--%>
Assignment Help - homework help

Describe formula to figure out investments

Assume you are planning to make regular contributions in equivalent payments to an investment fund for your retirement. Which formula would you employ to figure out how much your investments will be worth at retirement time, specified an assumed rate of return on your investments?

To figure out how several your investments will be worth at retirement time, specified an assumed rate of return on your investments, you would employ the future value of an annuity formula:

Future Value of an Annuity Formula

12_sv.png

 

 

 

 

Here:    FVA  = Future Value of an Annuity

           PMT = Amount of each annuity payment

            k    = Interest rate per time period

            n    = Number of annuity payments

 

 

   Related Questions in Finance Basics

  • Q : What is Special Items of Expense

    Special Items of Expense: It is an expenditure category which covers nonrecurring big expenditures or special aim expenditures which usually need a separate appropriation (or else need separation for clarity).

    		•
  • Q : Bg explain factors that responsible for

    explain factors that responsible for the recent surge in international market

    		•
  • Q : Government requirements imposed on

    Describe some of the government requirements imposed onto a public corporation which are not imposed on a private, intimately held corporation? Public corporations ought to submit audited financial statements to the government for release to the

    		•
  • Q : Describe capital rationing Describe

    Describe capital rationing? Should a firm practice capital rationing? Why? Capital rationing is the practice of setting dollar restriction on what will be invested in new capital budgeting projects. Proprietorships, partnerships and private c

    		•
  • Q : What is Uniform Codes Manual Uniform

    Uniform Codes Manual (UCM): It is a document sustained by the Department of Finance that sets standards for codes and different other information employed in state fiscal reporting systems. Such codes recognize, for illustration, prog

    		•
  • Q : Explain Supplement-Schedule 7A

    Supplement (Schedule 7A): In such documents, for precedent year, authorized positions symbolize the number of real positions filled for that year. For present year, authorized positions comprise all regular ongoing positions accepted in the Budget Act

    		•
  • Q : What do analyze in pro forma financial

    Normal 0 false false

  • Q : Modify-open market operations-switching

    Normal 0 false false

    		•
  • Q : Four major phases of the business cycle

    Normal 0 false false

    		•
  • Q : Define Fiscal Impact Analysis Fiscal

    Fiscal Impact Analysis: Usually refers to a section of an analysis (example, bill analysis) which recognizes the costs and revenue impact of a proposal and, to the level possible, a particular numeric estimate for appropriate fiscal years.

    		•