subject
Business, 21.04.2021 19:40 mepuppy5000

At retirement, you have saved $800,000 in your employer's savings plan. They have offered to convert this money to an annual payment of $70,000 for the next 30 years. What is the interest rate of this annuity?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:00
In its first year of operations, crane company recognized $31,700 in service revenue, $7,700 of which was on account and still outstanding at year-end. the remaining $24,000 was received in cash from customers. the company incurred operating expenses of $16,600. of these expenses, $12,690 were paid in cash; $3,910 was still owed on account at year-end. in addition, crane prepaid $3,260 for insurance coverage that would not be used until the second year of operations.
Answers: 3
question
Business, 21.06.2019 19:20
What impact did the economic opportunities in pennsylvania and new york have on virginia? a. virginia planters started to migrate to new york. b. new yorkers began buying up cheap virginia real estate. c. virginians found themselves resorting increasingly to slavery. d. virginians loosened their slave laws to attract more migrants.
Answers: 2
question
Business, 21.06.2019 23:30
Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?
Answers: 3
question
Business, 22.06.2019 02:30
The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.
Answers: 1
You know the right answer?
At retirement, you have saved $800,000 in your employer's savings plan. They have offered to convert...
Questions
question
Social Studies, 20.07.2019 02:30
Questions on the website: 13722367