Complete the following 6 steps to determine your retirement needs (financial). Please show your work and logic at each step. This entire
project can be completed using the information in Chapters 12 & 13 of the
textbook.
Determine what age you would like to retire (Minimum of 50 years of age)
Determine how much money you will need annually after you retire
(Prepare an approximate budget using today's cost)
Assuming a 3% inflation rate per year from now till the day you retire, how
much will you need per year at retirement?
Assuming you will live after retirement for 30 years and get a 6% annual
rate of return, how much money do you need at retirement? (The day you
retire)
Considering what you currently have saved for retirement (If none start with
$2,000), how much will you now need at retirement? (Choose your own
rate) This will reduce the amount calculated in #4
How much money will you need to save per year from now till retirement to
reach your retirement goal, given a 9% annual return?
Assuming you pass 10 years earlier than expected, how much money will be
left to pass on to your loved ones?

The balance sheet contains the following major sections: current assets long-term investments property, plant, and equipment intangible assets other assets current liabilities long-term liabilities contributed capital retained earnings accumulated other comprehensive income required: the following is a list of accounts. using the letters a through j, indicate in which section of the balance sheet each of the accounts would be classified. if an account does not belong under one of the sections listed, select "not under any of the choices" from the classification drop down box. for all accounts, indicate if the account is a contra account or an account that would normally be deducted on the balance sheet by selecting "yes" from the second drop down box, otherwise select "no". account classification contra or deducted (yes/no) 1. cash 2. bonds payable (due in 8 years) 3. machinery 4. deficit 5. unexpired insurance 6. franchise (net) 7. fund to retire preferred stock 8. current portion of mortgage payable 9. accumulated depreciation 10. copyrights 11. investment in held-to-maturity bonds 12. allowance for doubtful accounts 13. notes receivable (due in 3 years) 14. property taxes payable 15. deferred taxes payable 16. additional paid-in capital on preferred stock 17. premium on bonds payable (due in 8 years) 18. work in process 19. common stock, $1 par 20. land 21. treasury stock (at cost) 22. unrealized increase in value of available-for-sale securities

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.