subject
Business, 28.10.2020 06:00 jraghubir50

Richard Gorman is 65 years old and about to retire. He has $420,000 saved to supplement his pension and Social Security and would like to withdraw it in equal annual dollar amounts so that nothing is left after 15 years. How much does he have to withdraw each year if he earns 9 percent on his money? If he earns 9 percent on his money, the amount he will have to withdraw each year is $ . (Round to the nearest cent.)

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 18:00
Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?
Answers: 1
question
Business, 22.06.2019 19:10
The stock of grommet corporation, a u.s. company, is publicly traded, with no single shareholder owning more than 5 percent of its outstanding stock. grommet owns 95 percent of the outstanding stock of staple inc., also a u.s. company. staple owns 100 percent of the outstanding stock of clip corporation, a canadian company. grommet and clip each own 50 percent of the outstanding stock of fastener inc., a u.s. company. grommet and staple each own 50 percent of the outstanding stock of binder corporation, a u.s. company. which of these corporations form an affiliated group eligible to file a consolidated tax return?
Answers: 3
question
Business, 22.06.2019 21:20
How success was the first day of the bus boycott
Answers: 1
question
Business, 22.06.2019 21:30
The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was
Answers: 1
You know the right answer?
Richard Gorman is 65 years old and about to retire. He has $420,000 saved to supplement his pension...
Questions
question
Social Studies, 18.03.2021 02:10
question
Mathematics, 18.03.2021 02:10
question
History, 18.03.2021 02:10
question
Chemistry, 18.03.2021 02:10
question
Mathematics, 18.03.2021 02:10
Questions on the website: 13722363