Business, 20.12.2019 21:31 martinez18abdel

Charlie stone wants to retire in 30 years, and he wants to have an annuity of $1,000 a year for 20 years after retirement. charlie wants to receive the first annuity payment at the end of the 30th year. using an interest rate of 10%, how much must charlie invest today in order to have his retirement annuity (round to the nearest $10)?

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 21:50, kalcloud

The next dividend payment by savitz, inc., will be $2.08 per share. the dividends are anticipated to maintain a growth rate of 6 percent forever. if the stock currently sells for $42 per share, what is the required return?

Answers: 2

continue

Business, 22.06.2019 02:50, smariedegray

Acompany set up a petty cash fund with $800. the disbursements are as follows: office supplies $300 shipping $50 postage $30 delivery expense $350 to create the fund, which account should be credited? a. postage b. cash at bank c. supplies d. petty cash

Answers: 2

continue

Business, 22.06.2019 03:20, emilyplays474

Look at this check register. calculate the current balance. check date transaction (+) deposit balance 5/1 5/3 $82.92 debit 8.00 78.24 005 monthly fee phone bill paycheck 1 125.00 5/15 5/17 5/20 atm 40.00 56.50 006 t ennis lessons the current balance is?

Answers: 1

continue

Business, 22.06.2019 07:00, Maria3737

For the past six years, the price of slippery rock stock has been increasing at a rate of 8.21 percent a year. currently, the stock is priced at $43.40 a share and has a required return of 11.65 percent. what is the dividend yield? 3.20 percent 2.75 percent 3.69 percent

Answers: 3

continue

You know the right answer?

Charlie stone wants to retire in 30 years, and he wants to have an annuity of $1,000 a year for 20 y...