What rate of return must you earn to achieve your goal?

K Assume that your parents wanted to have $130,000 saved for college by your 18th birthday and they started saving on your first birthday. They saved the same amount each year on your birthday and earned 45% per year on their investments. a. How much would they have to save each year to reach their goal? b. If they think you will take five years instead of four to graduate and decide to have $170,000 saved just in case, how much would they have to save each year to reach their new goal?

You plan to start your own business and are investing today to grow some seed money.  You have $16917 to invest and aim to have $24960 in 6 years.  What interest rate must you earn to meet your goal? Answer as a percent.  Include 2 decimal places

You are considering a retirement savings.  For this you will need to determine following information.  Average starting salary of you major. $73,000 Your annual retirement savings amount. 8% of annual income Your age when you start working. 23 years old Your age when you plan to retire.  58 Retirement account investment vehicle. This will determine the growth rate. ? idk what this is... When I retire I want to open a ice cream shop (this might help answer the question) Create an excel table with your age column, annual contribution, annual account balance.   Re-do the calculation with monthly contribution and find your account balance at your retirement.  Submit excel table with all your information.

Suppose that Kate is 45 years old and has no retirement savings. She wants to begin saving for retirement, with the first payment coming one year from now. She can save $20,000 per year and will invest that amount in the stock market, where it is expected to yield an average annual return of 5.00% return. Assume that this rate will be constant for the rest of her's life. In short, this scenario fits all the criteria of an ordinary annuity. Kate would like to calculate how much money she will have at age 60. Use the following table to indicate which values you should enter on your financial calculator. For example, if you are using the value of 1 for N, use the selection list above N in the table to select that value. Input Keystroke Output N Input Keystroke N Output I/Y Using a financial calculator yields a future value of this ordinary annuity to be approximately Kate would now like to calculate how much money she will have at age 65. Input Keystroke N Output Use the following table…

Sarah Wiggum would like to make a single investment and have ​$1.7 million at the time of her retirement in 40 years. She has found a mutual fund that will earn 6 percent annually. How much will Sarah have to invest​ today? If Sarah invests that amount and could earn a 13 percent annual​ return, how soon could she​ retire, assuming she is still going to retire when she has ​$1.7 ​million?  To have ​$1.7 million at​ retirement, the amount Sarah must invest today is ​$_________​(Round to the nearest​ cent.) see attachment for  PVIF table

Happy birthday! You are 30 years old today. You want to retire at age 60. You want to have $2, 900, 000 at retirement. Realistically, you know that the most that you can save from your 31st birthday until your 50th is $6, 250 per year (you only save on your birthdays!). How much do you have to save each year from your 51st to your 60th birthday in order to achieve your retirement goal if you can earn 6.5% on your savings?

Sav whether the stated currency has appreciated or depreciated. Ex rate at t=1 Ex rate at t=2 $1.09 Currency Swiss Franc $1.12 USD/Swiss USD/Swiss Franc Franc 125 yen/euro 130 yen/euro Euro 18 peso/CAD 21 peso/CAD Peso 7 RMB/USD 6.5 RMB/USD RMB

Calculate Quick Ratio: AKA the Acid Test

Jackie wants to retire with $ 2.1 million in savings by the time she turns 64. She is currently 23 years old. How much will she need to save each year, assuming she can get a 10% annual return on her investments? (show all inputs in your answer Training )M = N = I = PV = PMT = FV =