Dani is 22 and plans to invest for 40 years and retire at 62. During the
FIRST 35 years, she and her company combined will contribute $750
MONTHLY into her company's 401K plan (she pays $500 and her company
matches $250). She is investing in mutual funds that have averaged 9%
annual return. How much will she have at age 57 at the end of her 35th
year of employment?
Answers: 1
Business, 22.06.2019 13:20
Suppose your rich uncle gave you $50,000, which you plan to use for graduate school. you will make the investment now, you expect to earn an annual return of 6%, and you will make 4 equal annual withdrawals, beginning 1 year from today. under these conditions, how large would each withdrawal be so there would be no funds remaining in the account after the 4th withdraw?
Answers: 3
Business, 22.06.2019 13:30
If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?
Answers: 2
Business, 22.06.2019 13:40
Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
Answers: 3
Dani is 22 and plans to invest for 40 years and retire at 62. During the
FIRST 35 years, she and he...
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