What variables could lead to different outcomes

Assignment Help Other Subject
Reference no: EM132213869

Question: To live comfortably in retirement, you decide you will need to save $2 million by the time you are 65 (you are 30 years old today). You will start a new retirement savings account today and contribute the same amount of money on every birthday up to and including your 65th birthday. Using TVM principles, how much must you set aside each year to make sure that you hit your target goal if the interest rate is 5%? What flaws might exist in your calculations, and what variables could lead to different outcomes? What actions could you take ensure you reach your target goal?

Reference no: EM132213869

Questions Cloud

Discuss about the specific ethical issue : Before writing the paper, you will need to spend some time thinking about the specific ethical issue you want to focus on throughout this course.
What is an example of an np complete problem : What is an example of an NP Complete problem that you find surprising?
Write a summary of the elements you found interesting : Choose one of the three topics covered in the lesson (origins, landscape or history of HPT) and write a summary of the elements you found interesting.
Knowing locations of users in real time : What types of new applications can emerge from knowing locations of users in real time? What if you also knew what they have in their shopping cart, for example
What variables could lead to different outcomes : To live comfortably in retirement, you decide you will need to save $2 million by the time you are 65 (you are 30 years old today).
What is your opportunity cost of attending college : Can management of a company such as Research in Motion (RIM) use cycle time and cycle efficiency as useful measures of performance?
Create an integrated conference development plan : The aim of this project is to create an integrated conference development plan - Deciding on how to split the £40,000 target between a delegate revenue target
What do they have in common : Using the Internet, the school library, your text book or other sources, locate ten of the best-known brands in the world. What do they have in common?

Reviews

Write a Review

Other Subject Questions & Answers

  How do the near-architectural elements fit with lush paint

What does the diagonal of the bed provide? Now move close and examine the paint work. How do the near-architectural elements fit with the lush paint?

  Discuss social networking sites as the basis for not hiring

Develop a response that includes examples and evidence to support your ideas, and which clearly communicates the required message to your audience

  How will you develop intercultural competence

How will you develop intercultural competence? Refer to the measures listed near the end of Ch. 3 of your text and discuss each.

  How can graphs be used to describe and summarize data

How are group means, percentages, and correlations used to describe research results? How can graphs be used to describe and summarize data?

  Explain how simulation is used in the real world

Identify the part of setting up a simulation in Excel that you find to be the most challenging, and explain why. Identify resources that can help you with that.

  What about the culture you are trying to foster

What about the culture you're trying to foster? Anything you have a particularly low tolerance for in your organization? What else have you learned about culture?

  Identify two special education emerging issues

Identify two special education emerging issues. Research and evaluate current information about your chosen topics, and then create a newsletter to be distributed to the special education staff. Your newsletter should include a 250-500-word summar..

  Why is communication and education of community important

What does this study tell you about the lack of training for the community? Why is communication and education of the community important in saving lives?

  Discuss different types of terrorist threats

Discuss different types of terrorist threats that the United States might expect to encounter in the future.Discuss some of the potential implications of future terrorist attacks where the United States might need to increase counterterrorism effor..

  Bracewell plc employ bob as driver and evelyn as salesperson

Bracewell Plc employ Bob as a driver and Evelyn as a salesperson. One day, Evelyn has to call on a client but as her car is in the garage being serviced she asked Bob if he would drive her to the client’s offices.

  Conduct some further research on the benefits

Conduct some further research on the benefits and disadvantages of using portfolios as assessments.

  Discuss about human ecology current events article

Analyze and evaluate a Human Ecology Current Events article. The article must be published during the term that the course is taken.

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