In: Finance

Sarah Wiggum would like to make a single investment and have $2.3 million at the time of her retirement in 30 years. She has found a mutual fund that will earn 5 percent annually. How much will Sarah have to invest today? If Sarah earned an annual return of 14 percent .how soon could she then retire?. If Sarah can earn 5percent annually for the next 30 years, the amount of money she will have to invest today is

1.Sarah Wiggum would like to make a single investment and have
$1.8 million at the time of her retirement in 30 years. She has
found a mutual fund that will earn 5 percent annually. How much
will Sarah have to invest today? If Sarah earned an annual return
of 15 percent, how soon could she then retire?
2. Lance Murdock purchased a wooden statue of a Conquistador for
$ 7,000 to put in his home office 8 years ago. Lance...

(Future value) Sarah Wiggum would like to make a single lump-sum
investment and have $1.6 million at the time of her retirement in
30 years. She has found a mutual fund that expects to earn 7
percent annually. How much must Sarah invest today? If Sarah earned
an annual return of 15 percent, how much must she invest today?
a. If Sarah can earn 7 percent annually for the next 30 years,
how much will she have to invest today?...

Joyce would like to make a single investment and have 2
million at the time of her retirement in 35 years. She has found a
Mutual Fund that will earn 4% annually. How much will Joyce have to
invest today? (Show your work)

Mary would like to retire in 30 years with at least $2.3 million
in her account. However, she is seeking an overdraft of $120,000 to
buy furniture for her new house today. A bank is ready to give her
the overdraft and charges an interest rate of 6% per year. What
deposit will she have to make into her account at the start of
every quarter to achieve her goal?

you would like to retire 20 years from now and have an
investment worth $3 million at that time. Currently, you have
$200,000 in your account and plan to add $10,000 to that account
each year. What annual rate of return must you earn on average to
achieve your goal?
a) 10.42% b) 12.77% c) 12.86% d) 14.07% e) 12.25%
An investment is expected to produce cash flows of $1,000 at the
end of each of the next 6 years,...

BCC is looking to acquire ZZP Co. This investment will cost $2.3
million and is expected to give BBC returns of $680,000 yearly for
the next 11 years. ZZP has a beta of 2.1. The current treasury bond
rate is 3.7% while the stock market return is 14.9%. Calculate the
risk-adjusted discount rate for ZZP and the risk-adjusted NPV.
Should BBC acquire ZZP? State your reasons.

You would like to make a special lysis buffer for single worm
PCR. The buffer contains 25 mM KCl, 50 mM Tris HCl (pH 8.3), 5 mM
MgCl2 and 0.090% NP40, 0.9% Tween20 and 0.01% (w/v
gelatin). 50 ug/mL Proteinase K is added immediately before use.
You have powder KCl, 1M Tris HCl (pH 8.3), 250 mM MgCl2,
100% NP40 and 100% Tween-20 and powder gelatin. The Proteinase K
stock solution is at a concentration of 1 mg/mL.
a] If...

If I would like to invest $15,000 today and have it grow to $2
million by the time I retire, how long will I need wait if my money
earns 8.75%? Round the answer to the nearest whole number.

Sarah would like to purchase a condo in Vancouver. She currently
rents an apartment for $4,500 per month. The condo she is looking
at costs $1,600,000. She intends to put $300,000 down. The condo
has monthly condo fees of $300/month, property taxes of $200/month
and repairs of $100/month. She can obtain a 30-year mortgage for 3%
per year compounded monthly.
There are the following closing costs at purchase:
Land transfer tax $20,000
Legal fees $1,500
There are the following closing...

Sarah would like to purchase a condo in Vancouver. She currently
rents an apartment for $4,500 per month. The condo she is looking
at costs $1,600,000. She intends to put $300,000 down. The condo
has monthly condo fees of $300/month, property taxes of $200/month
and repairs of $100/month. She can obtain a 30-year mortgage for 3%
per year compounded monthly.
There are the following closing costs at purchase:
Land transfer tax $20,000
Legal fees $1,500
There are the following closing...

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