subject
Business, 08.10.2019 22:20 rozalee14

You are saving for retirement. to live comfortably, you decide you will need to save $ 2 million by the time you are 65. today is your 22nd birthday, and you decide, starting today and continuing on every birthday up to and including your 65th birthday, that you will put the same amount into a savings account. if the interest rate is 5%, how much must you set aside each year to make sure that you will have $ 2 million in the account on your 65th birthday?

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 04:00, callmedarthvadorplz
You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)
Answers: 1
image
Business, 22.06.2019 12:50, 20170020
Kyle and alyssa paid $1,000 and $4,000 in qualifying expenses for their two daughters jane and jill, respectively, to attend the university of california. jane is a sophomore and jill is a freshman. kyle and alyssa's agi is $135,000 and they file a joint return. what is their allowable american opportunity tax credit after the credit phase-out based on agi is taken into account?
Answers: 1
image
Business, 22.06.2019 21:40, cutierosie5136
Which of the following distribution systems offers speed and reliability when emergency supplies are needed overseas? a. railroadsb. airfreightc. truckingd. pipelinese. waterways
Answers: 2
image
Business, 22.06.2019 23:00, lolo8787
The five steps to financial success a. five money myths b. five foundations
Answers: 1
You know the right answer?
You are saving for retirement. to live comfortably, you decide you will need to save $ 2 million by...

Questions in other subjects:

Konu
History, 20.10.2019 06:30
Konu
Social Studies, 20.10.2019 06:30
Konu
Health, 20.10.2019 06:30