subject
Business, 16.11.2019 02:31 TACOSDAILY

Derek plans to retire on his 65th birthday. however, he plans to work part-time until he turns 74.00. during these years of part-time work, he will neither make deposits to nor take withdrawals from his retirement account. exactly one year after he fully retires on the day he turns 74.0, he will wants to have $3,027,667.00 in his retirement account. he he will make contributions to his retirement account from his 26th birthday to his 65th birthday. to reach his goal, what must the contributions be? assume a 6.00% interest rate.

answer format: currency: round to: 2 decimal places.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 16:00, yesenia1162
What is used by accountant to analyze transactions ?
Answers: 2
image
Business, 22.06.2019 17:00, PlzNoToxicBan
Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?
Answers: 2
image
Business, 22.06.2019 21:00, nasrah
Dozier company produced and sold 1,000 units during its first month of operations. it reported the following costs and expenses for the month: direct materials $ 69,000 direct labor $ 35,000 variable manufacturing overhead $ 15,000 fixed manufacturing overhead 28,000 total manufacturing overhead $ 43,000 variable selling expense $ 12,000 fixed selling expense 18,000 total selling expense $ 30,000 variable administrative expense $ 4,000 fixed administrative expense 25,000 total administrative expense $ 29,000 required: 1. with respect to cost classifications for preparing financial statements: a. what is the total product cost
Answers: 2
image
Business, 22.06.2019 21:10, elijahedgar876
Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.
Answers: 3
You know the right answer?
Derek plans to retire on his 65th birthday. however, he plans to work part-time until he turns 74.00...

Questions in other subjects:

Konu
Mathematics, 28.08.2019 12:30