subject
Business, 02.02.2021 03:00 fhggggy5680

Consider a person who begins contributing to a retirement plan at age 25 and contributes for 40 years until retirement at age 65. For the first ten years, she contributes $2,000 per year. She increases the contribution rate to $4,000 per year in years 11 through 20. This is followed by increases to $9,000 per year in years 21 through 30 and to $14,000 per year for the last ten years. This money earns a return of 8 percent. First compute the value of the retirement plan when she turns age 65.

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 06:00, aliami0306oyaj0n
Use this image to answer the following question. when the economy is operating at point b, the us congress is most likely to follow
Answers: 3
image
Business, 22.06.2019 08:30, isaicruz2018
Which actions can you improve your credit score? (multiple can be selected)having a good credit score should be your prime objective as credit companies analyze your creditworthiness before giving you a loan. there are certain guidelines you can follow to ensure you have a good credit score. always pay your mortgage interest on time. if you are a student, make student loan inquiries before taking any loan. if you have multiple credit cards, manage them judiciously. maintain a healthy balance in your bank account.1. always pay your mortgage interest on time.2. if you are a student, make student loan inquiries before taking any loan.3. if you have multiple credit cards, manage them judiciously.4. maintain a healthy balance in your bank account.
Answers: 1
image
Business, 22.06.2019 12:50, sunshine0613
Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.
Answers: 3
image
Business, 22.06.2019 15:30, thall5026
Calculate the required rate of return for climax inc., assuming that (1) investors expect a 4.0% rate of inflation in the future, (2) the real risk-free rate is 3.0%, (3) the market risk premium is 5.0%, (4) the firm has a beta of 2.30, and (5) its realized rate of return has averaged 15.0% over the last 5 years. do not round your intermediate calculations.
Answers: 3
You know the right answer?
Consider a person who begins contributing to a retirement plan at age 25 and contributes for 40 year...

Questions in other subjects:

Konu
Biology, 25.06.2019 00:50