Questions LLC
Login
or
Sign Up
Ask a New Question
Questions
Math
What would the rate of return be on an Individual Retirement Account with a contribution of $2000.00, at 4% Interest rate, for 5 years?
1 answer
4% x 60month x 2000= 4800 I am really struggling with this problem.
You can
ask a new question
or
answer this question
.
Similar Questions
Find the final amount in the following retirement account, in which the rate of return on the account and the regular
Top answer:
first 7 years: i = .05/12 = .004166... n = 7(12) = 84 amount after 7 years = 470(1.041666...^84 -
Read more.
What is a true statement about a 401k deduction?(1 point) Responses It is a contribution to the workers retirement account It is
Top answer:
A and B
Read more.
What is a true statement about a 401k deduction?(1 point)
Responses It is a contribution to the workers retirement account It is
Top answer:
It is a contribution to the worker's retirement account
Read more.
What is a true statement about a 401k deduction?(1 point)
Responses It is a contribution to the workers retirement account It is
Top answer:
A and B
Read more.
At the end of each year a self-employed person deposits $1,500 in a retirement account that earns 10 percent annually. a) How
Top answer:
To answer these questions, we need to calculate the future value of the retirement account based on
Read more.
Given the following data for a post -retirement contribution
Annual contribution : 7500 tax bracket: 15%, Effective rate: 9% ,
Top answer:
To calculate the available retirement income after tax, follow these steps: 1. Determine the tax you
Read more.
Given the following data for a post -retirement contribution
Annual contribution : 7500 tax bracket: 15%, Effective rate: 9% ,
Top answer:
To calculate the available retirement income after taxes, you need to follow the instructions
Read more.
1. An employee has contributed with her employer to a retirement plan for 20 years a
certain amount twice a year. The
Top answer:
1. To calculate the semi-annual payment the employee should make, we can use the formula for the
Read more.
A 20 year old college student starts a retirement savings account with a monthly
contribution of $150 at an APR of 6% (compounded
Top answer:
i = .06/12 = .005 n = 12*45 = 540 evaluate: 150[ 1.005^540 - 1]/.005 = .....
Read more.
For:
13,000 contribution per year post retirement tax rate of 15% earning 6% yearly for 40 yrs calculate the contribution of post
Top answer:
To calculate the contribution of a post-tax retirement fund like a Roth IRA, we first need to
Read more.
Related Questions
you are thinking of retiring. your retirement plan will pay you either $250,000 immediately on retirement or $350,000 five years
Catherine Dohanyos plans to retire in 15 years. She will make 15 years of monthly contributions to her retirement account. One
You are planning to save for retirement over the next 35 years. To do this, you will invest $770 a month in a stock account and
"An ambulance driver invests 40,000$ in a retirement account for 1025 days. The interest rate is 5%, compounded every 2 months.
Contributing $1,500 to his retirement fund at the end of each year beginning at age 18 through age 50, with an average annual
You currently have $22,500 in your retirement account. What annual rate of return will you need to make on your investment in
Eloise is investing and retirement account. She plans on adding an additional $50 at the end of every year and the expected
Stephen wants to lower his tax liability by contributing to an Individual Retirement Account (IRA) for 2022. By what date must
if I deposited $625 in a retirement account per month and it had a return of 3.84% a year compounded monthly. How much will I
An Individual Retirement Account (IRA) has 17000 $ in it, and the owner decides not to add any more money to the