subject
Mathematics, 30.10.2020 19:20 7obadiah

A person plans to retire today and expects to begin living off $75,000 received annually beginning one year from now and continuing until death. The person currently has $900,000 in savings that earns 8% interest annually. Will he has enough savings to accommodate this retirement plan? Please explain.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:00
Write 17/20 as a decimal and as a percent.
Answers: 2
question
Mathematics, 21.06.2019 18:30
Abus travels 36 miles in 45 minutes. enter the number of miles the bus travels in 60 minutes at this rate.
Answers: 2
question
Mathematics, 21.06.2019 20:30
Clarence wants to buy a new car. he finds an ad for a car that costs 27,200 dollars. suppose his local sales tax is 7%. -how much would he have to pay? -what is the cost of the car including tax? -if clarence has 29,864 saved, can he pay cash to buy the car?
Answers: 1
question
Mathematics, 21.06.2019 22:00
There are 3232 forwards and 8080 guards in leo's basketball league. leo must include all players on a team and wants each team to have the same number of forwards and the same number of guards. if leo creates the greatest number of teams possible, how many guards will be on each team?
Answers: 2
You know the right answer?
A person plans to retire today and expects to begin living off $75,000 received annually beginning o...
Questions
question
Mathematics, 02.12.2019 07:31
question
Chemistry, 02.12.2019 07:31