You estimate that you will need 20000 for the trip how

Assignment Help Finance Basics
Reference no: EM13576399

In five years your oldest child will be in 8th grade, at which point you and your family plan to vacation in The Bahamas. You estimate that you will need $20,000 for the trip. How much do you need to set aside today if you can place your money in an investment vehicle earning an average of 4.50% per year?

Reference no: EM13576399

Questions Cloud

If the standard deviation for the sampling distribution : if the standard deviation for the sampling distribution for the mean of a random sample of size 36 from a large
The balance per the bank statement was 8050 the balance per : the cooper group received their bank statement in the mail for the month ending january 31 2014.the balance per the
The group product manager for ointments at american : the group product manager for ointments at american therapeutic corporations was reviewing price and promotion
You roll a die winning nothing if the number on top is odd : you roll a die winning nothing if the number on top is odd 1 for a two or four on top and 10 for a six.a. find the
You estimate that you will need 20000 for the trip how : in five years your oldest child will be in 8th grade at which point you and your family plan to vacation in the
Ethan competed in the annual austin marathon this year and : ethan competed in the annual austin marathon this year and won a 25000 prize for fastest wheelchair entrant. ethan
A patient is seen at a clinic a recent epidemic in town : questiona patient is seen at a clinic. a recent epidemic in town shows that the probability that the patient suffers
Stanley childrens hospital reported an average cost per : stanley childrens hospital reported an average cost per discharge of 6500 for the quarter with 300 discharges and an
To test the efficacy of admissions or release an emergency : questionto test the efficacy of admissions or release an emergency room embarks on a controlled experiment. each

Reviews

Write a Review

Finance Basics Questions & Answers

  The firms tax rate is 40 annual maintenance costs

consider the information presented in the text and take a case for or against the current use of lease financing in

  Determine the received amount

Jia Hua Enterprises desire to issue sixty 20-year, $1,000 par value, zero-coupon bonds. If each bond is priced to yield 7 percent, how much will Jia Hua receive when the bonds are 1st sold?

  Based on the following information calculate the holding

based on the following information calculate the holding period return p0 10.00 p1 12.00 d1

  What will the dollar amount of sales be in year five

China Manufacturing Agents, Inc. is preparing a five-year plan. Today, sales are $1,000,000. If the growth rate in sales is projected to be 10 percent over the next five years, what will the dollar amount of sales be in year five?

  What additional information does the fixed asset turnover

what additional information does the fixed asset turnover ratio provide over the total asset turnover ratio? for which

  Calculate ending balance in retained earnings

Assume next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. Calculate Andrews ending balance in Retained Earnings be next year?

  Describe the factors which would find out required rate of

assess how the required rate of return on investment for a u.s. investor in common stocks may differ from the required

  What is the apr with monthly compounding

Your bank account pays interest with an EAR of 5%. What is the APR quote for this account based on semiannual compounding? What is the APR with monthly compounding?

  From the standpoint of the borrower is long-term or

from the standpoint of the borrower is long-term or short-term credit riskier? explain. would it ever make sense to

  If roten inc has an equity multiplier of 135 total asset

if roten inc has an equity multiplier of 1.35 total asset turnover of 2.15 and a profit margin of 5.8 what is the

  What will happen to the value of the mexican peso

If Mexicans go on a spending spree and buy twice as much french perfume, japanese tvs, english sweaters, swiss watches, and italian wine, what will happen to the value of the mexican peso?

  How long must you wait for your savings to be worth 4000

you have 2158 today in your savings account. how long must you wait for your savings to be worth 4000 if you are

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