell. They have their own DNA and transcriptional machinery, they divide on their own, they have their own ribosomes, etc. However just because they have these things does not m..

Contrast customer loyalty and customer satisfaction : What does customer loyalty mean to you? Compare and contrast customer loyalty and customer satisfaction. Think back to your own personal experiences with customer loyalty. Explain one situation that really stands out. What makes you loyal to that com..

Interest rate are you effectively earning on your investment : You took an amazing class at the U that changed your life, so now you are going to invest for your retirement. Your tax bracket is 25% federal and 5% state. Your investment is in a federally and state tax free account that earns 11% each year, what i..

The sample electronically monitor their employees : What is the probability that 341 companies in the sample electronically monitor their employees?

Identify four uses for transgenic organisms : Identify four uses for transgenic organisms. The next group of questions are based on the following information: DNA template molecule is: 5 prime (5') end: A-G-C-T-A-T-C-T-A-C-G-A: 3 prime (3') end

Decided that in order to have a comfortable retirement : You have decided that in order to have a comfortable retirement you will need to replace $65,000in income each year in retirement. Assuming you will need 20 years of retirement income and an inflation rate of 3.5%, how much will you need to have save..

What is the main differences between red and white blood : What is the main differences between red and white blood cells and how can you tell them apart looking at them in a slide?

User Account

All Pages