Homework Help: business math

Posted by Heather on Monday, April 5, 2010 at 9:05pm.

After looking at the results of her calculations, Naomi has decided to aim for $500,000 savings by the time she retires. She expects to have a starting salary after college of $25,000 to $35,000 and she has taken into account all of the living expenses that will come out of her salary. What will Naomi's annual deposits need to be accumulate $500,000 in a CD at 6%?

No one has answered this question yet.

Answer this Question

Related Questions

business math - After looking at the results of her calculations, Naomi has ...
math - After looking at the results of her calculations, Naomi has decided to ...
Math - Please help check my answers to make sure they are correct. I used the &...
MATH - Please help check my answers to make sure they are correct. I used the &...
business math - If Naomi invests in a stock portfolio, her returns for 10 or ...
business math - If Naomi invests in a stock portfolio, her returns for 10 or ...
business math - #3 of case study: If Naomi invests in a stock portfolio, her ...
math - if naomi wants to accumulate 1,000,000 by investing money every year into...
Math - What was the percent increase in the mean population from 1950 to 2000? ...
business - Analyze the following scenario: Duncombe Village Golf Course is ...

For Further Reading

First Name:
School Subject:
Answer: