Calculate the value of funds needed

Reference no: EM1368601

An engineer planning for retirement decides that she wants to have income of $100,000 per year for 20 years with the first withdrawal beginning 30 year from now. If her retirement account earns interest at 8% per year, the annual amount she would have to deposit 29 years beginning 1 year from now is.

Reference no: EM1368601

Questions Cloud

Write python program which imports three dictionaries : Write a Python program called hours.py which imports three dictionaries, and uses the data in them to calculate how many hours each person has spent in the lab.

Estimating return on total assets : Use the following information from a company's pro forma financial statements to calculate the following profitability ratios for the firm, assuming that all stocks are common stocks:

Explain where ip best solution method : Post note describing an example where IP would be the best solution method. at lease 100 words. Where do we go from here with Operations Research and Management Science?

Find the equation of the new demand curve : Starting with estimated demand function for Chevrolets given Problem 2, suppose that the average value of the independent variables changes to n=225 million,

Calculate the value of funds needed : An engineer considering for retirement decides that she wants to have income of $100,000 per year for 20 years with the first withdrawal starting 30 year from now.

Explain boolean formula is minimal : Boolean formula is minimal if there is no shorter Boolean formula which is equivalent to . Let MIN-FORMULA = { | is a minimal formula }. (a) Show that MIN-FORMULA (b) PSPACE.

Computing additional funds needed : Sales for year just ended were $500, and fixed assets were used at 80% of capacity. Current assets and accounts payable vary directly with sales.

Describe marginal propensity : Suppose that Melanie had 200000 of disposable income and spent 180,000 on consumption in 2006 & had 300,000 of disposable income & spent 240,000 on consumption in 2007

User Account

All Pages