User Account

All Pages

How much can pull out at the end every year

Assignment Help Financial Accounting
Reference no: EM132982484

Problem 1: If Julie has $500,000 (Half million) in her retirement account. If she invests in a conservative investment that will provide a return of 3.5 % a year, and if she wants her money to last 30 years, how much can she pull out at the end every year for next 30 years 3.

Withdrawal amount Portfolio balance (PV)-500000 expected return : r3.50% period years30

Withdrawal annual amount (PMT)$27,185.67

Reference no: EM132982484

Questions Cloud

Create T accounts and enter the balances as at June : Cash, $6,440, Supplies, $1,000, Equipment, $66,000, Notes Payable, $49,600, Create T accounts and enter the balances as at June 30, 2021
What other reasons may explain the unexpected outcome? : What other reasons may explain this unexpected outcome? A firm has successfully grown Revenue and Profitability through carrying more inventory
How do compute the project irr and npv : Compute the project's IRR and NPV. Initial investment outlay of $40 million, consisting of $35 million for equipment and $5 million for net working capital
What is group dynamics : Mallika Garments Corp, wants to use some non conventional techniques of group decision making. What is group dynamics
How much can pull out at the end every year : How much can she pull out at the end every year for next 30 years 3. If Julie has $500,000 (Half million) in retirement account. If invests in a conservative
Determine the merchandise lost by fire : Determine the merchandise lost by fire, assuming a beginning inventory of $60,000 and a gross profit rate of 40% on net sales
What will be the portfolio expected return : If the risk-free rate is 8 percent and the expected return on the market portfolio is 14 percent, what will be the portfolio's expected return?
Prepare the adjusting entries for the items : Advertising supplies on hand at October 31 total $500. And the total advertising supplies at the begging of October is $2500. Prepare the adjusting entries
How many total information slips would the employee receive : How many total information slips would the employee receive? If an employee in Québec worked for an organization under two different Revenu Québec account.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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