ygbrazy6340 ygbrazy6340

05-10-2022
Business

Answered

you are saving for retirement. to live comfortably, you decide you will need to save million by the time you are . today is your birthday, and you decide, starting today and continuing on every birthday up to and including your birthday, that you will put the same amount into a savings account. if the interest rate is , how much must you set aside each year to make sure that you will have million in the account on your birthday? question content area bottom part 1 the amount to deposit each year is $ enter your response here. (round to the nearest dollar.)

Answer :

Other Questions

you have $300,000 saved for retirement. your account earns 9% interest. how much will you be able to pull out each month, if you want to be able to take withdra

your grandfather put some money in an account for you on the day you were born. you are now years old and are allowed to withdraw the money for the first time.

a stock pays regular dividend every year which growth at an annual rate of 5%. suppose your discount rate is 10% and you buy it at the beginning of year 0 knowi

how should you organize your report that discusses ways to improve the flow of purchase orders within your company? your manager is likely to be agreeable with

a product may be a tangible physical good or a service, or an intangible offering involving a deed, performance, or effort. to be successful, marketing managers

amara said, "elise, you mentioned that the data don’t show a clear trend in our website usage. can you elaborate on that — what kinds of trends were you looking

What is the prime rate? a. the prime rate is the best interest rate that banks offer their most creditworthy customers. b. the prime rate is the interest rate o

Legal association performs legal services for construction for on account with credit terms of /10, n/30. If pays the invoice within the discount period, wil

you’ve observed the following returns on crash-n-burn computer’s stock over the past five years: 8 percent, −15 percent, 19 percent, 31 percent, and 21 percent.

What recommendations would you give someone who wants to take advantage of compound interest but is not able to put away large sums of money on a regular basis?