Thrilled about spending your entire life working

Assignment Help Financial Management
Reference no: EM132008105

1. Compute the internal rate of return for the following cash flows:

Period 0: -2000

Period 1: 1500

Period 2: 550

Period 3: 325

Enter your answer in percent and round to the nearest 0.01

2. You are not thrilled about spending your entire life working. So, you have decided that you will save $6 thousand a year, starting at the end of this year, and retire as soon as you can accumulate $1 million. If you can earn an average of 9.23 percent on your savings, how many years will pass before you get to retire? Enter answer in years, accurate to two decimal places.

Reference no: EM132008105

Questions Cloud

What proportion of nonsmokers have lung disease : (A) In Arizona, what proportion of smokers have lung disease? (B) What proportion of nonsmokers have lung disease?
How much would you be willing to pay for bond : HexChat, Inc. has issued 19 year bonds 5 years ago. how much would you be willing to pay for this bond?
How flexible schedule : A medical association randomly selected 10 plastic surgeons and 10 trauma surgeons and asked them how flexible their schedule
How each step can be applied to your chosen dilemma : Evaluate all seven steps of the ethical decision-making model. Analyze how each step can be applied to your chosen dilemma.
Thrilled about spending your entire life working : You are not thrilled about spending your entire life working. how many years will pass before you get to retire?
An explanation as to how and to what extent this provision : This new legislation was an effort to update and strengthen laws governing the investigation and prosecution of terrorism.
Identify skills and abilities that will move your career : Completing this assignment will help you name and identify the skills and abilities that will move your career forward.
What is the present value of winnings : Using a discount rate of 7 percent, what is the present value of your winnings?
Determine the probability distribution : Determine the probability distribution, expected value, and standard deviation of a player's win.

Reviews

Write a Review

Financial Management Questions & Answers

  Foreign company acquisition

Acquisition by a foreign company and the effects of that decision and the results of foreign exchange in Euro and the exchange rate differences.

  Financial management for profit and non profit organizations

In this essay, we are going to discuss the issues of financial management in a non-profit organisation.

  Method for estimating a venture''s value

Evaluate venture's present value, cash and surplus cash and basic venture capital.

  Replacement analysis

This document show the Replacement Analysis of modling machine. Is replacement give profit to company or not?

  Business finance task - capital budgeting

Your company is considering using the payback period for capital-budgeting. Discuss the advantages and disadvantages of this technique.

  Analysis of the investment

In this project, you will focus on one of these: the additional cost resulting from the purchase of an apple press (a piece of equipment required to manufacture apple juice).

  Conduct a what-if analysis

Review the readings and media for this unit, including the Anthony's Orchard case study media. Familiarise yourself with the Anthony's Orchard company and its current situation.

  Determine operational expenditures

Organisations' behaviour is guided by financial data. In the short term, such data will help determine operational expenditures; in the long term, historical data may help generate forecasts aimed at determining strategic plans. In both instances.

  Personal financial management

How much will you have left over each half year if you adopt the latter course of action?

  Sources of finance for expansion into new foreign markets

A quoted company is considering several long-term sources of finance for expansion into new foreign markets.

  Long term financial planning

This assignment is designed for analyze Long term financial planning begins with the sales forecast and the key input in the long term fincial planning.

  Explain the role of fincial manager

This assignment explain the role of fincial manager, function of manger. And what are the motives of financial manager.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd