Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

Annuities:Saving for retirement or a large purchase, such as a house, can be done by beginning with a small amount per month; as your income increases, the amount you set aside per month can also increase.

Choose a scenario of savings in a retirement plan such as a 401(k) or an annuity. Plan a monthly deposit (you choose the amount, but be realistic) for 5 years into an account that will earn interest at 5%. Find the future value for this account. Calculate the amount of interest earned on this account.

Then, calculate that same monthly investment amount for 30 years. Calculate the future value of the investment after the 30 years. Calculate the amount of interest on this account as well.

Discuss how a small, monthly investment can grow into a substantial amount if you are consistent and do not touch the funds as they grow.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91399397
  • Price:- $15

Guranteed 24 Hours Delivery, In Price:- $15

Have any Question?


Related Questions in Business Management

How is vision used to confrontnbspresistance to change and

How is vision used to confront resistance to change, and move through it? How can a shared vision possibly facilitate collaboration or ultimately the successful implementation of a change initiative?

In a society where relationships are lineal and people are

In a society where relationships are lineal, and people are believed to be either good or bad, what kind of leadership style would you expect to find?

What recommendation would you make to your organization to

What recommendation would you make to your organization to help them better leverage their human capital talent?

Considering the various components of strategy as they

Considering the various components of strategy as they relate to career development, who are career development strategic managers?

Assignment instructionscompare and contrast strategies for

ASSIGNMENT INSTRUCTIONS Compare and contrast strategies for managing conflict within a team or group The study guide text and readings have outlined a range of strategies that can be employed to respond to conflict in a ...

What are some factors to consider when determining which

What are some factors to consider when determining which sorting algorithm would be best to utilize? Provide an example of how a list of elements can be sorted in an efficient manner.

What are some benefits of value chain management how do

What are some benefits of value chain management? How do these benefits add value to various stakeholders? How can these benefits be enhanced? Why is global value chain management very important in our current world of r ...

Discuss some issues challenges andor trends within the

Discuss some issues, challenges, and/or trends within the transportation and logistics field.

1 what is the pepsico business model2 what is the reason

1. What is the PepsiCo business model? 2. What is the reason for incorporating the lean approach at PepsiCo? 3. What is the planning process for lean management operations in (PepsiCo)? 4. How to implement an information ...

What are performance standards and what is the difference

What are performance standards? And what is the difference between KPI's and a performance standard?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved