What is the difference in annual inflation rates

Assignment Help Financial Management

Reference no: EM131993972

1. You have $20,140.64 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until your account totals $200,000. You expect to earn 12% annually on the account. How many years will it take to reach your goal? Round your answer to two decimal places at the end of the calculations.

_______________years

2. Suppose the current exchange rate for the Polish zloty is Z 2.37. The expected exchange rate in three years is Z 2.52. What is the difference in the annual inflation rates for the United States and Poland over this period? Assume that the anticipated rate is constant for both countries.

Reference no: EM131993972

Questions Cloud

Calculate and show the project cash flows : Calculate and show the project cash flows (CFFA) for years 0 through 3.

What is the net amount received by the corporation : If the spot rate at the time of maturity is $0.89, what is the net amount received by the corporation if it acts rationally?

Why do you think stock markets crash : Why do you think stock markets crash? Do you believe we are heading for a crash or a bear market?

Future value of annuity : Your client is 35 years old; and she wants to begin saving for retirement, with the first payment to come one year from now.

What is the difference in annual inflation rates : What is the difference in the annual inflation rates for the United States and Poland over this period?

Account immediately after you make first withdrawal : How much will be in the account immediately after you make the first withdrawal?

Upgrading the heating-ventilation and air conditioning : Two feasible alternatives for upgrading the heating, ventilation, and air conditioning (HVAC) system have been identified

Bank pays interest compounded annually on deposits : Bank A pays 5% interest compounded annually on deposits, while Bank B pays 4.5% compounded daily.

Relationship where an agent represents a principal : Under the ADA, employers cannot discriminate against people with disabilities; they must try to make a reasonable _____ to meet the needs of the disabled worker

User Account

All Pages