CompU has become a success over the past few years, and Bill and Melinda Jobs decide...
CompU has become a success over the past few years, and Bill and Melinda Jobs decide it is time to meet with a financial planner to make certain his personal finances are in order. Bill has the following questions he needs help in answering regarding his current and future financial goals.
- If they have an opportunity cost of 10%, how much should they be willing to invest now to have $8,000 accumulated in 10 years?
Homework Answers
Present value=$8000*Present value of discounting factor(rate%,time period)
=$8000/1.1^10
=$8000*0.385543289
which is equal to
=$3084.35(Approx).
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recommended investment strategy, Present an allocation that is
consistent with the strategy it has to match with the profile,
Expecations (which have to get the same return for each of my asset
classes), Syntax (has to sound like an investment policy
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