User Account

All Pages

What annual rate of interest must you earn

Assignment Help Financial Management
Reference no: EM13848033

QUESTION 1: Assume the total cost of a college education will be $380,000 when your child enters college in 16 years. You presently have $62,000 to invest.

Required:

What annual rate of interest must you earn on your investment to cover the cost of your child's college education?

At 6.75 percent interest, how long does it take to double your money?

At 6.75 percent interest, how long does it take to quadruple your money?

QUESTION2:

In 1904, the first U.S. Open Golf Championship was held. The winner's prize money was $240. In 2012, the winner's check was $1,440,000.

Requirement 1:

What was the annual percentage increase in the winner's check over this period?

Requirement 2:

If the winner's prize increases at the same rate, what will it be in 2036?

QUESTION 3: You have decided that you want to be a millionaire when you retire in 44 years.

Requirement 1:

If you can earn an annual return of 11.22 percent, how much do you have to invest today?

Requirement 2:

What if you can earn an annual return of 5.61 percent?

Reference no: EM13848033

Questions Cloud

Buddhism or confucianism : Choose EITHER Buddhism OR Confucianism and describe its origin, major principles, and how it affected existing laws, social practices, or culture. Also describe whether and how the religion/philosophy influenced other societies.
Availability of the resource and consequences : What do you predict will happen to both the availability of the resource and consequences of using it as the population continues to increase?
A comparative analysis of oracle corporation and microsoft : A Comparative Analysis of Oracle Corporation and Microsoft Corporation
Psychological evaluations for the courts : Review the assigned chapters in your course text Psychological Evaluations for the Courts. Pay particular attention to the psychological evaluations that are applicable to civil courts and when you would use each
What annual rate of interest must you earn : What annual rate of interest must you earn on your investment to cover the cost of your child's college education?
Write a summary paper for the given case study : Write a summary for the powerpoint with with the mean idea i want easy and simple word with clear pics the summary from 100 to 150 word.
Communicating with diverse populations : Communicating With Diverse Populations - In order to work with diverse populations, police professionals must be aware of areas of concern that are specific to the populations they serve
Calculate the expected return for the two stocks : Calculate the expected return for the two stocks
Master of arts in human services counseling : Master of Arts in Human Services Counseling- Describe how a degree from the School of Psychology & Counseling would facilitate your personal and professional goals

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!

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