User Account

All Pages

What was the value of the ira at the end of 12 years

Assignment Help Finance Basics
Reference no: EM132034369

Meagan invests $1,200 each year in an IRA for 12 years in an account that earned 5% compounded annually. At the end of 12 years, she stopped making payments to the account, but continued to invest her accumulated amount at 5% compounded annually for the next 11 years.

What was the value of the Ira at the end of 12 years?

Reference no: EM132034369

Questions Cloud

What are the portfolio weights of stock : If you own 500 shares of Alaska Air at $46.48, 550 shares of Best Buy at $54.92, and 300 shares of Ford Motor at $8.66, what are the portfolio weights
Describes how each activity addresses the characteristics : Describes how each activity addresses the characteristics of the ELL at the basic level and how language acquisition principles have been accounted for within
What is the payoff of a collar involving a long call : What is the payoff of a collar involving a long call and short put at the same strike price of $1.20/£?
How previous violations and practices have shaped : How previous violations and practices have shaped current legal and business ethics policies and procedures.
What was the value of the ira at the end of 12 years : What was the value of the Ira at the end of 12 years?
Unbiased expectations theory : If the unbiased expectations theory is correct, what should the current rate be on 3-year Treasury securities?
How does firm manage its inventory efficiently : nalyze inventory costs using an example? - Generally, how does a firm manage its inventory efficiently?
Post a brief description of the culture : Post a brief description of the culture you selected. Then identify three significant gender socialization practices or agents in this culture.
Compute the realized rate of return for an investor : Compute the realized rate of return for an investor who purchased the bonds when they were issued and held them until they were called.

Reviews

Write a Review

Finance Basics Questions & Answers

  Is there a significant difference between the proportion of

in a study to estimate the proportion of residents in a certain city and its suburbs who favor the construction of a

  Capital budgeting and capital structure

Discuss two (2) pros and two (2) cons of a business applying different capital budgeting techniques when it is faced with making wealth-maximizing decisions around investing corporate funds.

  Calculate the value of the two accounts at the end

Calculate the value of the two accounts at the end of one year, and recommend to Joseph which account he should choose.

  What is the predicted percentage change in the exchange rate

Also, discuss the relation between the percentage change in the exchange rate and the inflation differential. For example, if there is a negative 1% inflation differential, what is the predicted percentage change in the exchange rate?

  Talmud book company borrows 16000 for 30 days at 9 percent

talmud book company borrows 16000 for 30 days at 9 percent interest. what is the dollar cost of the

  What does he mean by the statement

How does Jefferson derive the amount of 22,500 pounds sterling per annum, and what does he mean by the statement "we have a right to say that only 22,500 pounds

  Compute average total assets and average stockholders equity

Determine the average total assets and average stockholders' equity for 2006 and 2007. Calculate the rate earned on total assets and rate earned on stockholders' equity for 2006 and 2007. Round to one decimal place.

  Calculate icy treats minimum and peak funding requirements

Calculate Icy Treats' minimum and peak funding requirements. What is Icy Treats' minimum funding requirement?

  Sample question-mergers and acquisitions

Identify the recent merger or acquisition you've heard about in the news or better yet, which you have been involved with.

  Ten years ago lucas inc earned 050 per share its earnings

ten years ago lucas inc. earned 0.50 per share. its earnings this year were 6.20. what was the growth rate in earnings

  What is the cost of the trade credit you have used for the

Suppose your firm buys $1,000 worth of supplies on credit with terms 3/15 n60. If you pay the bill on the 50th day after the purchase, what is the cost of the trade credit you have used for the 35-day period after the discount period ended?

  What will be its dividend payout ratio

Axel Telecommunications has a target capital structure that consists of 70 percent debt and 30 percent equity. The company anticipates that its capital budget for the upcoming year will be $3,000,000. If Axel reports net income of $2,000,000 and it f..

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