Saturday
March 28, 2015

Homework Help: financial management

Posted by sajida on Sunday, March 31, 2013 at 11:05am.

your are planning to retire in twenty years. you want to be able to draw your savings at the rate of $10,000 per end of year. How much would you have to pay in equal annual deposits until retirement to meet your objectives. assume interest remain at 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...
Finance - You wish to retire in 12 years and currently have $50,000 in a savings...
finance - Barbara wants to save money to meet 2 objectives: i. She would like to...
Finance - You are now 30 years old. You plan to retire in 30 years, and expect ...
Business - A. Joe won a lottery jackpot that will pay him $12,000 each year for ...
Personal Finance - 1. Joe won a lottery jackpot that will pay him $12,000 each ...
Accounting - Mr. jones intends to retire in 20 years at the age of 65. As yet he...
personal finance - A.After a protracted legal case, Joe won a settlement that ...
personal finance - After a protracted legal case, Joe won a settlement that will...
math - Jeanette wishes to retire in 30 years at age 55 with retirement savings ...

Members