subject
Business, 30.10.2019 07:31 shaheedbrown06

11. nadine is retiring at age 62 and expects to live to age 85. on the day she retires, she has $402,000 in her retirement savings account. she is somewhat conservative with her money and expects to earn 6 percent during her retirement years. how much can she withdraw from her retirement savings each month if she plans to spend her last penny on the morning of her death? a. $1,909.92 b. $2,147.78 c. $2,219.46 d. $2,416.08 e. $2,688.77

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 02:00
Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?
Answers: 2
question
Business, 22.06.2019 04:40
What is ur favorite song and by who i know dis is a random question
Answers: 2
question
Business, 22.06.2019 18:00
Match the different financial task to their corresponding financial life cycle phases
Answers: 3
question
Business, 22.06.2019 23:30
Shelby bought her dream car, a 1966 red convertible mustang, with a loan from her credit union. if shelby paid 5.1% and the bank earned a real rate of return of 3.5%, what was the inflation rate over the life of the loan?
Answers: 2
You know the right answer?
11. nadine is retiring at age 62 and expects to live to age 85. on the day she retires, she has $402...
Questions
question
Mathematics, 05.11.2020 23:40