Solved: Steve and his wife christine recently opened an investment, Business Management

Steve and his wife christine recently opened an investment

Steve and his wife Christine recently opened an investment account with the intention of saving enough to purchase a house. Their goal is to have $45,000 for a down payment in 5 years. Their account will guarantee them a return of 8% compounded annually. How much do they need to put into the account right now to reach their goal?

$30,626.24.
$39,546.09.
$46,778.96.
$51,214.75.

Solution Preview :

Prepared by a verified Expert

Business Management: Steve and his wife christine recently opened an investment

Reference No:- TGS01662066

Now Priced at $10 (50% Discount)

Recommended (94%)

Rated (4.6/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Discuss nurse is caring for a client who has herpes zoster

A nurse is caring for a client who has herpes zoster and asks the nurse about the use of complementary and alternative therapies for pain control

Discussion about youth worker at a community centre

You are a youth worker at a community centre. One day, a teenager you work with comes to you with concerns about their safety at home.

Withdraw the correct dose of regular insulin

A nurse is caring for a client who has a prescription for 5 units of regular insulin and 10 units of NPH insulin to mix together and administer subcutaneously

Discuss connection between calorie restriction and longevity

Problem: Which of the following statements about the connection between calorie restriction and longevity is accurate?

What if obtaining a series of specimens of occult blood

Problem: While obtaining a series of specimens of occult blood. Which instructions should practical nurse PN provide the client?

How to improve the health and well-being of the population

Following the 1979 surgeon general's report, the nation's health became the focal point of many activities. A specific document outlined goals

Treatment plan for adult client with alzheimers disease

Music therapy is included In the treatment plan for an older adult client with Alzheimer's disease Which outcome indicate to the practical nurse (PN)

Solution Preview :

Prepared by a verified Expert

Business Management: Steve and his wife christine recently opened an investment

Reference No:- TGS01662066

Have a Question? (oR Write a Review)

Recent Questions Asked Business Management

Q : In class we talked about how both newspapers and motion

Q : Explain the concept of the disciplining context and why

Q : Add a new folder to the dbc web site named qacs create a

Q : According to michael porter whose ideas about

Q : Steve and his wife christine recently opened an investment

Q : Define the leaders and managers approach mindset to solving

Q : Code a web page using php to display the data in service

Q : Create a user named gg-user with the password

Q : Write an opinion editorial for a local or national