Business, 23.10.2021 21:10 marklynr9955

Calculate the amount they will need to save each year to reach that number. Hint: You know they have already saved something, that is their current, or present value. You know what they need in the future (calculated in question #11). The number of years until they reach retirement and the interest rate are given, solve for the required annual payment. It is critical that you watch your signs... remember that the starting amount and the payments are both deposits (or inputs) while the retirement will be a withdrawal (or output). How much do they need to save annually to accomplish their retirement goal? Enter the answer as a whole, positive number.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 19:10

King fisher aviation is evaluating an investment project with the following case flows: $6,000 $5,500 $7,000 $8,000 discount rate 14 percent what is the discounted payback period for these cash flows if the initial cost is 15,000? what if the initial cost is $12,000? what if the cost is $16,000?

Answers: 1

Answer

Business, 22.06.2019 07:40

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Answers: 3

Answer

Business, 22.06.2019 12:10

The cost of the beginning work in process inventory was comprised of $3,000 of direct materials, $10,000 of direct labor, and $10,000 of factory overhead. costs incurred during the period were comprised of $15,000 of direct materials costs, and $100,000 of conversion costs. the equivalent units of production (eup) for the period were 9,000 for direct materials and 6,000 for conversion. the costs per eup were:

Answers: 3

Answer

Business, 22.06.2019 17:10

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)

Answers: 3

Answer

You know the right answer?

Calculate the amount they will need to save each year to reach that number. Hint: You know they have...

Questions