Opened an investment account

Assignment Help Finance Basics

Reference no: EM13853018

Two years ago, you opened an investment account and deposited $21,000. One year ago, you added another $3,600 to the account. Today, you are making a final deposit of $15,500. How much will you have in this account 3 years from today if you earn a 15.60 percent rate of return?

Reference no: EM13853018

Questions Cloud

What dilemma does the sales representative face : What dilemma does the sales representative face - who are the potential stakeholders and how might they be affected by the decision of the sales representative?

Analyze trends at lehman over time : Three other financial institutions, and three other prominent companies. Analyze trends at Lehman over time. Compare Lehman to the other financial institutions. Compare the financial institutions as a group to the leading firms in other industries..

What subsequently happened to the prices : Groupon (GRPN) wen public a $20 a share and closed the first day at $26.11. Zynga (ZNGA) went public at $10 a share but closed the first day at $9.50. Facebook (FB) trading below $28 within two weeks for a 26.3 percent decline from the IPO offer pric..

How do you effectively conduct strategic sourcing : How do you effectively conduct strategic sourcing? How do you effectively conduct strategic cost management and supply chain analysis?

Opened an investment account : Two years ago, you opened an investment account and deposited $21,000. One year ago, you added another $3,600 to the account. Today, you are making a final deposit of $15,500. How much will you have in this account 3 years from today if you earn a 15..

Discuss the importance of historical events : Discuss the importance of historical events and initiatives and their influence on global health issues in order to understand current and anticipate future health care trends based on changing demographic trends, emerging technologies, and diseas..

What challenges waterman faces as michigan-born executive : What are 2-3 of the challenges Waterman faces as a Michigan-born executive leading an Australian company? Which of BP Australasia's diversity initiatives would be effective in the USA? Why?

Access investopedia-markets-sectors : Access Investopedia-Markets-Sectors (Links to an external site.) Write a 3-5 page paper in APA format (minimum of two references) comparing and contrasting the Best Performing Sectors and the Worst Performing Sectors (displayed as two tables at the ..

Start-up firm and net working capital financing : Start-up firm and net working capital financing Consider a firm planning to expand sales by $36 million/year. It requires additional facilities of $ 2 million.

User Account

All Pages