Business
Business, 13.11.2019 06:31, madimocaj

Monica has decided that she wants to build enough retirement wealth that, if invested at 8 percent per year, will provide her with $4,400 of monthly income for 20 years. to date, she has saved nothing, but she still has 25 years until she retires.

how much money does she need to contribute per month to reach her goal? (do not round intermediate calculations. round your final answer to 2 decimal places.)

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Business, 17.09.2019 23:00, ochoacesar2000
Richard e-mailed me that he and monica differed about the impact of his extra spending over the past 15 years. he calculated it at about $3,000 a year. he said the total cost of $45,000 was well within his capability to make up. monica said the cost was much higher and asked that they compute it. they had been offered an investment of $20,000 that would pay $70,000 in 20 years. they want to know if they should take it. finally, richard could sign up for an annuity at work. it would cost $100,000 at age 65 and provide payments of $8,000 per year over his expected 17-year life span. he wants to know if it is attractive. the appropriate market rate of return on investments is 7 percent after tax. calculate what the $3,000-per-year deficit, had it been invested, would have amounted to at the end of the 15-year period.
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Business, 20.09.2019 04:30, cristianTalonzo
Your job pays you only once a year for all the work you did over the previous 12 months. today, december 31, you received your salary of $52,000 and you plan to spend all of it. however, you want to start saving for retirement beginning next year. you have decided that one year from today you will begin depositing 10 percent of your annual salary in an account that will earn 9.2 percent per year. your salary will increase at 3 percent per year throughout your career. how much money will you have on the date of your retirement 40 years from today?
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Business, 01.10.2019 21:00, starr34
Your job pays you only once a year, for all the work you did over the previous 12 months. today, december 31, you just received your salary of $70,000 and you plan to spend all of it. however, you want to start saving for retirement beginning next year. you have decided that one year from today you will begin depositing 8 percent of your annual salary in an account that will earn 11 percent per year. your salary will increase at 4 percent per year throughout your career. how much money will you have on the date of your retirement 45 years from today?
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