We are doing something called D.E.R(debt equity ratio), G.D.S.R in reverse, and sample 2 part case study with recommendations.
Also a reminder that we have a test next Thursday?
Showing posts with label Bobick. Show all posts
Showing posts with label Bobick. Show all posts
Tuesday, September 21, 2010
D.E.R and G.D.S.R
Today is September 21st, second day of randomising blog scribe's. Of course I was chose second.
We are doing something called D.E.R(debt equity ratio), G.D.S.R in reverse, and sample 2 part case study with recommendations.
Also a reminder that we have a test next Thursday?
We are doing something called D.E.R(debt equity ratio), G.D.S.R in reverse, and sample 2 part case study with recommendations.
Also a reminder that we have a test next Thursday?
Wednesday, September 15, 2010
Number 13 Solution
QUESTION:
Forrest wants to have $250,000 saved by the age of 40 so that he can travel for 5 years. He currently had $5,000 invested and plans to invest money every month into an account that gives a 9.3% rate of return. How much should he invest if inflation is estimated to be 2.6% per year over that period?
ANSWER:
He invests $535.52 monthly.
Forrest wants to have $250,000 saved by the age of 40 so that he can travel for 5 years. He currently had $5,000 invested and plans to invest money every month into an account that gives a 9.3% rate of return. How much should he invest if inflation is estimated to be 2.6% per year over that period?
ANSWER:
He invests $535.52 monthly.
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