Reference no: EM13762924
A) Sam saved $500 at the end of every month in her retirement account for 10 years (during age 25-35) and then quit saving. However, she did not make any withdrawal until she turned 65 (i.e., 30 years after she stopped saving). Her friend Cat started saving $650 at the end of every year for 30 years during age 35 - 65.
What will be the difference in accumulated balances in their retirement accounts at age 65 if both earned an average return of 8% (compounded monthly) during the entire period?
$562,479; $31,591; $121,015; or $235,305
B) Steve is about to retire and wants to calculate the total worth of his retirement assets. He has a corporate pension paying $2250 at the beginning of every month. He is also entitled for Social Security benefits of $1450 at the beginning of every month. He also has a 401(k) plan with an accumulated balance of $480,000. The regular U.S. government bonds are yielding 5% and government inflation indexed bond provides a current return of 3.5% and his remaining life span is 20 years.
Compute the combined worth of Steve's retirement assets.
$1,073,099; $1,112,452; $1,065,197; or $1,034,568
|
Define a structure type
: Define a structure type to represent a single CD. The year must be stored as an integer, all other fields should be strings. Because memory space will be an issue you may not assume a length for the string fields, but must dynamically allocate app..
|
|
Leverage measure and about common stock
: Which one of the following statements about common stock is true? Substituting EBITDA for EBIT when computing the times interest earned ratio will make the company appear. Which one of the following is a leverage measure?
|
|
Current labor cost per car sold
: Suppose that a car dealership wishes to see if efficiency wages will help improve its salespeople's productivity. Currently, each salesperson sells an average of one car per day while being paid $20 per hour for an eight-hour day.
|
|
The causes of nursing home death
: What are some of the causes of nursing home deaths?
|
|
Compute the combined worth of steves retirement assets
: Steve is about to retire and wants to calculate the total worth of his retirement assets. He has a corporate pension paying $2250 at the beginning of every month. He is also entitled for Social Security benefits of $1450 at the beginning of every mon..
|
|
An exchange traded fund that invests in the stocks
: An exchange traded fund that invests in the stocks of large corporations is an example of
|
|
Her capital gain per share
: Sarah purchased a stock one year ago at a price of $32 a share. In the past year, she has received four quarterly dividends of $0.75 each. Today she sold the stock for $38 a share. Her capital gain per share is
|
|
Data manipulation in excel
: Data Manipulation in EXCEL-How to enter in data manually to an EXCEL spreadsheet and then create formulas to perform calculations on that data. In this lesson, you will learn how to import data to EXCEL from an external source,use tools built-in t..
|
|
Problems related to fingngerprint technology
: Explain the following for each fingerprinting method selected by the group.
|