Business, 03.01.2020 06:31 SketchWasTaken

You have just made your first $5,500 contribution to your retirement account. assume you earn a return of 10 percent per year and make no additional contributions.

a. what will your account be worth when you retire in 45 years? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)
b. what if you wait 10 years before contributing? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 13:30, Amrinderkhattra

How is a proportional tax different from a progressive tax? a. a proportional tax decreases with income level, but a progressive tax increases with income level. b. a proportional tax increases with income level, but a progressive tax decreases with income level. c. a proportional tax increases with income level, but a progressive tax is the same percentage for all. d. a proportional tax is the same percentage for all, but a progressive tax increases with income level.

Answers: 2

continue

Business, 22.06.2019 20:30, Roof55

When patey pontoons issued 4% bonds on january 1, 2018, with a face amount of $660,000, the market yield for bonds of similar risk and maturity was 5%. the bonds mature december 31, 2021 (4 years). interest is paid semiannually on june 30 and december 31?

Answers: 1

continue

Business, 23.06.2019 07:50, esperanzar3034

How do you know if two line segments are perpendicular?

Answers: 1

continue

Business, 23.06.2019 09:30, Gattuso

Which of these is true about a mandated reporter

Answers: 1

continue

You know the right answer?

You have just made your first $5,500 contribution to your retirement account. assume you earn a retu...