Business, 19.09.2019 17:10 juniorracer148

Derek plans to retire on his 65th birthday. however, he plans to work part-time until he turns 72.00. during these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account. exactly one year after the day he turns 72.0 when he fully retires, he will begin to make annual withdrawals of $124,626.00 from his retirement account until he turns 91.00. after this final withdrawal, he wants $1.08 million remaining in his account. he he will make contributions to his retirement account from his 26th birthday to his 65th birthday. to reach his goal, what must the contributions be? assume a 8.00% interest rate.

Answers: 2

Show answers

Another question on Business

Business, 21.06.2019 21:30

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

Answers: 2

Answer

Business, 22.06.2019 15:10

You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers: 1

Answer

Business, 22.06.2019 15:40

Brandt enterprises is considering a new project that has a cost of $1,000,000, and the cfo set up the following simple decision tree to show its three most likely scenarios. the firm could arrange with its work force and suppliers to cease operations at the end of year 1 should it choose to do so, but to obtain this abandonment option, it would have to make a payment to those parties. how much is the option to abandon worth to the firm?

Answers: 1

Answer

Business, 22.06.2019 19:20

Win goods inc. is a large multinational conglomerate. as a single business unit, the company's stock price is estimated to be $200. however, by adding the actual market stock prices of each of its individual business units, the stock price of the company as one unit would be $300. what is win goods experiencing in this scenario? a. diversification discount b. learning-curveeffects c. experience-curveeffects d. economies of scale

Answers: 1

Answer

You know the right answer?

Derek plans to retire on his 65th birthday. however, he plans to work part-time until he turns 72.00...

Questions