subject
Business, 02.09.2020 20:01 Claysn9094

Your sister turned 35 today and she is planning to save $7 000 per year for retirement, with the first deposit to be made one year from today. She will invest in a mutual fund that's expected to provide a return of 7.5 % per year. She plans to retire 30 years from today , when she turns 65, and she expects to live for 25 y ears after retirement, to age 90. Under these assumptions, how much can she spend each year after she retires? Her first withdrawal will be made at the end of her first retirement year.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 16:10
Acustomer has come to your department with an urgent question. you promised her that you would collect information about her question and answer it by noon. it will take you at least 20 minutes to gather the information needed to provide an answer. it is now 11: 50 a.m. your supervisor just scheduled a 30-minute meeting to start at noon. this meeting is for all employees in your department. you decide to:
Answers: 2
question
Business, 21.06.2019 18:20
James sebenius, in his harvard business review article: six habits of merely effective negotiators, identifies six mistakes that negotiators make that keep them from solving the right problem. identify which mistake is being described. striving for a “win-win” agreement results in differences being overlooked that may result in joint gains.
Answers: 2
question
Business, 22.06.2019 05:30
Laurelton heating & cooling installs and services commercial heating and cooling systems. laurelton uses job costing to calculate the cost of its jobs. overhead is allocated to each job based on the number of direct labor hours spent on that job. at the beginning of the current year, laurelton estimated that its overhead for the coming year would be $ 61 comma 500. it also anticipated using 4 comma 100 direct labor hours for the year. in april comma laurelton started and completed the following two jobs: (click the icon to view the jobs.) laurelton paid a $ 20-per-hour wage rate to the employees who worked on these two jobs. read the requirements requirement 1. what is laurelton's predetermined overhead rate based on direct labor hours? determine the formula to calculate laurelton's predetermined overhead rate based on direct labor hours, then calculate the rate. / = predetermined overhead rate
Answers: 2
question
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
You know the right answer?
Your sister turned 35 today and she is planning to save $7 000 per year for retirement, with the fir...
Questions
question
German, 11.12.2020 02:40
question
Business, 11.12.2020 02:40
question
Mathematics, 11.12.2020 02:40
question
English, 11.12.2020 02:40
question
Mathematics, 11.12.2020 02:40
Questions on the website: 13722362