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

Project network , Heckman of Saul and Saul Consultants has get a request fr...

Heckman of Saul and Saul Consultants has get a request from Deborah, the head of Human Resources, to make an interactive icon-and-menu-driven software package to be used by the adv

Explain level of threshold service of a least-cost system, What is meant by...

What is meant by the level of threshold service of a least-cost system

Explain perform an analysis of the social, Perform an analysis of the socia...

Perform an analysis of the social / demographic, technological, economic, environmental / geographic, and political/legal / governmental segments to understand the general environm

Scope of operational research and scope of financial managem, scope of oper...

scope of operation research & Scope of Financial management

Explain the factors determining the sequencing of jobs, Question : (a) ...

Question : (a) Show how operations management can contribute to the success of an organization. (b) Explain the factors determining the sequencing of jobs. ( c) A machin

Describe approaches to communication as related to managers, Clampitt prese...

Clampitt presented a communication model for his first 2 approaches to communication as related to managers; Arrow & Circuit. What communication model best describes his Dance Appr

Explain what does just in time manufacturing mean, What does Just in Time M...

What does Just in Time Manufacturing mean and how does it relate to manufacturing operations?

Explain what is the forecast error, The numbers of patient arrivals to the ...

The numbers of patient arrivals to the ER department at a local hospital for the past 5 weeks are: week: 1 , 2 , 3 , 4 , 5 arrivals: 405 ,420 , 400 , 380 , 411 a) Compute a three-w

Why jobs needed to produce the shopping carts, A company that makes shoppin...

A company that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labour content of the jobs needed to produce the shoppi

The Strategic Significance of Design, What is the strategic significance of...

What is the strategic significance of Design in operations management?

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