subject
Business, 13.02.2020 04:47 am2016832

Prof. Business will have $1,600,000 saved up by retirement at age 65. The retired professor expects to live 20 more years after retiring. How large of an annual annuity withdrawal can Prof. Finance make at the beginning of each year under this scenario from an account paying 6.5% compounded annually?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 16:50
Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?
Answers: 2
question
Business, 22.06.2019 22:00
What resourse is both renewable and inexpensive? gold coal lumber mineral
Answers: 1
question
Business, 23.06.2019 00:40
Assume the total cost of a college education will be $250,000 when your child enters college in 17 years. you presently have $69,000 to invest. what annual rate of interest must you earn on your investment to cover the cost of your child’s college education? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Answers: 2
question
Business, 23.06.2019 07:30
Anew manufacturing technology makes it easier to make the product and causes a shift in the supply curve. what is the new equilibrium point after implementing the new technology? (hint: determine which direction a easier production shifts the supply curve and use that direction to pick the resulting equilibrium point.) $6 and 20,000 $4 and 30,000 $6 and 30,000 $4 and 20,000
Answers: 3
You know the right answer?
Prof. Business will have $1,600,000 saved up by retirement at age 65. The retired professor expects...
Questions
question
Computers and Technology, 01.04.2020 19:41
question
Biology, 01.04.2020 19:41
question
Mathematics, 01.04.2020 19:41
question
Computers and Technology, 01.04.2020 19:41
question
Mathematics, 01.04.2020 19:41
Questions on the website: 13722361