User Account

All Pages

What annual interest rate do i need to earn

Assignment Help Accounting Basics
Reference no: EM133185668

Question - One of my grandchildren is 3 years old and will be off to college in 15 years. I want to help her financially so that she does not have to work while she is studying. I plan to invest $1,500 every 6 months in a mutual fund. There is already $56,000 in the mutual fund account. My goal is to hand her a check for $80,000 on her first day in college. What annual interest rate do I need to earn to achieve my goal?

Reference no: EM133185668

Questions Cloud

Introduction to knowledge management article : Based on the Introduction to Knowledge Management article, please explain how an organization can use Microsoft Sharepoint, Yammer, Microsoft Power Virtual Agen
Contrast entry strategies of multinational organizations : Compare and contrast the entry strategies of multinational organizations in different countries of Latin America? Describe for each of the countries as per the
How much compensation expense should sterling cooper record : Assuming an estimated forfeiture rate of 5%, how much compensation expense should Sterling Cooper record each year
Planning for fdi in australia : Pingan, a Chinese top brand (according to Interbrand 2021), is planning for FDI in Australia. Please discuss the selection factors that make Australia an attrac
What annual interest rate do i need to earn : My goal is to hand her a check for $80,000 on her first day in college. What annual interest rate do I need to earn to achieve my goal
Why the associated cash flows are easier : How do these two types of investments differ and why the associated cash flows are easier or more difficult to estimate
Determine the times interest earned ratio : For the FY 2018, Frederick Company had net sales of $950,000 and net income of $60,000, Determine the Times Interest Earned Ratio
Reflects indepth consideration-personalization of theories : Response reflects indepth consideration and personalization of the theories, concepts, and/or strategies presented.
Determine the amount of factory overhead : Use this information to determine the amount of factory overhead that was applied in February. Round answer to the nearest whole number (no cents)

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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