subject
Mathematics, 15.06.2020 23:57 maddynichole2017

At age 25, you decide to start your retirement account, and put $700 at the end of each quarter into an account paying 7.25% compounded quarterly. At age 54, you stop making payments into the account. Account continues to pay 7.25% compounded quarterly. A) You decide to retire at age 67. Amount you have in your account at age 54 and 67? B) If you’re living off this account once you retire, making monthly withdraws, for another 16 years, how much can you withdraw each month, assuming the account continues under the same compounding terms, 7.25% compounded quarterly? Amount you could withdraw quarterly? Amount you will be able to withdraw monthly?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
How do i do this activity, is appreciated
Answers: 3
question
Mathematics, 21.06.2019 23:30
I'm a polygon i have no parallel lines i am formed 3 line segments i have one right angle two of my angles are angles what am i
Answers: 1
question
Mathematics, 22.06.2019 01:30
Jon’s weight loss for each week of the month is 5 lbs., 2.5 lbs., and 2.5 lbs. he gained 3.5 lbs. the last week. if jon originally weighed 198 lbs., how much does he weigh now?
Answers: 1
question
Mathematics, 22.06.2019 01:50
Leonardo wrote an equation that has an infinite number of solutions. one of the terms in leonardo’s equation is missing, as shown below.
Answers: 2
You know the right answer?
At age 25, you decide to start your retirement account, and put $700 at the end of each quarter into...
Questions
question
Mathematics, 28.08.2019 04:00
question
Chemistry, 28.08.2019 04:00
Questions on the website: 13722359