Mathematics, 20.02.2020 01:58 MileenaKitana

On the day you retire you have $1,000,000 saved. You expect to live another 25 years during which time you expect to earn 6.19% on your savings while inflation averages 2.5% annually. Assume you want to spend the same amount each year in real terms and die on the day you spend your last dime. What real amount will you be able to spend each year? $61,334.36

Answers: 2

Show answers

Another question on Mathematics

Mathematics, 21.06.2019 14:30

Simonne used the following steps to simplify the given expression. 12 - 3(-2x + 4) step 1: 12 + (–3)·(–2x) + (–3)·(4) step 2: 12 + 6x + (–12) step 3: 12 + (–12) + 6x step 4: 0 + 6x step 5: 6x what property of real numbers was used to transition from step 3 to step 4? a. identity property of addition b. inverse property of addition c. associative property of addition d. commutative property of addition

Answers: 3

Answer

Mathematics, 21.06.2019 20:00

Can you me find the missing length. i attached an image.

Answers: 1

Answer

Mathematics, 21.06.2019 21:00

Which line is parallel to the line that passes through the points (2, –5) and (–4, 1) a. y=-x+5 b. y=-2/3x+3 c. y=2/3x-2 d. y=x+5

Answers: 2

Answer

Mathematics, 21.06.2019 21:50

Tamar is measuring the sides and angles of tuv to determine whether it is congruent to the triangle below. which pair of measurements would eliminate the possibility that the triangles are congruent

Answers: 1

Answer

You know the right answer?

On the day you retire you have $1,000,000 saved. You expect to live another 25 years during which ti...

Questions

Mathematics, 23.04.2021 21:20

Drag each tile to the correct box. Each function is a transformation of the parent sine function. Based on the period, which graph represents each tra...

Mathematics, 23.04.2021 21:20

The question is in the picture ...

Mathematics, 23.04.2021 21:20

A bag contains 2 red marbles and 3 black marbles. If Abby picks a marble without looking, returns it to the bag, and a then draws a second marble, w...