How much more money will you have after 40 years

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You invest $2,091.00 at the beginning of every year and your friend invests $2,091.00 at the end of every year. If you both earn an annual rate of return of 3.82% , how much more money will you have after 40 years?

You currently have $1,921.00 in a retirement Savings account that earns an annual return of 11.16% . You want to retire in 39.0 years with 1,000,000. How much more do you need to Save at the end of every year to reach your retirement goal?

You would like to retire in 35.0 years. The expected rate of inflation is 2.37% per year. You currently have a standard of living that requires $7,971.00 of monthly expenses. Assuming you want to maintain the Same standard of living in retirement, what are your monthly expenses expected to be the first year of retirement?

Reference no: EM132144463

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