subject
Mathematics, 07.10.2019 23:00 bigworm60

You plan to work for 40 years and then retire using a 25-year annuity. you want to arrange a retirement income of $3500 per month. you have access to an account that pays an apr of 6.0% compounded monthly. this requires a nest egg of $543,224.02. what monthly deposits are required to achieve the desired monthly yield at retirement?

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 20:40
Michelle is planting flowers in her garden. she wants the ratio of daises to carnations to be 3 to 2. michelle wants to plant a total of 35 flowers. how many daises should she plant?
Answers: 3
question
Mathematics, 21.06.2019 21:30
Suppose babies born after a gestation period of 32 to 35 weeks have a mean weight of 25002500 grams and a standard deviation of 800800 grams while babies born after a gestation period of 40 weeks have a mean weight of 27002700 grams and a standard deviation of 385385 grams. if a 3232-week gestation period baby weighs 21252125 grams and a 4040-week gestation period baby weighs 23252325 grams, find the corresponding z-scores. which baby weighs lessless relative to the gestation period?
Answers: 1
question
Mathematics, 21.06.2019 21:30
Two friends are reading books. jimmy reads a book with 21,356 words. his friend bob reads a book with one-and-a-half times as many words. which expression represents the number of words bob reads?
Answers: 3
question
Mathematics, 21.06.2019 23:00
Afamily went out to dinner and their bill was $113.if they want to leave a 19% tip, how much should they leave.
Answers: 2
You know the right answer?
You plan to work for 40 years and then retire using a 25-year annuity. you want to arrange a retirem...
Questions
question
Mathematics, 25.10.2019 21:43
question
Chemistry, 25.10.2019 21:43
Questions on the website: 13722367