What would be the expected future value of money

Assignment Help Finance Basics
Reference no: EM132002861

Question: Monthly payments of $200 are made into a retirement account. The expected rate of return on this investment is 8% per year. What would be the expected future value of money put into this account in 40 years (480 months)? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132002861

Questions Cloud

Find what is the required return using given information : Moraine, Inc., has an issue of preferred stock outstanding that pays a $3.55 dividend every year in perpetuity. If this issue currently sells for $91 per share.
Net present value of potential capital investment project : You determined that the net present value of a potential capital investment project is $(742) when the WACC is 10.5%.
Example linear search algorithm : However please explain in great detail using fully compile-able C++ source code in the example Linear Search Algorithm and its inefficiency
Describe the various measures of yield and return : Describe the various measures of yield and return and explain how these standards of performance are used in bond valuation;
What would be the expected future value of money : Monthly payments of $200 are made into a retirement account. The expected rate of return on this investment is 8% per year.
Logical approach to using its cost of capital : Is the company following a logical approach to using its cost of capital?
Determining an appropriate time to release the offender : The most important step after reentry occurs is determining an appropriate time to release the offender completely from judicial supervision.
Automatic account builder set up with investment company : Pat and Sam own their own business, and have an “automatic account builder” set up with an investment company.
Standard template library offers a vector data type : Standard Template Library offers a vector data type, which in many ways is superior to standard arrays.

Reviews

Write a Review

Finance Basics Questions & Answers

  Write a draft email to the sales team at herman miller

Use a respectful, encouraging tone, and provide enough reasons to convince the sales associates that personal visits will increase business. Invent whatever details you need to make your email realistic.

  Basic amortization or present value

Find out the payment necessary to amortize the 8% loan of $2400 compounded quarterly, with 12 quarterly payments.

  Quiver archerys bond currently is selling for 1005 its

quiver archerys bond currently is selling for 1005 its value one year ago was 990. the bond has a 1000 maturity value

  Determine the factors that the manager of a financial

question 1asuggest which factors have the most significant impact on a financial-service institutions decision

  What is fournier current cost of equity

Fournier Industries, a publicly traded waste disposal company, is a highly leveraged firm with 70% debt,0% preferred stock, and 30% common equity financing.

  What is the value of the put option

What long position in the stock is necessary to hedge a long put option when the strike price is $32? Give the number of shares purchased as a percentage of the number of options purchased option.

  Discuss about the dividends and stock prices

Dividends and Stock Prices. Your portfolio is 150 shares of Barden, Inc. The stock currently sells for $87 per share. The company has announced a dividend.

  How work relationships and employment

How work relationships and Employment at Will may likely change in the next 10-20 years. Explain why and how your prediction would occur.

  Component of the s-p 500

Choose a company in a part of the world and domain where you feel at ease with daily quotes available at http://finance.google.com and which issue dividends (e.g. you can select a component of the S&P 500, Nasdaq, SMI (Swiss Market Index) or any Eu..

  Identify a zero-coupon bond that has a convertible feature

Identify a zero-coupon bond that has a convertible feature

  Question based on personal finance

If creditors give you no credit for payments made during the billing period, which of the following may result in much of your personal financial information becoming part of the public record?

  What is first payment

You have borrowed $220000 for a new house. The rate is 6%. Repayment is structured as a 20 year, 4% growing annuity. What is your first payment?

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