Retirement fund-what is the monthly payment

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Reference no: EM13727285

If you want to have $1,250,000 at retirement in 32 years, how much will you have to save every two weeks at 10.5% to achieve the goal?

If you have $1,000,000 at retirement, how much can you withdraw every month over the 25 years of your retirement if the fund is earning 7.5%?

What is the monthly payment on a $22,000 car loan that has a maturity of 5 years and a rate of 10.25%?

You want to earn the equivalent of $3500 per month over the expected 25 years of your retirement. You plan to retire in 40 years and can earn 12% on your savings till retirement and 8% on the retirement fund once you retire. How much will you have to save every two weeks to meet your goal if inflation is expected to be 4% per year?

Reference no: EM13727285

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