You invest $ 2 0 0 per month for 4 0 years. How much will you have

Fantastic news! We've Found the answer you've been seeking!

Question:

You invest $

200

per month for

40

years. How much will you have at the end of

40

years if your interest rate is

10 % ?

Round your answer to the nearest whole dollar and do not use comma separators.

Posted Date: May 10, 2024 01:53 AM

See More Questions

1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Question: Old MathJax webview Old MathJax webview i need ans of these question but the source is alot Old MathJax webviewOld MathJax webview i need ans of these question but the source is alot these...
Determine the global extreme values of the function on the given domain. f(x, y) = 5x- 3y, y x-2, yz-x-2, y 3
The table in Exercise 23 shows the maximum weights (in kilograms) for which one repetition of a half squat can be performed and the times (in seconds) to run a 10-meter sprint for 12 international...
Go to the Florida attorney general's consumer fraud Web site at myfloridalegal.com/identitytheft Pick a transaction that you will likely be involved in from the list on the home page. Read about that...
The owner of a business introduced new capital of 8,000 during the year and withdrew 2,500 cash for his private use. The profit earned by a business in 2008 was 68,500. If the net assets at the...
The weekly demand for a product is believed to be normally distributed. Use a goodness of fit test and the following data to test this assumption. Use = .10. The sample mean is 24.5 and the sample...
Between 1995 and 2015, homeownership rates in a certain region rose and then fell in a pattern that can be modeled by a quadratic function, as shown in the graph. Use the data points (4,62), (8,63),...
Write a multithreaded program to calculate the factorial of a large number using threads.
Why is having good management important and led to success? We have all been impacted by globalization and advancement of IT, explain three major management practice changes you have experienced or...
Recall your learning experience related to lifestyle adjustments to achieve optimum health and wellness through your own reading and discussions in the respective tutorial sessions and e-Forums....
Describe the reinforcing loop that led to a toilet paper shortage in March/April 2020, as COVID lockdowns first hit. But some level of stability has been found - what are the balancing factors?
Reflect on your own past experience engaged in a leadership or management role and discuss the types of skills you believe were important when engaged in one of the management functions.
LSMU makes decorative flower pots. Each flower pot sells for a revenue of $10. LSMU has estimated three possible levels of demand for flower pots in the coming year: there is a 30% chance the demand...
(i) List and define all the parameters required to specify the geometry of the ray and the field. [2 marks] (ii) Give an set of rules which returns the favored intersection point (if it exists) and...
Independent random samples of sizes n1 = 30 and n2 = 50 are taken from two normal populations having the means 1 = 78 and 2 = 75 and the variances 21 = 150 and 22 = 200. Use the results of Exercise...
Assume that locational arbitrage ensures that spot exchange rates are properly aligned. Also assume that you believe in purchasing power parity. The spot rate of the British pound is $1.80. The spot...
The U.S. 3-month interest rate (unannualized) is 1 percent. The Canadian 3-month interest rate (unannualized) is 4 percent. Interest rate parity exists. The expected inflation over this period is 5...
Todays spot rate of the Mexican peso is $.10. Assume that purchasing power parity holds. The U.S. inflation rate over this year is expected to be 7 percent, while the Mexican inflation over this year...

You invest $ 2 0 0 per month for 4 0 years. How much will you have

Question:

Expert Answer:

Answer To calculate the total amount you will have at the en... View the full answer

Students also viewed these finance questions