Pick a discretionary expense

Assignment Help Business Economics

Reference no: EM131809264

Pick a discretionary expense that you incur on a regular basis, such as buying cigarettes weekly, buying fashion items monthly, buying sports tickets monthly, or going to movies weekly. Assume that you instead place the money in an investment account that earns 9% annually. After 40 years, how much is in the account?

Reference no: EM131809264

Questions Cloud

Management has decided it would like to maintain a cash : management has decided it would like to maintain a cash balance of at least $800,000 beginning on January 31

Future worth analysis method : If the executive considers 9% a suitable rate of return in this situation, what must the Generous Electric stock be worth per share to make the two offers equal

Scatter plot to point out flaw with correlation analysis : Many attempts have been made to relate happiness with various factors. One such study relates happiness with age and finds that holding everything.

What is the transfer price range : The Machine Products Division has a bid from an outside supplier for the special parts at $29.00 per unit. What is the transfer price range

Pick a discretionary expense : Pick a discretionary expense that you incur on a regular basis, such as buying cigarettes weekly, buying fashion items monthly

Options for upgrading their athletic facilities : Cornell has two options for upgrading their athletic facilities. The off-campus option costs only $20 million, but it will require frequent bus service to those

Discuss the alternative accounting treatments for the method : Describe the alternative methods available for companies to use their receivables to obtain. Discuss the alternative accounting treatments for these methods.

A good planning process eliminates uncertanities : “A good planning process eliminates uncertanities”. Discuss if the given propositon is true or false.

Interpret sample correlation coefficient in ppg and mpg : The following table lists the National Basketball Association's leading scorers, their average points per game (PPG), and their average minutes per game (MPG).

User Account

All Pages