subject
Business, 25.02.2021 22:00 nmadrigal

Kwame Annan retired today with $2,500,000 in his retirement account. Kwame invests this amount in another retirement account that pays 6 percent per year. He plans to withdraw $11,200 a month from his retirement account and leave the rest (if any) as bequest to his descendants. If Kwame lives for 40 years in retirement, how much will he leave as bequest

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 10:30
You meet that special person and get married. amazingly your spouse has exactly the same income you do 47,810. if your tax status is now married filing jointly what is your tax liability
Answers: 2
question
Business, 22.06.2019 11:00
You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)
Answers: 3
question
Business, 22.06.2019 20:00
If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:
Answers: 1
question
Business, 22.06.2019 23:40
Gif the federal reserve did not regulate fiscal policy, monitor banks and provide services for banks, what would most likely be the economic conditions to transact business in the u.s.? the economy would primarily be based on a barter system rather than a fiat system. there would be no discrimination in lending by local banks. the economy would be less efficient and transactions most likely more costly.
Answers: 1
You know the right answer?
Kwame Annan retired today with $2,500,000 in his retirement account. Kwame invests this amount in an...
Questions
question
Chemistry, 30.06.2021 04:20
question
Chemistry, 30.06.2021 04:30
question
Mathematics, 30.06.2021 04:30