Wednesday
April 23, 2014

Homework Help: finance

Posted by Anonymous on Sunday, April 3, 2011 at 11:33am.

A 45-year-old woman decides to put funds into a retirement plan. She can save $2,000 a year and earn 9 percent on this savings. How much will she have accumulated if she retires at age 65. At retirement how much can she withdraw each year for 20 years from the accumulated savings if the savings continue to earn 9%?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Finance - You wish to retire in 12 years and currently have $50,000 in a savings...
math - interest rates/annuity - Plan to save $5000 per year for retirement with ...
Finance - You are now 30 years old. You plan to retire in 30 years, and expect ...
Finance - You are 45 years of age and your asporation is to retire in 17 years ...
math - 3. (TCO A) The following questions are worth 5 points each. Please show ...
corporate finance - 1)You have just turned 30 years old, have just received your...
finance: retirement planning - Tyrone, age 25, expects to retire at age 60. He ...
finance - Suppose that you are 25 years old and you have two options to save ...
Finance - Your client is 40 years old and she wants to begin saving for ...
Finance - You plan to open a retirement account. Your employer will match 50 ...

Search
Members