Business, 01.10.2019 16:30, shatj960

You are saving for retirement. to live comfortably, you decide you will need to save $ 4 million by the time you are 65. today is your 25 th birthday, and you decide, starting today and continuing on every birthday up to and including your 65 th birthday, that you will put the same amount into a savings account. if the interest rate is 3 %, how much must you set aside each year to make sure that you will have $ 4 million in the account on your 65 th birthday?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 18:20, jordan495413

Which of the following accurately describes a situation in which consumers have elastic demand? a. a restaurant starts using margarine instead of butter because butter becomes more expensive. b. consumers boycott a restaurant because the waiters aren't paid minimum wage. c. a company starts using sugar instead of corn syrup because its revenues are up. d. people give up eating pasta and bread because they want to lose weight. 2b2t

Answers: 1

continue

Business, 22.06.2019 08:30, Maelynne8515

In risk management, what does risk control include? a. risk identification b. risk analysis c. risk prioritization d. risk management planning e. risk elimination need this answer now : (

Answers: 3

continue

Business, 22.06.2019 12:40, payshencec21

Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.

Answers: 3

continue

Business, 22.06.2019 16:00, anonymous1813

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?

Answers: 3

continue

Do you know the correct answer?

You are saving for retirement. to live comfortably, you decide you will need to save $ 4 million by...