your retirement account earns 7%, compounded quarterly. how much must the account contain when you retire if you want to withdraw $4000 at the end of each quarter for 30 years?

Answers

Answer 1

Your retirement fund earns 7% on a quarterly compounded basis. In order to withdraw $4000 every year for 30 years, we must have $228128.2 there in account.

How do Withdrawal effects work?

In some circumstances, requirements must be satisfied in order to withdraw money without incurring fees, and fees for exit tax typically apply when a provision of an acquisition deal is broken.

What is a withdraw example?

Individuals could experience side effects as they stop and use a narcotic or cut back on their intake. For instance, if you skip your daily cup of coffee, you can experience the weariness, headache, and irritability associated with caffeine consumption. The signs of withdrawal point to a dependency on the substance.

Briefing:

d=$4000

r=7%=0.07

r=0.07/4=0.0175

t=30

Number of withdrawals overall N=12^* 30=360

= d(1-(1+r)^(-N) )/r

0=4000(1-(1+0.0175)^(-360) )/0.0175

=4000(1-(1.0175)^(-360) )/0.0175

Withdrawal = 228128.2

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Related Questions

How do businesses compete for customers?

Answers

Answer:

marketing team and review resources

Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction

Answers

Answer: A

Explanation

Careers emerging to improve environmental conditions include:


sanitary engineer

red physician

environmental geologist

green architect

Answers

Answer: The answer is green architect & environmental geologist.

Explanation:

Answer:

green architect and environmental geologist

Explanation:

Which is considered a tertiary source?

A.) A Wikipedia article

B.) An autobiography

C.) A government record

D.) A journal entry

Answers

Answer:

A Wikipedia article.

Explanation:

A tertiary source are sources that compile info from other sources.

Answer:

B. An autobiography

Explanation:

It's a 3rd person source

helppppp due in 1 minute!!!!
A bush pilot was asked to fly the perimeter of a state park to look for black bears. The state park is a rectangular shape 20 miles wide and 32 miles long. What is the perimeter of the state park?
A 52 miles
B 104 miles
C 320 miles
D 640 miles

Answers

B
2(32+20)
= 104
hope this helps

Answer:

It is B

Explanation:

20x2 + 32x2 = 104

Which is B

Hope this helped :)

This type of interest is the most desirable.

a. annually
b. semiannually
c. quarterly

Answers

Answer:

semiannually

Explanation:

why is it important to start with temporary investments that lead to permanent investments

Answers

These investments are commonly used when a business has a short-term excess of funds on which it wants to earn interest, but which will be needed to fund operations within the near future. These types of investments are usually very safe, but also have quite a low rate of return.

Francis has an internship at a law firm, takes an art class, and researches colleges that offer majors in veterinary science. Which of these actions increases Francis's human capital?
A.
both the internship and the research
B.
only the internship
C.
both the internship and the art class
D.
only the research

Answers

Answer: C. both the internship and the art class

Explanation:

Human capital simply means the economic value of the skills and the experience of a worker. Human capital includes the training, health, skills, education, of workers.

From the question, Francis human capital will be both the internship and the art class as they will provide him with the needed experiences. Therefore this is a form of human capital.

Retail websites can most advisedly grow their email list by Group of answer choices automatically putting all customers on the broadcast email list require an email sign-up before allowing customers to shop on the site putting an email sign-up pop-up advertisement on every page of the website allowing customers to sign up for the email list during the checkout procedure

Answers

Answer:

Allowing customers to sign up for the email list during the checkout procedure

Explanation:

Mobile Shopping

This is on a rapid increase and a common trend due to the popularity of smartphones and tablets, mobile shopping is the practice of purchasing goods or services using a mobile device. There is the act of shopping online using a computer, only with a smaller screen. Mobile shoppers can complete their transactions either on a retailer's mobile site or with the use of an app.

Email marketing has information about deals that might interest its customers. Customers usually do not like stress and one of the best way to sign up for emails is during checkout time for goods bought.

The County Commission of Benton County adopted its General Fund budget for the year ending June 30,comprising estimated revenues of $3,200,000 and appropriations of $2,900,000.Benton County utilizes the budgetary accounts required by GASB standards.The journal entry to record budgeted appropriations will include
A) A credit to Appropriations,$2,900,000.
B) A credit to Encumbrances,$2,900,000.
C) A debit to Estimated Expenditures,$2,900,000.
D) A credit to Budgetary Fund Balance,$2,900,000.

Answers

D is the correct answer

how can exchange rates change to reduce the wage differential between countries​

Answers

Answer:

The exchange rate is the value for which one currency can be exchanged for another. Thus, for example, 20 Mexican pesos are needed to acquire an American dollar.

Technically, it could happen that a country changes its exchange rate with respect to a hard currency (such as the Dollar or the Euro) through fixed exchange rates, in order to increase the value of the salaries of its citizens, measured in international currencies. For example, if the Mexican government fixed a parity between the dollar and the peso of value 1 to 1, the minimum wage of Mexicans would go from being worth $ 215 to multiplying by 20, that is, to $ 4,300.

Now, in practice, this situation is practically impossible, since it would imply a monetary modification in the country that makes the adjustment, since otherwise it would imply an unprecedented inflationary peak.

You just celebrated your first full year in business. You earned
$100,000 in revenue and had $65,000 of expenses. The
$35,000 you have left is called your...

1. Profit
2. Sales
3. Services
4. Expenses
5. Goods

Answers

Answer:

I think its #1 bro i don't know

pls can someone buy me the upgrade i beg youuu :(

Answers

what upgrade are you talking about

Answer:

no

Explanation:

Why should managers worry about product overcosting or​ undercosting? A. Averaging can result in inaccurate and misleading cost data. As​ such, companies may overinvest in products that have been​ overcosted, and underinvest in products that have been undercosted. B. Overcosting may result in competitors entering a market and taking market share for products that a company erroneously believes are​ low-margin or even unprofitable. Undercosting may result in companies selling products on which they are in fact losing​ money, when they erroneously believe them to be profitable. C. Overcosting products may lead to sales that acutally result in losses because the sales may bring in less revenue than the cost of the resources they use. Undercosting products may lead to the loss market share to competitors selling similar products. D. If prices of products are determined by the market based on co

Answers

Answer:

Overcosting may result in competitors entering a market and taking market share for products that a company erroneously believes are​ low-margin or even unprofitable. Undercosting may result in companies selling products on which they are in fact losing​ money, when they erroneously believe them to be profitable.

Explanation:

The manager would worry withe overcosting or understanding of product as the overcosting would be done when the competitors are entered in the market and they took the market share so that the company could trust that they are less margin while on the other hand undercosting means the company that sells the product also at the same time they are losing the money when they trust to be profitable  

i need help with this problem
thank you in advanced

Answers

Answer:

Price will decrease when supply increases. Supply will increase when. Quantity exchanged will increase when supply decreases

Suppose all firms follow similar financing policies, face similar risks, have equal access to capital, and operate in competitive product and capital markets. However, firms face different operating conditions because, for example, the grocery store industry is different from the airline industry. Under these conditions, firms with high profit margins will tend to have high asset turnover ratios, and firms with low profit margins will tend to have low turnover ratios.

a. True

b. False

Answers

The answer is false!
i am just answering for points

___ requrements are courses that build knowledge and skills in a specific field.

A. major
B. general studies
C. specialization
D. elective​

Answers

The Awnser is c specialization

D. elective requrement are courses that build knowledge and skills in a specific field

Help me please... help

Answers

Mate your answer is B

Hope my answer helps you

Answer:

A

Explanation:

by having lower prices there may be a chance of selling more and therefore gathering more money. if that makes any sense ?

Determine the effect on country demoffrage's GDP for a tourist spends on a seafood dinner at a resturant

Answers

Answer:

GDP will increase

Explanation:

Gross domestic products is the total monetary value of all goods and services produced in the country. When a tourist spends on a seafood restaurant then the services produced in the country are sold and value is generated for the country. The Gross domestic product of country rises,

The following types of contracts should be in writing: Contracts involving interests in land. Contracts that cannot, by their terms, be Select within one year from the day after the date of formation. Select or secondary, contracts, such as promises to answer for the debt or duty of another. Promises made in Select of marriage. Under the Uniform Commercial Code, contracts for the sale of goods priced at Select or more.

Answers

Answer:

Contracts required in writing

Explanation:

Contracts that required to be in writing to be enforceable. These contracts are never orally agreed and there is no value of such oral contracts. The contact and promise made by executor to pay debt, promises in consideration of marriage, Sale of goods priced $500 or more should be in writing.

A bank with $500 million in deposits holds $35 million in vault cash, has $40 million on deposit with the Fed, and owns $50 million in government securities. If a fall in the reserve requirement ratio generates excess reserves of $25 million, and prior to the fall the bank had no excess reserves, then the former reserve ratio was _____ and the new reserve ratio is _____.

Answers

Answer:

Former Reserve Ratio was 15%

Current Reserve ratio is 10%

Explanation:

Actual reserves = Vault cash + deposit with Fed

Actual reserves = $35 + $40

Actual Reserves = $75 million.

Reserves ratio = Actual reserves / Deposits

Reserve Ratio = 15%

Explain the point of view of why the gender pay gap in sports is reasonable.
Please also list any sources used.

Answers

Answer:

In the world of sports, there is a notorious wage gap between men and women, in which male athletes earn much higher wages than women. Thus, for example, the best soccer player in the world, the Argentine Lionel Messi, earns about $ 100 million a year, while the best-paid female soccer player is the American Alex Morgan, who earns about $ 500,000 a year.

This huge gap has its logic in the world of advertising: men, due to physical and anatomical characteristics, have a better performance in sports in general (with some exceptions), with which their performance is more spectacular than that of female athletes, thus generating a larger audience and, therefore, generating higher advertising revenue. Because of this situation, that is, to generate higher income, it is that male athletes earn more money than female athletes.

Which phrase best completes the diagram?
Macroeconomic Goals for a Society
?
Stable prices
Economic growth
A. Increased inflation
B. Per capita GDP
C. Full employment
D. Decreased production

Answers

Answer:

Full Employment

Explanation:

just took the test

The phrase that best completes the given diagram is the full employment. Option C is correct.

What is macroeconomic?

Macroeconomics is defined as a discipline of economics that studies an economy's whole performance, behavior, structure and decision-making.

This includes the economics of the country, region, and the world. The main goal of macroeconomics involves the full employment, then if the country is fully employed, this will make the prices stable and at last the economic growth occurred.

Therefore, option C is correct.

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convert the following temperature to Celsius scale (a) 450 k, (b) 273 k, (c) 73 k.​

Answers

Answer: See explanation

Explanation:

To convert to Celcius scale from Kelvin, the formula to use is:

Temperature in Celcius = Temperature in Kelvin - 273

a. 450k

Temperature in Celcius = Temperature in Kelvin - 273

= 450 - 273

= 177°Celcius

(b) 273 k

Temperature in Celcius = Temperature in Kelvin - 273

= 273 - 273

= 0°C

(c) 73 k

Temperature in Celcius = Temperature in Kelvin - 273

= 73 - 273

= -200°C

Direct mail is considered a push marketing strategy since the mail is “pushed" on tourists.

A.) True
B.) False

Answers

a).....................

It's True that direct mail is considered a push marketing strategy since the mail is "pushed" on tourists

What is Push marketing?

"A push marketing strategy, also called a push promotional strategy, refers to a strategy in which a firm attempts to take its products to consumers – to “push” them onto consumers.

In a push marketing strategy, the goal is to use various active marketing techniques to push their products to be seen by consumers, sometimes right at the point of purchase.

One of the main objectives of push marketing is to reduce to as small as possible the amount of time that elapses between the customer seeing a product and making a purchase decision to buy the product."

Examples of Using a Push Marketing Strategy:

With a push marketing strategy, the firm takes the product to consumers. Consumers are introduced to, or reminded of, the product through any of several available push marketing methods:

Direct selling to customers – e.g., a car salesman who meets customers in the company’s auto showrooms

What is tourist?

Tourism is the generic term used to cover both demand and supply that has been adopted in a variety of forms and used throughout the world.

A tourist is a person who travels away from where they live to partake in leisure or business [tourism] activities for a specified period of time.

Types of tourists vary and tourists can sit anywhere along the spectrum between allocentric explorers and mass organized holidaymakers.

Hence, option A is the correct answer

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Leanna opens a savings account with an initial balance of $100. She then deposits $50 each month. Use an equation, a table, and a graph to explain the relationship between the amount of money in the account, a, and the number of months since Leanna opened the account, m.

Part A Write an equation to represent the problem. Explain how the value of a changes as m increases.

Part B Make a table to show the relationship between m and a. Find 5 ordered pairs.

Part C Use your table from Part B to draw a graph to represent the situation.​

Answers

Answer:

Leanna opens a savings account with an initial balance of $100. She then deposits $50 each month. Use an equation, a table, and a graph to explain the relationship between the amount of money in the account, a, and the number of months since Leanna opened the account, m.

Part A Write an equation to represent the problem. Explain how the value of a changes as m increases.

Part B Make a table to show the relationship between m and a. Find 5 ordered pairs.

Part C Use your table from Part B to draw a graph to represent the situation.

Why do corporations, companies, and government agencies use formal application forms?

Answers

Answer:

due to the amount of employment requests , they need a uniform document to organize records and identify candidates' skills

Explanation:

Help me please... help

Answers

Answer:

Job Analysis can be understood as the process of gathering information related to the specific job. ... Job description is a document indicating what a job covers, i.e. tasks, responsibilities, duties, powers and authorities, attached to a job.

Stretch goals are the Multiple Choice targets that are exceptionally demanding and novel. set of goals whose primary focus is to protect organizations from being sustainable. targets that merely exhort employees in general terms to improve performance and start doing their best. goals that conflict with people's personal values and interests. goals that are high enough to inspire better performance but at the same time are always unattainable.

Answers

Answer:

targets that are exceptionally demanding and novel.

Explanation:

Stretch goals are the targets that are exceptionally demanding and novel. It is not everyone that considers or think about creating stretch goals because they are highly demanding and relatively new to the individual or business firm.

Generally, stretch goals are divided into two (2) main categories and these includes;

I. Horizontal stretch goals: it is focused on the professional development of individuals through attempting, learning and picking up difficult challenges or tasks.

II. Vertical stretch goals: these type of goals or targets are usually in tandem with the current activities in an organization such as productivity and financial outputs.

Apr. 8 Sold merchandise for $9,500 (that had cost $7,021) and accepted the customer's Suntrust Bank Card. Suntrust charges a 4% fee. 12 Sold merchandise for $7,400 (that had cost $4,795) and accepted the customer's Continental Card. Continental charges a 2.5% fee. Prepare journal entries to record the above credit card transactions of Levine Company. (Round your answers to the nearest whole dollar amount.)

Answers

Answer and Explanation:

The journal entries are shown below:

On April 8  

Cash   $9,120

Credit card expense   $380 ($9,500 × 0.04)

             To Sales  $9,500

(Being sale is recorded)

Costs of goods sold  $7,021

       To Merchandise inventory    $7,021

(Being the cost of goods sold is recorded)

On April 12

Cash   $7,215

Credit card expense   $185 ($7,400 × 2.5%)

             To Sales  $7,400

(Being sale is recorded)

Costs of goods sold  $4,795

       To Merchandise inventory    $4,795

(Being the cost of goods sold is recorded)

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