Marcia stubern is planning for her golden years she will

Reference no: EM13620958

Marcia Stubern is planning for her golden years. She will retire in 20 years, at which time she plans to begin withdrawing $60,000 annually. She is expected to live for 20 years following her retirement. Her financial advisor thinks she can earn 9% annually. How much does she need to invest each year to prepare for her financial needs after her retirement?

1) Amount to be needed in 20 years:

2) Amount to be deposited an

Reference no: EM13620958

Questions Cloud

What unique property charcteristic is share by an ideal gas : what unique property charcteristic is share by an ideal gas and an incompressible substance i.e. a liquid this

Dime a dozen diamonds makes synthetic diamonds by treating : dime a dozen diamonds makes synthetic diamonds by treating carbon. each diamond can be sold for 120. the materials cost

Calculate the one temperature at which fahrenheit and : a calculate the one temperature at which fahrenheit and celsius thermometers agree with each other.b calculate the one

Research has shown that 80 of patinets with a particular : research has shown that 80 of patinets with a particular chronic condition improve as a result of surgery. assuming

Marcia stubern is planning for her golden years she will : marcia stubern is planning for her golden years. she will retire in 20 years at which time she plans to begin

A 90 kg mess kit sliding on a frictionless surface : a 9.0 kg mess kit sliding on a frictionless surface explodes into two 4.5 kg parts one moving at 3.0 ms due north and

If the analysis of variance f test leads to the conclusion : if the analysis of variance f test leads to the conclusion that at least one of the model parameters is non-zero can

Although faust corporation has customers dispersed : although faust corporation has customers dispersed throughout the united states the company has maintained its

Determine the distance s traveled by the 10 kg cart before : the system is released from rest with no slack in the cable and with the spring unstretched. determine the distance s

User Account

All Pages