You have $600,000 saved for retirement. your account earns 5.5% interest. how much, to the nearest dollar, will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?
Alcoa was $10.02 a share yesterday. today it is at $9.75 a share. if you own 50 shares, did ou have capital gain or loss ? how much of a gain or loss did you have ? express the capital gain/loss as a percent of the original price