Business, 16.07.2019 18:20 Gearyjames8
Retirement planning hal thomas, a 25-year-old college graduate, wishes to retire at age 65. to supplement other sources of retirement income, he can deposit $2,000 each year into a tax-deferred individual retirement arrangement (ira). the ira will earn a 10% return over the next 40 years. a. if hal makes annual end-of-year $2,000 deposits into the ira, how much will he have accumulated by the end of his sixty-fifth year? b. if hal decides to wait until age 35 to begin making annual end-of-year $2,000 deposits into the ira, how much will he have accumulated by the end of his sixty-fifth year? c. using your findings in parts a and b, discuss the impact of delaying making de- posits into the ira for 10 years (age 25 to age 35) on the amount accumulated by the end of hal’s sixty-fifth year. d. rework parts a, b, and c, assuming that hal makes all deposits at the beginning, rather than the end, of each year. discuss the effect of beginning-of-year deposits on the future value accumulated by the end of hal’s sixty-fifth year.
Answers: 2
Business, 22.06.2019 00:30
You wants to open a saving account.which account will grow his money the most
Answers: 1
Business, 22.06.2019 07:10
Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?
Answers: 1
Business, 22.06.2019 13:30
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, pete’s three children, naomi, daniel, nick; fred’s three children, heather, chris and steve; and lucy’s two children, david and rachel. jose’s will states the following “i leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.” which of the following statements is correct? (a) under jose’s will rachel will receive $150,000. (b) under jose’s will chris will receive $150,000. (c) under jose’s will nick will receive $100,000. (d) under jose’s will pete will receive $200,000.
Answers: 1
Business, 22.06.2019 22:30
Perry is a freshman, he estimates that the cost of tuition, books, room and board, transportation, and other incidentals will be $30000 this year. he expects these costs to rise about $1500 each year while he is in college. if it will take him 5 years to earn his bs, what is the present cost of his degree at an interest rate of 6%? if he earns and extra $10000 annually for 40 years, what is the present worth of his degree.?
Answers: 3
Retirement planning hal thomas, a 25-year-old college graduate, wishes to retire at age 65. to suppl...
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