Investments will yield an annual rate of return

Assignment Help HR Management
Reference no: EM131383937

Suppose that you are 45 years old. You figure that your income will be such that you will be able to save for the next 10 years, until age 55. At age 55, your income will just cover your expenses. Finally, you expect to retire at age 65 and live until age 80. Suppose that you want to guarantee yourself income of $50,000 per year after retirement. How much should you put away every year, for the next 10 years, starting at the end of this year? Assume that your investments will yield an annual rate of return r = 12%.

Reference no: EM131383937

Questions Cloud

How did islam spread out of mecca and medina : How did Islam spread out of Mecca and Medina? How did the formation of the Caliphate create a strong Islamic state? Why do you think the split between Shi'ite and Sunni has endured to this day?
Prepare a paper that contains definition of cultural divers : Refer to the "Social and Cultural Paper Writing Instructions" for a detailed explanation of the requirements for the Social and Cultural Diversity Paper that you will be developing throughout the course.Prepare an outline of the paper that contains..
Investment of alicia accumulated and ongoing savings : The credit union has offered her a high-interest savings account with an interest rate of 8% compounded monthly for the next 4 years for the investment of Alicia's accumulated and ongoing savings.
Describe the specific issues this driving force creates : Choose one of the driving forces. Describe the specific issues this driving force creates, or will potentially create, for your organization or department.
Investments will yield an annual rate of return : Suppose that you want to guarantee yourself income of $50,000 per year after retirement. How much should you put away every year, for the next 10 years, starting at the end of this year? Assume that your investments will yield an annual rate of re..
Identify what you believe are the common threads : From your Premier Sport Psychology Mental Training System workbook, share your perspective about how an athlete's values and core strengths can be tied to motivation and if these values and motivations differ between amateur/youth athletes and eli..
Would you prefer that your personal z score be negative : What conclusion can you reach about ∑z?- Under what conditions would you prefer that your personal z score be negative rather than positive?
Opportunity cost of capital : You own 100 acres of timberland, with young timber worth $20,000 if logged today. This represents 500 cords of wood at $40 per cord. (cord is a unit of quantity for cut fuel wood.) After logging, the land can be sold today for $10,000 ($100 per ac..
Explain the business and the sustainability initiatives : Describe the business and the sustainability initiatives. Recommend another sustainability initiative the company should implement and why it makes sense for that business?

Reviews

Write a Review

 

HR Management Questions & Answers

  What is the foundation on which a commercial society is

what is the foundation on which a commercial society is built?please write two

  How do you think employee wellness programs will evolve

Analyze implications for the health care workforce and strategic human resources management in health care organizations, citing at least two resources to support your analysis.

  Show the public sector labor statute

Public Sector Labor Statute - Can you provide some directions on an example of a public sector labor statute order of a state

  Compare your colleague evaluation of the case with your own

Compare your colleague's evaluation of the case with your own. In what ways are your analyses similar or different? Provide a suggestion for how your colleague might improve his or her development objectives. Explain your rationale for your suggest..

  How specific learning style correlate to motivational theory

Discuss how specific learning styles can correlate to motivational theories and behavior styles. Create a list of 10 sample learning objectives that illustrate this correlation. Introduce and define skills and technical training. Describe various ..

  Labor relations performance evaluations and unionswhile

labor relations performance evaluations and unionswhile performance evaluations are part of most organizations unions

  Number of employees voluntarily quitting

Which term refers to the number of employees voluntarily quitting their jobs in a given period of time?

  Importance of managing people in business today

Given the importance of managing people in business today, discuss ONE of the following issues providing examples wherever possible. Format your report so that each section will be clearly identified.

  Find main issues with outsourcing in managerial accounting

Show outsourcing; identify the main issues with outsourcing in Managerial Accounting point of view

  Describe organizational structure of selected organization

Describe the organizational structure of your selected organization. Compare and contrast that structure with two different organizational structures.

  What are the purposes behind cpd

What are the purposes behind CPD and why has CPD become an essential part of the professional's toolkit when 20 years ago or more it was not?

  Issues and concerns with patch management

Essentially this documents will summarize everything you know about securing a system in an easy to follow checklist. You should try to provide a short and quick one sentence description on each setting or task that you are recommending in the ch..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd