What must be the amount of baruch''s annual contributions, Operation Management

Assignment Help:

Payment = $4,000 interest rate =10% number of periods = 20 Find fva
Stressed and penniless after months of day trading, Mr. Baruch decides to invest his savings into a conservative growth mutual fund. He plans to retire in 30 years and wants to make annual deposits into his IRA in order to accumulate a sum of $450,000 at the end of the 30 years. Mr. Baruch expects to earn 10% per year, on average, in his mutual fund. What should be the amount of Baruch's annual contributions?


Related Discussions:- What must be the amount of baruch''s annual contributions

Explain purchase the motors for the appliance, A firm plans to begin produc...

A firm plans to begin production of a new small appliance. The manager must decide whether to purchase the motors for the appliance from a vendor for $7 each or to produce them in-

Define sociotechnical systems theory, Discuss sociotechnical systems theory...

Discuss sociotechnical systems theory and contrast it with the open systems theories of organization development?

Describe in terms of developing a project plan, In terms of developing a pr...

In terms of developing a project plan, specifically recommend how this resource could expedite that process.

Compute the operating characteristics of interest, An urn contains nine whi...

An urn contains nine white balls and 11 black balls. A ball is drawn and replaced. If the ball is white your opponent pays you 25 cents. If it is black you pay him 25 cents. You ha

Explain performance review nick received from warren, 1) You've had a varie...

1) You've had a variety of weekly leaders in this class, and you've all turned in Status Reports. What can you do to improve that process and better evaluate and manage your teamma

Explain personal and professions experience, Based on your personal and pro...

Based on your personal and professions experience, provide examples and discuss how technological innovation resulted in change within your organization, whether it concerned proce

Explain how much money should he plan to save, A freshman college student, ...

A freshman college student, who owns a car, plans to buy a motorcycle. The student expects to save an increasing amount of money on travel every year he is in college, as he will m

Perseverance and job related knowledge, (Emotional intelligence; a key fact...

(Emotional intelligence; a key factor to success) I want a 20 question survey for this topic, based on these 5 factors Ethic and integrity, Leadership, Perseverance, Job related kn

Depict a histogram and pareto chart, Create a Histogram and Pareto Chart fo...

Create a Histogram and Pareto Chart for each of the following categories using data provided Fan satisfaction survey results (N=250) Gameday: Parking A:90 B:105 C: 45 D: 5

Explain how else might national origin discrimination occur, National origi...

National origin discrimination is prohibited against a job applicant or employee. Besides discriminating against the job applicant or employee directly, how else might national ori

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