Mathematics, 05.10.2019 03:00, emmilicious

Lila and paul are investing $5000 in their registered retirement saving plans, rrsps, at 6% per annum, compounded quarterly. how much will each investment be worth when they reach 60, if lila makes the deposit on her 38th birthday and paul makes the deposit on his 48th birthday

Answers: 1

Show answers

Similar questions

Mathematics, 18.07.2019 18:10, lestessanders02

Investing dr. bishop is saving mun est is com- dren to college. how much will he need to invest now 8% compounded quarterly if he wants the accumula is com- value of the investment to be $20,000 in 12 years? 34. investing ramero plans to buy a new car three years fro is com- now. rather than borrow at that time, he plans to invest pas of a small inheritance at 7.5% compounded semiannually to cover the estimated $6000 trade-in difference. how s com- much does he need to invest if he starts investing now? 35. investing the tanners have received an $8000 gift from one of their parents to invest in their child's college edu. cation. they estimate that they will need $20,000 in 12 years to achieve their educational goals for their chil what interest rate compounded semiannually would tanners need to achieve this goal? 36. investing when she took early retirement $50,000 from a savings plan she had company while she was still working! own business and work for herself retiring completely. she estimates th start the business sectas in mind com- veri- ded ed ton

Answers: 2

continue

Mathematics, 22.07.2019 19:30, aharvitt0417

If angela has $500 to invest at 2.5% per annum compounded quarterly, how long will it be before she has $750?

Answers: 1

continue

Mathematics, 04.08.2019 04:10, zainababbas25

1. heather makes regular contributions to her registered retirement savings plan (rrsp). which investment schedule would provide for the greatest accumulated amount after one year? a) $1200 invested on january 1 and on july 1 at 6% compounded semi-annually. b) $600 invested on january 1, april 1, july 1, and october 1 at 6% compounded quarterly. c) $2400 invested on january 1 at 6% compounded annually. d) $200 invested on the first day of each month at 6% compounded monthly. 2. an investment of $350 in blue chip stocks grows to $358.24 in 8 months. if this growth rate were to continue for a year, what would be the annual return on investment, roi? a)1.54% b) 1.92% c) 3.53% d) 0.68% 3. you purhased 47 shares in addle computers in 1999 for $3.25/share. today you want to sell them for $31.92/share and invest the entire amount in canada savings bonds, which you feel are less risky. canada savings compound interest bonds are currently issued earning 734% interest, compounded annually. what is the return on investment, roi, on the addle shares and what will the maturity value for the canada savings bond be if it matures in 7 years? a) roi is 8.82% and the mv is $10,616.25 b) roi is 882% and the mv is $2,374.44 c)roi is 8.82% and the mv is $2,314.12 d) roi is 882% and the mv is $2,529.77 4. if you invest $2,000.00 for 6 years in each of the following guaranteed investment certificates (gics), how much greater are your earnings with the best one than with the worst one? i. 8% compounded annually ii. 7.75% compounded quarterly iii. 7.5% compounded daily a) $37.27 b) $6.21 c) $24.85 d)$33.42 5. your parents are saving for your post secondary education so they want $18,000 in a savings account for you in 5 years. how much should be invested now at 5.8% annual interest, compounded weekly, in order to save enough for your schooling? a) $24,051.60 b) $9,876.53 c) $13,587.44 d) $13,470.92

Answers: 1

continue

Mathematics, 21.08.2019 07:10, cieswa46054

Need asap no rocky if you invest $5000 at 1.8% for five years, compounded quarterly, what is the amount in t if you invest $5000 at 1.8% for five years, compounded quarterly, what is the amount in the account at the end

Answers: 3

continue

Do you know the correct answer?

Lila and paul are investing $5000 in their registered retirement saving plans, rrsps, at 6% per annu...

Questions in other subjects:

Mathematics, 08.08.2022 02:30

Kylie has a modern quarter with a mass of 5.623 g and an older silver quarter with a mass of 6.24 g What is the combined mass of the quarters?...

Mathematics, 08.08.2022 02:30

Which of the following best completes the proof showing that ΔWXZ ~ ΔXYZ? triangles WXZ and XYZ that share side XZ with right angle XZW, WZ equals 12, XZ equals 6, and YZ equals...

Engineering, 08.08.2022 02:30

A) Your friend is faced with a situation i n whi ch t here is a difficulty in choosi ng bet ween what he/she is being asked t o do and what is consistent wit h appropriate...

Mathematics, 08.08.2022 02:50

The sum of 2 numbers is 70.4. One number is 19 times the other and the smaller number is less than 5. What are the two numbers?...

English, 08.08.2022 03:20

Contrast mr m's and thami's views on the role of teachers and education...

Law, 08.08.2022 05:10

Suppose you have a collision involving another car with a single occupant, the driver. It is your fault. No one is seriously hurt, but the other driver chooses to go to the emergen...

Computers and Technology, 08.08.2022 05:20

What is formula ? Write the steps to enter a formula. computer...

Mathematics, 08.08.2022 06:50

121 slabs . How many slabs will she need to lay in each row to make a square...

Physics, 08.08.2022 07:00

4. Four objects are situated along the y axis as follows: a 2.00kg object is at +3.00m, a 3.00kg object is at +2.50m, a 2.50kg object is at the origin, and a 4.00kg object is at -0...

Social Studies, 08.08.2022 14:20

Briefly, discuss the findings in a study conducted by Donner, Fridell, and Jennings (2016) pertaining to the relationship between self-control and police misconduct. In doing so, d...

Other tasks in the category: Mathematics More task