subject
Business, 01.10.2019 22:20 Jasten

You are planning to save for retirement over the next 15 years. to do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. the return on the stock account is expected to be 7percent, and the bond account will pay 4 percent. when you retire, you will combine your money into an account with a 5 percent return. how much can you withdraw each month during retirement assuming a 20-year withdrawal period?

(a) $2,636.19
(b) $2,904.11
(c) $3,008.21
(d) $3,037.36
(e) $3,406.97

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 17:00
Which basic economic questions deals with the issue of how the incomeof people in various occupations is determined
Answers: 1
question
Business, 22.06.2019 18:30
What is the relationship between credit and debt?
Answers: 1
question
Business, 23.06.2019 00:00
Todd and jim learned that in building a business plan, it was important for them to:
Answers: 1
question
Business, 23.06.2019 01:10
1. alwaysrain irrigation, inc. would like to determine capacity requirements for the next four years. currently, two production lines are in place for making bronze and plastic sprinklers. three types of sprinklers are available in both bronze and plastic: 90-degree nozzle sprinklers, 180-degree nozzle sprinklers, and 360-degree nozzle sprinklers. management has forecast demand for the next four years as follows: both production lines can produce all the different types of nozzles. the bronze machines needed for the bronze sprinklers require two operators and can produce up to 12,000 sprinklers. the plastic injection molding machine needed for the plastic sprinklers requires four operators and can produce up to 200,000 sprinklers. three bronze machines and only one injection molding machine are available. what are the capacity requirements for the next four years? (assume that there is no learning.)
Answers: 1
You know the right answer?
You are planning to save for retirement over the next 15 years. to do this, you will invest $1,100 a...
Questions
question
Geography, 07.01.2022 01:00
question
Social Studies, 07.01.2022 01:00
question
Mathematics, 07.01.2022 01:00
question
Mathematics, 07.01.2022 01:00
question
Social Studies, 07.01.2022 01:00
question
Health, 07.01.2022 01:00
Questions on the website: 13722361