adam1420 adam1420
  • 25-01-2024
  • Mathematics
Answered

When you retire, you want to withdraw $100,000 per year from your retirement account. You wish to have enough money so you can do this for 25 years after retirement. You can earn 7%/year on your account. How much do you need to have in your account when you retire?



Answer :

Other Questions

You tossed some stones on a game board. This was your result. If you add the numbers, what is the total?
Choose all that apply. Identify the guidelines you should follow when writing goals. Break long-term goals into short-term goals. Make goals measurable. Keep th
You are laying on the ground 25 feet away from a tree and hear a bird. You look up at a 30 ∘ angle and see a mockingjay in the top of the tree.
Review what you know about graphs as you complete parts (a) through (d) below. Find the equation of the line graphed at right. What are its - and -intercepts? O
Sebastian originally sold his home in an installment sale for $300,000. At the time, his adjusted basis in the home was $220,000. He qualified for the Section 1