Investments have an average annual return

Assignment Help Financial Management

Reference no: EM131446028

Stacey would like to have? $1 million available to her at retirement. Her investments have an average annual return of 12?%. If she makes contributions of ?$180 per? month, will she reach her goal when she retires in 26 ?years?

The amount Stacy has after 26 years would be?

Reference no: EM131446028

Questions Cloud

Describe the digidoc3 algorithm : 1. Describe the DigiDoc3 algorithm? 2. Describe an approach to digital signatures besides Estonia's?

Worthwhile investment : The yearly cash flows of an investment are −1,000, −1,200, 800, 900, 800. Is this a worthwhile investment for someone who can both borrow and save money at the yearly interest rate of 6%?

Differences between a backgrounder and a position paper : Write a news release on a current WOU campus event - Discuss in detail the similarities and differences between a backgrounder and a position paper.

Based on the underlying logic : Customers 1 and 2 have been with a company for 12 months. Customer 1 has made 4 purchases and customer 2 has made 2 purchases. Each customer’s last purchase was at the end of month 8. Which customer is most likely to still be active (give the probabi..

Investments have an average annual return : Stacey would like to have? $1 million available to her at retirement. Her investments have an average annual return of 12?%. If she makes contributions of ?$180 per? month, will she reach her goal when she retires in 26 ?years? The amount Stacy has a..

Wider the probability distribution of expected future return : The wider the probability distribution of expected future returns, the smaller the risk of a given investment as measured by the standard deviation. A tighter probability distribution is consistent with an investment with low risk.

Cash withdrawal from an automated teller machine : Construct a list of steps for making a cash withdrawal from an automated teller machine (ATM). Assume that the process begins at the ATM with your bank card in hand. Then identify the potential failure points (ie., where problems might arise in the p..

Describe the offline marketing methods : Describe your case study business, including the product or service that it is selling online. Product is shoes-online retail, can be hypothetical or an existing company.

What is vision in your work environment : What is vision in your work environment and how does one foster a shared vision in this kind of environment? What signals (verbal and non verbal) do individuals send to leaders to communicate that they are inspired? What metaphors/visual pictures are..

User Account

All Pages