subject
Business, 16.02.2021 01:00 normakite

Barry Cuda has estimated that he will live for 25 years after he retires at age 67. He would like to be able to withdraw $90,000 annually from his retirement account for those 25 years assuming his account during retirement earns 6% annual interest. If Barry has 20 years until he retires, how much will he need to save annually at 9% to reach his goal

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:20
What is the purpose of taking a personality inventory assessment? a. to find out what personality traits you should acquire for a successful career b. to identify your personality traits and relate them to a suitable career c. to compare your personality traits with those of successful people in different careers d. to identify aspects of your personality that you can improve with the of a counselor
Answers: 3
question
Business, 21.06.2019 20:40
Astock is selling today for $50 per share. at the end of the year, it pays a dividend of $3 per share and sells for $58. a. what is the total rate of return on the stock? (enter your answer as a whole percent.) b. what are the dividend yield and percentage capital gain? (enter your answers as a whole percent.) c. now suppose the year-end stock price after the dividend is paid is $42. what are the dividend yield and percentage capital gain in this case? (negative amounts should be indicated by a minus sign. enter your answers as a whole percent.)
Answers: 1
question
Business, 21.06.2019 23:00
The impact fiscal multiplier is a. usually estimated to have an average value of 2. b. usually estimated to have an average value of 0. c. the actual immediate multiplier effect of a fiscal policy action after taking into consideration direct fiscal offsets and other short-term crowding out of private spending. d. the multiplier effect of a fiscal policy action that applies to a long-run period after all influences on equilibrium real gdp have been taken into account.
Answers: 3
question
Business, 21.06.2019 23:30
Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below
Answers: 1
You know the right answer?
Barry Cuda has estimated that he will live for 25 years after he retires at age 67. He would like to...
Questions
question
Mathematics, 04.05.2021 19:30
question
Mathematics, 04.05.2021 19:30
question
Mathematics, 04.05.2021 19:30
question
Mathematics, 04.05.2021 19:30
question
Chemistry, 04.05.2021 19:30