Could someone help me and show how to the calculations/answer for this question. Appreciate your help!...
Could someone help me and show how to the calculations/answer for this question. Appreciate your help!
Suppose you want to have $1,000,000 in 35 years. Calculate how much you need to deposit per month in an account that pays 9.3% per month, compounded monthly
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Could someone help me and show how to the calculations/answer
for this question. Appreciate your help!...
Suppose you are exactly 25 years old and you are planning to save for your retirement...
Suppose you are exactly 25 years old and you are planning to save for your retirement which will happen in 40 years. You plan to deposit equal amount at the beginning of each month in your retirement account with the first saving made today. Assume the retirement account pays you 6% p.a. compounded monthly. (a) If you would like to have $1,000,000 in your retirement account 40 years later when you are retired, how much will you have to deposit...
Can someone please help me with these homework problems? Please show all work, thumbs up guaranteed...
Can someone please help me with these homework problems? Please
show all work, thumbs up guaranteed for best answer!
I want to have $500,000 when I retire in 15 years. How much money must I deposit today into a savings account which pays an APR of 10% compounded annually? [4 points] If I invest $12,000 in a bank account which pays an APR of 5.2%, compounded weekly what will be the value of my investment after 10 years? [4 points)....
1. How much would you need to deposit in an account now in order to have $5000 in the account in 15 years? Assume the ac...
1. How much would you need to deposit in an account now in order to have $5000 in the account in 15 years? Assume the account earns 5% interest compounded monthly. 2. You currently have $7,700 (Present Value) in an account that has an interest rate of 3% per year compounded quarterly (4 times per year). You want to withdraw all your money when it reaches $18,480 (Future Value). In how many years will you be able to withdraw all...
can someone please help me QUESTION 2 Find the annual percentage yield (APY) of an account...
can
someone please help me
QUESTION 2 Find the annual percentage yield (APY) of an account with an APR of 5.6% compounded monthly. Round to two decimal places. QUESTION 3 Find the savings plan balance after 5 years with an APR of 8.8% and monthly payments of $572. QUESTION 4 You intend to create a college fund for your baby. If you can get an APR of 7% and want the fund to have a value of $158,962 after 16...
1. You deposit $400 each month into an account earning 7% interest compounded monthly. a) How...
1. You deposit $400 each month into an account earning 7% interest compounded monthly. a) How much will you have in the account in 35 years? $ b) How much total money will you put into the account? $ c) How much total interest will you earn? $ 2. Suppose you want to have $300,000 for retirement in 35 years. Your account earns 8% interest. a) How much would you need to deposit in the account each month? $ b)...
Could someone please help me answer this question? Required information [The following information applies to the...
Could someone please help me answer this question?
Required information [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Percent of Sales 100% 60 Per Unit $ 115 69 Selling price Variable expenses Contribution margin $ 46 40% Fixed expenses are $83,000 per month and the company is selling 2,500 units per month. Required: 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,800...
this is the question, please help me with this python coding question thanks and appreciate your...
this is the question, please help me with this python coding
question thanks and appreciate your help
1. Create an object call Accounts. This is to be used in a banking system. 2. Initialize the account with three data as inputs : Firstname, Lastname and balance. 3. Create 4 additional member functions: Deposit, Withdraw, Fee Calculations, interest The fee calculation is going to be $10 per month if the total amount in the account is less than $1000. Interest is...
I need help with answer number 6. The question is answered but I need to show...
I need help with answer number 6. The question is answered but I
need to show the formula and I can't seem to get it correct.
Could you please help?
Question 4 41% 41% 4 points Off-The-Books Investment Firm, LLC, has offered you an investment it says will return to you $20,000 in 2 years. To get in, you'll need to make a $10,000 deposit to their receivables account and promise not to tell anyone about it. What is the...
i. You deposit $5000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 ye...
i. You deposit $5000 in an account earning 5% interest compounded monthly. How much will you have in the account in 5 years? ii. Suppose you want to have $400,000 for retirement in 20 years. Your account earns 8% interest. How much would you need to deposit in the account each month?
If someone could please help me understand how one gets to this answer, I'd really appreciate...
If someone could please help me understand how one gets to this
answer, I'd really appreciate it!
Let A = 01-1 1] Construct a 4 x2 matrix D, using only 1 and 0 as entries, such that AD = 12. Is it possible that CA = 14 for some 4x2 matrix C? Explain. 110 1-1 X 00 D = Sorry, that's not correct. 00 Sorry, your answer is not correct. 10 Correct answer: Your answer:
Can someone please help me with these homework problems? Please
show all work, thumbs up guaranteed for best answer!
I want to have $500,000 when I retire in 15 years. How much money must I deposit today into a savings account which pays an APR of 10% compounded annually? [4 points] If I invest $12,000 in a bank account which pays an APR of 5.2%, compounded weekly what will be the value of my investment after 10 years? [4 points)....
can
someone please help me
QUESTION 2 Find the annual percentage yield (APY) of an account with an APR of 5.6% compounded monthly. Round to two decimal places. QUESTION 3 Find the savings plan balance after 5 years with an APR of 8.8% and monthly payments of $572. QUESTION 4 You intend to create a college fund for your baby. If you can get an APR of 7% and want the fund to have a value of $158,962 after 16...
Could someone please help me answer this question?
Required information [The following information applies to the questions displayed below.) Data for Hermann Corporation are shown below: Percent of Sales 100% 60 Per Unit $ 115 69 Selling price Variable expenses Contribution margin $ 46 40% Fixed expenses are $83,000 per month and the company is selling 2,500 units per month. Required: 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,800...
this is the question, please help me with this python coding
question thanks and appreciate your help
1. Create an object call Accounts. This is to be used in a banking system. 2. Initialize the account with three data as inputs : Firstname, Lastname and balance. 3. Create 4 additional member functions: Deposit, Withdraw, Fee Calculations, interest The fee calculation is going to be $10 per month if the total amount in the account is less than $1000. Interest is...
I need help with answer number 6. The question is answered but I
need to show the formula and I can't seem to get it correct.
Could you please help?
Question 4 41% 41% 4 points Off-The-Books Investment Firm, LLC, has offered you an investment it says will return to you $20,000 in 2 years. To get in, you'll need to make a $10,000 deposit to their receivables account and promise not to tell anyone about it. What is the...
If someone could please help me understand how one gets to this
answer, I'd really appreciate it!
Let A = 01-1 1] Construct a 4 x2 matrix D, using only 1 and 0 as entries, such that AD = 12. Is it possible that CA = 14 for some 4x2 matrix C? Explain. 110 1-1 X 00 D = Sorry, that's not correct. 00 Sorry, your answer is not correct. 10 Correct answer: Your answer:
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