0
Explain If 42180.53 in a brokerage account and you plan to deposit 5000 at the end of every future year until you account totals 250000 You expect to earn 12percent anualy How many years will it take?
Wiki User
∙ 14y ago
Explain If 42180.53 in a brokerage account and you plan to deposit 5000 at the end of every future year until you account totals 250000 You expect to earn 12 percent anualy How many years will it take?
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is a margin account?
A " Margin Account" is a type brokerage account in which the broker-dealer lends the investor cash, using the account as collateral, to purchase
What is a commodity trading account for?
A commodity trading account is needed to trade commodities. One can use a commodity brokerage also, which would assist in the trading or purchasing of commodities.
What brokerage accounts does Bank of America offer?
Bank of America offer a range of brokerage accounts to customers. One can open an investment account and make trades with Merrill Lynch or use MLPF&S which is a broker-dealer and subsidiary of Bank of America.
What are three golden rules of accounting explain them in detail?
Real account personal account nominal account
Are the profits for selling covered calls in a taxable brokerage account considered earned income?
Not unless you are a professional trader. If you are a professional trader, you would know it.
Can you open a brokerage account with cash?
no you cannot pay in cash to open an brokerage account.
Is it possible to open a brokerage account online?
It is possible to open a brokerage account online through one of the online banking institutions. The Bank of America offers an online brokerage account.
What do I want with my brokerage account?
If you have a brokerage account but you don't know much about investing then a stock broker may be what you need. There are many brokerage firms that can help you with where to invest your money.
Who is the IRA plan trustee?
IRA brokerage account don't have trustee. They do have a custodial which would be the brokerage at which the IRA is held at.
When you buy stocks through a brokerage house do you always own the stock or does the brokerage house own the stock?
You own the stock in your account - it is held on your behalf by your brokerage firm
What are the different kinds of brokerage account types asked by Bradley Associates Spain?
Yes, actually brokerage houses offer clients a number of different accounts. The most common ones are a cash account, a margin account (cash and margin account), and an option account (cash, margin, and option account). Basically, these accounts represent different levels of credit and trustworthiness of the account holder as evaluated by the brokerage house.
Is brokerage account part of an estate?
Yes, all assets of the deceased account towards their estate.
What futures brokerage companies have had account freezes?
The companies of brokerage that ad account freezes are The Cedar Falls, PFGBest and MF Global. Other companies that had the same fate were CFTC and MT4 Forex.
Where can one purchase a silver etf?
"You can buy any type of ETF through a stock broker. Open up a brokerage account at your favorite brokerage, deposit money in the account, and buy the eft."
What is a margin account?
A " Margin Account" is a type brokerage account in which the broker-dealer lends the investor cash, using the account as collateral, to purchase
Do you need an online brokerage account if you want to start purchasing stocks?
It is best that you have an online brokerage account to help you when purchasing stocks. It is known to be less expensive to find one online as well and you knwo your money is secure.
What is the minimum age to start a brokerage account?
In order to open a brokerage account in your own name you must show proof that you are of legal age, usually 18 years old or in some states 21 years old.
