1 )A person invest $10,000 into an account that earns 6% in interest over 20 years....

1 )A person invest $10,000 into an account that earns 6% in interest over 20 years.

Do you think super PACs benefit society or make things worse? Explain.

Expert Solution

Super PAC's doesn't support the society much but it is very useful for investors and election candidates.

Rahul Sunny answered 2 years ago

Suppose you want to have $500,000 for retirement in 20 years. Your account earns 5% interest....

Suppose you want to have $500,000 for retirement in 20 years. Your account earns 5% interest. How much would you need to deposit in the account each month?

Today you decide to invest $10,000 in an investment account that earns 2% every quarter. Five...

Today you decide to invest $10,000 in an investment account that earns 2% every quarter. Five years from today $ ____________ will have accumulated in the account. (Round to the nearest penny.)

At the end of every year you deposit $2,000 into an account that earns 6% interest...

At the end of every year you deposit $2,000 into an account that earns 6% interest per year. What will be the balance in your account immediately after the 30th deposit?

An individual retirement account, or IRA, earns tax-deferred interest and allows the owner to invest up...

An individual retirement account, or IRA, earns tax-deferred interest and allows the owner to invest up to $5000 each year. Joe and Jill both will make IRA deposits for 30 years (from age 35 to 65) into stock mutual funds yielding 9.1%. Joe deposits $5000 once each year, while Jill has $96.15 (which is 5000/52) withheld from her weekly paycheck and deposited automatically. How much will each have at age 65? (Round your answer to the nearest cent.) Joe $...

Suppose you have $10,000 in a savings account that earns 4% interest. Further, suppose you were...

Suppose you have $10,000 in a savings account that earns 4% interest. Further, suppose you were to take all $10,000 out and start a business. After a year you sell the business for $15,000 a- What is the accounting profit you made on the sale of this business? b-What is the economic profit you made on the sale of this business?

If you invest $1,632 today and in years 1, 2 and 3 in an account that earns 4.28% APR (compounded annually), how much will you have in the account in 17 years?

Q1) Suppose you invest $104,105 today in an account that earns 08.00% interest annually. How much...

Q1) Suppose you invest $104,105 today in an account that earns 08.00% interest annually. How much money will be in your account 10 years from today? Q2) What is the value today, of single payment of $28,298 made 17 years from today, if the value is discounted at a rate of 25.00%? Q3) How many years would it take an investment of $763 to grow to $11,610 at an annual rate of return of 18.00%? Q4) How much money would...

Q1) Suppose you invest $20,958 today in an account that earns 02.00% interest annually. How much...

Q1) Suppose you invest $20,958 today in an account that earns 02.00% interest annually. How much money will be in your account 19 years from today? Q2) What is the value today, of single payment of $6,189 made 12 years from today, if the value is discounted at a rate of 14.00%? Q3) How many years would it take an investment of $264 to grow to $2,845 at an annual rate of return of 08.00%? Q4) How much money would...

Suppose you invest $100,000 in a mutual fund for 10 years. The fund earns 6% pretax...

Suppose you invest $100,000 in a mutual fund for 10 years. The fund earns 6% pretax per year, makes no annual distributions (and thus there is no income to be taxed each year) and you sell the fund at the end of the 10 years. You pay a 20% tax on capital gains and a 40% tax on ordinary income. What is the pre-tax total dollar accumulation at the end of 10 years? What is the after-tax total dollar accumulation at...

You want to be able to withdraw $30,000 each year for 20 years. Your account earns...

You want to be able to withdraw $30,000 each year for 20 years. Your account earns 8% interest. a) How much do you need in your account at the beginning? $ b) How much total money will you pull out of the account? $ c) How much of that money is interest? $

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