Acompany collects 25% of its sales during the month of sale, 65% one month after the sale, and 10% two months after the sale. the company expects sales of $50,000 in august, $80,000 in september, $90,000 in october, and $60,000 in november. how much money is expected to be collected in october? a. $22,500 b. $79,500 c. $90,000 d. $55,000

Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. she will invest in a mutual fund that's expected to provide a return of 7.5% per year. she plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. under these assumptions, how much can she spend each year after she retires? her first withdrawal will be made at the end of her first retirement year.