+1-415-670-9189
info@expertsmind.com
Earn eight percent on investments
Course:- HR Management
Reference No.:- EM13817775




Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> HR Management

a. Inflation is expected to average four percent for the long term and Mr. Smith earned $50,000 this year. How much must he earn in 20 years just to keep up with inflation and maintain the balance between his income and his increasing expenditures?

b. Jamie wants to have $2,000,000 for her retirement in 25 years. How much should she save annually if she thinks she can earn 10 percent on her investments?

c. The Flemings will need $100,000 annually for 20 years during retirement. How much will they need at retirement if they can earn a four percent rate of return?

d. The Hamptons want to have $3,500,000 for their retirement in 30 years. How much should they save annually if they think they can earn eight percent on their investments?




Put your comment
 
Minimize


Ask Question & Get Answers from Experts
Browse some more (HR Management) Materials
Mary has worked for Bob for two years. About 6 months ago, Bob asked Mary out to dinner. They had a good time together and agreed that they had some real interests in common
Purpose of HR Recruitment and Selection Plan, The purpose of the HRRecruitment and Selection Plan is to make certain Abdulla Hosani Laundry Company has sufficient staff with t
Pointing out that Easterlin had little data to work with 35 years ago, Stevenson and Wolfers draw their conclusions from data about more countries, including poor ones, over l
Disney Cruise Line is a popular tourism operator in the global market offering services related to ship cruises. Tourism industry has seen dramatic changes since a decade peri
The ability to learn--to expand upon your existing knowledge and skills---has become a defining characteristic of those that are successfully employed. Briefly DEFINE the 3 PR
What led to the development of sanitary landfills? How do sanitary landfills differ from open dumps? Describe how a sanitary landfill is created. How does this type of landf
You recently heard from a friend at ABC Company that there will be a managerial position opening at the company within the next two weeks. The position has not yet been post
What is the business case for effective talent acquisition? Make your best argument to persuade senior management to put more time, effort, and energy into the hiring proces