subject
Business, 18.11.2019 18:31 dragongacha777

You are a financial adviser working with a client who wants to retire in eight years. the client has a savings account with a local bank that pays 9% annual interest. the client wants to deposit an amount that will provide her with $1,000,000 when she retires. currently, she has $300,000 in the account. (fv of $1, pv of $1, fva of $1, and pva of $1) (use the appropriate factor(s) from the tables provided.) how much additional money should she deposit now to provide her with $1,000,000 when she retires?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:10
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
question
Business, 22.06.2019 22:00
What legislation increased the ability for federal authorities to tap telephones and wireless devices, tightened the enforcement of money laundering activities, as well as broadened powers toward acts of terrorism and acts such as drug trafficking?
Answers: 2
question
Business, 22.06.2019 23:10
Which investment has the liquidity and can be converted into cash easily?
Answers: 2
question
Business, 23.06.2019 04:20
What common business mistake can cost you everything
Answers: 1
You know the right answer?
You are a financial adviser working with a client who wants to retire in eight years. the client has...
Questions
question
Mathematics, 28.10.2020 04:20
question
English, 28.10.2020 04:30
question
Mathematics, 28.10.2020 04:30
question
Computers and Technology, 28.10.2020 04:30
question
Mathematics, 28.10.2020 04:30
question
Biology, 28.10.2020 04:30
Questions on the website: 13722367