The desire amount, Financial Econometrics

Assignment Help:

To buy a retirement home, you will need $525,000 in 18 years. If funds can be invested at an effective return of 6 percent a year, how much must you invest today to have the desire amount?


Related Discussions:- The desire amount

How much is this certification worth today, Published salary surveys indica...

Published salary surveys indicate that Chartered Financial Analyst earn $65,000 more per year than their non-chartered counterparts. Over 100,000 people are taking this three year

Host and home government tax policies, Gujistan charges foreign companies c...

Gujistan charges foreign companies corporation tax at a preferential tax rate of 15 percent for the first five years, rather than the normal rate of 35 percent. PASE plc currently

Explain working capital ratios, Q. Explain Working capital ratios? Rati...

Q. Explain Working capital ratios? Ratios are a way of comparing financial values and quantities to improve our understanding. In particular they are used to assess the perform

Draw budget line, Mary has a weekly allowance of $24 to spend on soda and c...

Mary has a weekly allowance of $24 to spend on soda and coffee.  Let 40 cups be the maximum amount of soda she can buy for the money.  Let $.40 be the price of 1 cup of coffee.  As

the risky efficient frontier, Create a new µσ-plane graph displaying the r...

Create a new µσ-plane graph displaying the risk-less cash fund, tangency portfolio, Pythagoras's new optimal portfolio and the Capital Market Line relative to the risky efficient f

Analyze the asset price channels, Problem 1: (a) Analyze the asset pri...

Problem 1: (a) Analyze the asset price channels other than the traditional interest rate channel. (b) Analyze Bank lending channel and discuss its importance for the Mau

Distinguish between debt finance and equity finance, Question 1: (a) A...

Question 1: (a) As a small island economy , Mauritius had to face a number of constraints in order to transform itself from mono-cop economy into a well diversified midd

Remedies for overtrading, Remedies for overtrading Short-term solutions...

Remedies for overtrading Short-term solutions • Speeding up collection from customers. • Slowing down payment to suppliers. • Maintaining lower inventory levels. Lo

Working capital cycle in a manufacturing business, Working capital cycle in...

Working capital cycle in a manufacturing business Average time raw materials are in stock   +   Time taken to produce goods   +   Time tak

Write Your Message!

Captcha
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