Business

Business, 27.06.2019 03:30, vegeta8375

Choose all that apply. select all of the advantages of a retirement account. tax free until you withdraw money when you retire highest interest rates deposits may be matched by the company you work for money is taken out of your paycheck before you pay taxes on it high penalties for making withdrawals

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Business, 10.07.2019 16:30, joynerjaila

You inherit $300,000 from your parents and want to use the money to supplement your retirement. you receive the money on your 65th birthday, the day you retire. you want to withdraw equal amounts at the end of each of the next 20 years. what constant amount can you withdraw each month and have nothing remaining at the end of 20 years if you are earning 7% interest compounded monthly? select one: a. $2,943 b. $1,829 c. $2,326 d. $1,200

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Mathematics, 16.07.2019 13:50, daijafoster0

Payout annuities: 1. you want to be able to withdraw $30,000 from your account each year for 15 years after you retire. you expect to retire in 30 years. if your account earns 5% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?

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Business, 24.07.2019 06:30, cookiem0nster

You want to be able to withdraw $35,000 from your account each year for 20 years after you retire. you expect to retire in 15 years. if your account earns 4% interest, how much will you need to deposit each year until retirement to achieve your retirement goals?

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Business, 05.11.2019 02:31, texas101st78

You would like to save $5,000 today, in preparation for retirement 30 years from now. you have to choose between putting it into one of the two plans describe below: i) pay no taxes toady, and put the money into an interest-bearing account. when you withdraw the money on retirement, you pay a 20% tax rate on the money taken from the account. (this is how an individual retirement account, or, ira works) ii) pay a tax rate of 15% of the investment amount today, when you put it into the account, but do not pay any tax when you withdraw funds at retirement. the interest rate you get is the same in both plans. a) what is the expected present discounted value of each of these plans if the interest rate is 1%? what if the interest rate is 10%? (note: you can do this with a calculator, but it’s going to be easier with a spreadsheet.) b) which plan would you choose in each case?

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