subject
Business, 08.11.2019 23:31 gabrieljerron

You want to save sufficient funds to generate an annual cash flow of $55,000 a year for 25 years as retirement income. you currently have no retirement savings but plan to save an equal amount each year for the next 38 years until your retirement. how much do you need to save each year if you can earn 7.5 percent on your savings? select one: a. $3,333.33b. $2,640.85c. $3,146.32d. $2,889.04e. $3,406.16

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 07:30
When selecting a savings account, you should look at the following factors except annual percentage yield (apy) fees minimum balance interest thresholds taxes paid on the interest variable interest rates
Answers: 1
question
Business, 22.06.2019 16:40
Job 456 was recently completed. the following data have been recorded on its job cost sheet: direct materials $ 2,418 direct labor-hours 74 labor-hours direct labor wage rate $ 13 per labor-hour machine-hours 137 machine-hours the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $14 per machine-hour. the total cost that would be recorded on the job cost sheet for job 456 would be: multiple choice $3,380 $5,298 $6,138 $2,622
Answers: 1
question
Business, 22.06.2019 20:00
Modern firms increasingly rely on other firms to supply goods and services instead of doing these tasks themselves. this increased level of is leading to increased emphasis on management.
Answers: 2
question
Business, 22.06.2019 20:50
Power plants that rely on coal increase the amount of sulfur dioxide that dissolves into the air, eventually increasing the acidity of precipitation. the higher acidity of rain and snow can damage forests by making it more difficult for plants to absorb minerals from the soil. the equations below provide information about the market demand and supply of electricity. there is a constant marginal external cost of $25 per unit of electricity.d: qd= 200 – 2ps: qs=p – 10what quantity of electricity satisfies allocative efficiency in this market? a. 60b. 70c. 50d. 43.3
Answers: 2
You know the right answer?
You want to save sufficient funds to generate an annual cash flow of $55,000 a year for 25 years as...
Questions
question
English, 17.06.2020 04:57
question
Mathematics, 17.06.2020 04:57
question
Mathematics, 17.06.2020 04:57