How Much Would You Need to Invest Per Month -

question 69

Short Answer

How much would you need to invest per month - in effect, continuously - in an investment account that pays an annual interest rate of 9%, compounded continuously, in order for the account to be worth $100,000 after 20 years? Enter just an integer representing dollars to the nearest dollar (no units)

Understand the concept of contribution margin and contribution per machine hour.

Comprehend the principle of target costing.

Calculate desired profit margin and understand its application in pricing.

Understand the relationship between current full cost, profit margin, and target selling price.

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Definitions:

Segment Assets

Assets that are allocated to a company's operational segments or divisions for the purpose of financial reporting.

Price/Earnings Ratio

A valuation metric for a company that measures its current share price relative to its per-share earnings.

Preferred Dividends

Payments made to preferred shareholders, often at a fixed rate, that take precedence over dividends to common shareholders.

Common Dividends

Profits distributed to shareholders of common stock, reflecting the company's earnings and financial health.