Business, 24.10.2019 16:43 isobelbunney
Edna is 30 and plans to retire at 50. that's 20 years of saving for retirement. edna will make a deposit into the retirement savings account once a year at the end of the year. once she retires, edna will live for 40 years. edna wants to plan for a retirement pay of $100,000 at the end of each year. the discount rate is 8%. some time-value-of-money factors are available: present value of an ordinary annuity, 40 years, 8% 11.92461 future value of an ordinary annuity, 20 years, 8% 45.7620 what yearly deposit should edna make from age 30 to 50 to achieve her goal?
Answers: 1
Business, 22.06.2019 04:40
Select the correct answerwhat is the responsibility of each of the twelve federal reserve's banks in their districts? a.they set the prime rateob.they monitor functioning of banks in their through onsite and offsite reviewsc.they assess taxes in their destnictd.they write fiscal policies
Answers: 1
Business, 22.06.2019 07:30
Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?
Answers: 2
Business, 22.06.2019 17:10
At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)
Answers: 3
Edna is 30 and plans to retire at 50. that's 20 years of saving for retirement. edna will make a dep...
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