Mathematics, 26.06.2021 03:20 sarahhope55
A 68 year old retiree has a pension savings of $40,000, a 401k of $63,000, and an IRA account of $59,000. Before 2008, he had 2% more cash in the pension, 12% more in the IRA, and 1% more in the 401k. He wants to take out 2% from each account before he turns 72, which will cost him a penalty of an extra 1% from the current total pension amount, 2% from the 401k, and 6% from the IRA. What amount will the retiree have in his IRA account if he takes that money out now? Do not include $ in answer. Example, if answer is $7, put 7.
Answers: 2
Mathematics, 21.06.2019 17:30
The marriott family bought a new apartment three years ago for $65,000. the apartment is now worth $86,515. assuming a steady rate of growth, what was the yearly rate of appreciation? what is the percent of the yearly rate of appreciation?
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