Acouple will retire in 50 years; they plan to spend about $26,000 a year in retirement, which should last about 25 years. they believe that they can earn 9% interest on retirement savings. a. if they make annual payments into a savings plan, how much will they need to save each year? assume the first payment comes in 1 year. (do not round intermediate calculations. round your answer to 2 decimal places.)

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

In a partnership, loans taken out by the general partners are binding on the limited partners. aren't a liability of either the general or limited partners aren't binding on the limited partners. are null and void.