Respond to this Question
Similar Questions

accounting
Mr. Jones intends to retire in 20 years at the age of 65. As yet he has not provided for retirement income, and he wants to set up a periodic savings plan to do this. If he makes equal annual payments into a savings account that
asked by matt on June 10, 2009 
math 106
An employee saves for her retirement by depositing $1000 a quarter. She deposits her money in an annuity which pays a return of 2% a year compounded quarterly. What will the value of the annuity be after ten years ?
asked by james smith on June 17, 2017 
math
An employee saves for her retirement by depositing $1000 a quarter. She deposits her money in an annuity which pays a return of 2% a year compounded quarterly. What will the value of the annuity be after ten years? n = 4*10 = 40
asked by Lisa on June 18, 2017 
math
An employee saves for her retirement by depositing $1000 a quarter. She deposits her money in an annuity which pays a return of 2% a year compounded quarterly. What will the value of the annuity be after ten years? This is my
asked by Erica on June 17, 2017 
Math
Luis has $100,000 in his retirement account at his present company. Because he is assuming a position with another company, Luis is planning to "roll over" his assets to a new account. Luis also plans to put $2000/quarter into the
asked by Stacy on November 30, 2019 
Finance
You plan on depositing $10,000 at the end of each year for 30 years into a retirement account that pays 5% interest. How much could you withdraw annually in equal beginning of year amounts starting at the time you make your last
asked by LALA on January 13, 2017 
finite math
A young couple saves for a down payment on a house by depositing $100 each month into an annuity that pays a 4.8% annual rate. Find the amount in the annuity at the end of 2 years.
asked by j on March 27, 2015 
math
a) Enter your desired amount of money you wish to receive each month while retired = $ 2000 b) Upon retirement (40 years from now) you want to receive "x dollars" (amount of money you choose in Part a) each month for a period of
asked by Kathy F. on April 30, 2019 
math
Linda invests $15,000 in a retirement account that pays 9%interest compounded monthly. How much will she have in this account after 5 years?
asked by Blake on December 13, 2008 
Finance
Mr Joe is trying to plan for retirement in 10 years, and currently he has RM150,000 in a saving account and RM250,000 in common stocks. In addition, Mr Joe plans to add to his savings by depositing RM8,000 per year at the end of
asked by Noorain on November 18, 2015