Question

Identify and discuss at least two ways you might be able to use the time value...

Identify and discuss at least two ways you might be able to use the time value of money calculations in your personal life.

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Example-1

suppose your bank offers you a CD with a two-year maturity, a stated annual interest rate of 8 percent compounded quarterly. You decide to invest $10,000. Then the CD be worth $ 11,716 .59 at maturity

Example-2

You plan to invest €20,000 per year in a stock index fund for the next 30 years. Historically, this fund has earned 9 percent per year on average. Assuming that you actually earn 9 percent a year, Money will you have available for retirement is €2,726,150.77

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Identify and discuss at least two ways you might be able to use the time value...
Identify and discuss at least two ways you might be able to use the time value of money calculations in your personal life.
Identify and discuss at least two ways you might be able to use the time value...
Identify and discuss at least two ways you might be able to use the time value of money calculations in your personal life.
When might you be able to use present and future value computations in your own personal...
When might you be able to use present and future value computations in your own personal life? When might future value or present value come in handy?
Explain the concept of time value of money, including compounding and discounting. Consider how time value...
Explain the concept of time value of money, including compounding and discounting. Consider how time value of money applies to your personal life by addressing the following: Describe at least one specific personal situation in the past where the use of time value of money concepts would have helped you make a better decision. Explain how time value of money applies to this situation. Describe at least one specific personal situation that you expect to encounter in the future where...
Identify and explain two ways consumers use the Cloud. Discuss the pros and cons of using...
Identify and explain two ways consumers use the Cloud. Discuss the pros and cons of using the Cloud to store and share information.
Choose two of the theoretical perspectives on the family, and discuss how you might use it...
Choose two of the theoretical perspectives on the family, and discuss how you might use it to understand issues about life in your family orientation (born into) or family of procreation (family you make) or both.
1. think of ways in which a use case might not be able to capture all...
1. think of ways in which a use case might not be able to capture all of the functional requirements?   2. Can you think of functional requirements that couldn't be documented by using a combination of UML and Activity diagrams?
Discuss three ways IS might change a manager’s job; please be specific. Discuss two ways IT...
Discuss three ways IS might change a manager’s job; please be specific. Discuss two ways IT can alter an individual’s work? How can a manager ensure that the impact is positive rather than negative?
Social Influence. What are other ways that social influence can impact behavior? Discuss at least two...
Social Influence. What are other ways that social influence can impact behavior? Discuss at least two examples from the book (e.g., Milgram's experiment, Stanford Prison study, etc.) and examples that you may have noticed in your own life.
Financial managers and investors use time-value-of-money techniques when assessing the value of the expected cash flow...
Financial managers and investors use time-value-of-money techniques when assessing the value of the expected cash flow streams associated with investment alternatives. Indicate two aspects of the time-value-of-money that can also be of interest to you in personal finances.   Describe how the concepts of future and present value can be adopted into your daily life style. Will this additional understanding of time value make a difference to you or is it too complex to routinely adopt?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT