subject
Business, 25.11.2020 03:10 kromaug1517

You believe you will spend $240,000 a year for 25 years once you retire in 17 years. If the interest rate is 3.90% per year. (Do not round intermediate calculations. Round your answer to 2 decimal places.) a. How much must you need saved once you reach retirement. $ b. how much must you save each year until retirement to meet your retirement goal

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 06:10
Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y
Answers: 1
question
Business, 22.06.2019 11:00
Your debit card is stolen, and you report it to your bank within two business days. how much money can you lose at most? a. $500 b. $25 c. $50 d. $150
Answers: 2
question
Business, 22.06.2019 12:20
In terms of precent, beer has more alcohol than whiskey true or false
Answers: 1
question
Business, 22.06.2019 20:40
Aggart technologies is considering issuing new common stock and using the proceeds to reduce its outstanding debt. the stock issue would have no effect on total assets, the interest rate taggart pays, ebit, or the tax rate. which of the following is likely to occur if the company goes ahead with the stock issue? a. the roa will decline.b. taxable income will decline.c. the tax bill will increase.d. net income will decrease.e. the times-interest-earned ratio will decrease
Answers: 1
You know the right answer?
You believe you will spend $240,000 a year for 25 years once you retire in 17 years. If the interest...
Questions
question
English, 29.08.2019 18:30
question
Mathematics, 29.08.2019 18:30
Questions on the website: 13722359