Business, 01.02.2021 21:20 jalenshayewilliams
You decide to open an IRS approved retirement account at your local brokerage firm. Your best estimate is that it will earn 11%. At the end of each year for the next 26 years, you will deposit $4,600 per year into the account (26 total deposits). Three years after the last deposit, you will begin making annual withdrawals.
Required:
a. How much money is in the account 1 year before the first withdrawal?
b. If you want to make 30 annual withdrawals, what amount will you be able to withdraw each year?
c. If you want the account to last forever, what amount will you be able to withdraw each year?
Answers: 3
Business, 22.06.2019 13:40, vanessam16
Salge inc. bases its manufacturing overhead budget on budgeted direct labor-hours. the variable overhead rate is $8.10 per direct labor-hour. the company's budgeted fixed manufacturing overhead is $74,730 per month, which includes depreciation of $20,670. all other fixed manufacturing overhead costs represent current cash flows. the direct labor budget indicates that 5,300 direct labor-hours will be required in september. the company recomputes its predetermined overhead rate every month. the predetermined overhead rate for september should be:
Answers: 3
Business, 23.06.2019 07:50, lizdeleon248
Three students were applying to the same graduate school. they came from schools with different grading systems. student gpa school average gpa school standard deviation thuy 2.9 3.2 0.8 vichet 83 75 20 kamala 8.6 8 0.4 which student had the best gpa when compared to other students at his school? explain how you determined your answer. (enter your standard deviation to two decimal places.) correct: your answer is correct. had the best gpa compared to other students at his school, since his gpa is 2.25 incorrect: your answer is incorrect. standard deviations correct: your answer is correct. his school's average gpa.
Answers: 3
You decide to open an IRS approved retirement account at your local brokerage firm. Your best estima...
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