Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Decision : Planning for Retirement Tom and Tricia are 22, newly married, and ready to embark on the journey of life. They both plan to retire 45 years from today. Because their budget seems tight right now, they had been thinking that they would wait at least 10 years and then start investing $2100 per year to prepare for retirement. Tricia just told Tom, though, that she had heard that they would actually have more money the day they retire if they put $2100 per year away for the next 10 years - and then simply let that money sit for the next 35 years without any additional payments - then they would have MORE when they retired than if they waited 10 years to start investing for retirement and then made yearly payments for 35 years (as they originally planned to do). Please help Tom and Tricia make an informed decision: Assume that all payments are made at the END a year (or month), and that the rate of return on all yearly investments will be 7% annually. (Please do NOT ROUND when entering "Rates" for any of the questions below) a) How much money will Tom and Tricia have in 45 years if they do nothing for the next 10 years, then put $2100 per year away for the remaining 35 years? b) How much money will Tom and Tricia have in 10 years if they put $2100 per year away for the next 10 years? b2) How much will the amount you just computed grow to if it remains invested for the remaining 35 years, but without any additional yearly deposits being made? c) How much money will Tom and Tricia have in 45 years if they put $2100 per year away for each of the next 45 years? d) How much money will Tom and Tricia have in 45 years if they put away $175 per MONTHat the end of each month for the next 45 years? (Remember to adjust 7% annual rate to a Rate per month!) (Round this rate per month to 5 places past the decimal example of rounding: .062134 = .06213 or 6.213% e) If Tom and Tricia wait 25 years (after the kids are raised!) before they put anything away for retirement, how much will they have to put away at the end of each year for 20 years in order to have $600,000 saved up on the first day of their retirement 45 years from today.
Discuss the two cash management models
harman electrical engineering hee has developed a ground-breaking new robotics technology already in use to build major
the widget industry in springfield is competitive with numerous buyers and sellers. consumers dont differentiate among
Its cost of goods sold is 75% of sales, and it finances working capital with bank loans at an 8% rate. Assume 365 days in year for your calculations.
dividend policy-1. discuss the view that dividend policy is a more detail and has no impact on a firm to its
question 1you are considering an investment in a new sub-industry of interest to your firm. to understand the
A corporation is attempting to raise $5,000,000 in new equity with a rights offering. The subscription price will be $40 each share. The stock currently sells for $50 each share and there are 250,000 shares were outstanding.
the genesis operations management team was excited to understand the various options for securing financing to fund the
Prepare an executive level report related to the target acquisition company's financial and operational strengths and weaknesses that addresses the acquiring company's internal management team
what is the preemptive right of common stockholders? in what type of company is the preemptive right important?
explain what would happen if the smoothing constant in an exponential smoothing model was equal to zero. explain what
Debate the differences between an alert-based decision support management accountability budgeting, monitoring, and reporting system and a standard reporting system that does not provide instant management information to the decision makers.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd