Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question 1. Using the TVM (Time Value of Money Calculator) determine how much you need to save monthly to reach $1,000,000 in savings over a 20 year time period, over 30 years and over 40 years at a 5% annual return. You simply need to plug in the numbers into the boxes. You are solving for PMT, so once you input the given values, hit the PMT to determine the monthly payment amount. Be sure to set the compounding box to monthly and in the number of payments to the total number of months (20x12; 30x12; and 40x12). You should see a significant difference in the amount you need to save each month depending on how long you invest. You will calculate 3 amounts.
Question 2. Now calculate the lump sum you would need today under the 3 scenarios. In other words, calculate for PV using the 5% return over 20, 30 and 40 years. You will include a payment since the only payment is the lump sum you need today to reach the $1,000,000 in 20, 30, and 40 years. In this case, be sure to set the compounding periods to annual. You are calculating 3 amounts.
For my current course (Organizational Behavior), we are discussing teams and how to create effective teams. I know there are Problem-Solving Teams, Self-Managed
Explain the relationship among logistics systems and cost. Identify techniques used to perform a logistics system analysis. Summarize approaches that analyze logistics systems.
Annotated Bibliography: Submit an Annotated Bibliography entry for Sirkin, K., and Sirkin, J. (Oct, 2005). The Hard Side of Change Management. (Links to an external site.)
Briefly describe how to ensure that skilled labor is available for full implementation of the business plan
We learned how money can grow through the use of compounding and interest rates and your growth strategies may now be different.
Remembering Hofstede's culture framework, select one emerging communication medium that would be best suited to individualistic cultures and discuss why. In add
Explain how banks can increase the money supply in a fractional reserve system given an initial injection of $100 Billion USD in deposits and a required reserve
INMR88 Enterprise Systems Assignment. Determine feasibility of an Enterprise Systems solution. Assessment of the feasibility of enterprise systems
What is the major difference between a travel agency's income statement and the income statement of non-service businesses? What is the California Seller of Travel Law? What does it mean for the home-based agent?
Choose a particular field that interests you, such as information technology, medicine, Cloud Computing,
Several management scholars have argued that charisma is not enough for someone to be a leader.
Which events are more clearly aligned with either monochronic or polychronic time systems? How does your personal view on time systems impact time management
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd