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Ramon's goal is to have 5000 after 4 years Is this possible if he invest with a rate of return of 6 Explain?
To determine if Ramon can reach his goal of $5,000 in 4 years with a 6% annual rate of return, we can use the formula for compound interest: ( A = P(1 + r)^t ). Rearranging the formula to find the principal ( P ), we have ( P = \frac{A}{(1 + r)^t} ). Plugging in the values: ( P = \frac{5000}{(1 + 0.06)^4} ), which calculates to approximately $3,964. If Ramon invests around $3,964 today, he will reach his goal of $5,000 in 4 years at a 6% return.
What else can I help you with?
Explain the two basic approaches for deciding whether to invest or not?
Net Present Value and Internal Rate of Return
10000 to invest in a stock portfolio. stock A expected return 18 and stock B expected return 11. create a portfolio with expected return of 16.25. how much to invest in stock A and stock B?
6000.00
Why do people invest money in stocks bond mutual funds?
To get more money. You invest because you are seeking a return.
Why do people invest money in stocks bonds and mutual funds?
To get more money. You invest because you are seeking a return.
Where can you invest 30000.00 for best return?
In your childs education trust.
Why were states willing to invest?
The return is faster than most
How do you spend 1 millon wisely?
Invest it in a business or activity that WILL return to you a profit.
Can a 401K plan keep up with the rising cost of inflation?
It depends on what you invest in in your 401(k). If you invest in stocks, their return typically outpaces inflation. Bonds return less, and so it's harder to outpace inflation. If you invest in cash, such as in a money market fund, then you won't outpace inflation.
What is the best penny stock to get a good return on?
Pennystockpro.info is very helpful when deciding which pennystock to invest in. They can help you with finding a company and choosing a stock to invest in.
Can you invest in navy federal cu?
NFCU is a standard credit union. You invest in it by being a member. Your return is through better interest rates on loans and on savings.
In 2000 Patti had the choice to invest 100000 in the housing market for five years or invest in a CD paying 4 compounded annually. If the 2000 CPI is 172.2 and the 2005 CPI is 195.0 ...Better option?
It is not possible to answer the question based in the information given since the increase in CPI does not reflect the return on the housing market.
If you have 20000 available for a quick return how would you invest it?
You can experiment by trading stocks, investing in mutual funds or CD's. There is not quick return with high reward. There are high risks for possible low reward. You could also buy gold or silver or even antiques and try to make a profit on them.
