"Amber recently inherited $510,000, which she immediately invested in an equity index mutual fund. If she plans to withdraw $2,000 per month from her account, what annual interest rate must she earn in order to have $128,000 left after 43 years? (Enter your answer as a whole number with two decimal places. For example, if your answer is 14.1025%, enter 14.10 as your answer)"

Mike and Emily each have invested $100, 000 in an investment account. No other contributions will be made to their investment account. Both have the sarne goal; they each want their account to reach $3,000,000 at which time each will retire. Mike has his money invested in risk free securities with an expected return of 12% compounded monthly. Emily has her money invested in a stock fund with an expected return of 15% compounded quarterly. How many years after Emily retires will Mike retire?

A four-year investment requires annual deposits of $300 at the beginning of each year. The deposits earn 9% per year. What is the investment's future value? Remember, the deposits are made at the beginning of each year (annuity due). A four-year investment requires annual deposits of $300 at the beginning of each year. The deposits earn 9% per year. What is the investment's future value? Remember, the deposits are made at the beginning of each year (annuity due). $1,495.41 $1,459.98 $1,425.22 $1,391.12 $ 1,357.69

Wendy has $23,000.00 invested in a bank that pays 14.25% annually. How long will it take for her funds to triple?Round your answer to two decimal places. For example, if your answer is $345.667 round as 345.67 and if your answer is .05718 or 5.718% round as 5.72. Group of answer choices

Your sister turned 35 today, and she is planning to save $60,000 per year for retirement, with the first deposit to be made one year from today. She will invest in a mutual fund that's expected to provide a return of 7.5% per year. She plans to retire 30 years from today, when she turns 65, and she expects to live for 25 years after retirement, to age 90. Under these assumptions, how much can she spend each year after she retires? Her first withdrawal will be made at the end of her first retirement year.   a. $266,770.46     b. $556,561.79     c. $598,303.93     d. $517,731.90     e. $248,158.57

Two people plan to invest $50,000. Matt is going to invest it in one lump sum and leave it in the account for 25 years to use for retirement. Sarah is going to invest $2000 per year for 25 years and will also use the money in the account for retirement.     Is it reasonable to expect that Matt will have more money in his account than Sarah does in 25 years if both accounts earn the same interest?

Monica has recently inherited $9600, which she wants to deposit into an IRA account. She has determined that her two best bets are an account that compounds monthly at an annual rate of 3.7%(Account 1) and an account that compounds quarterly at an annual rate of 4.7%(Account 2).Step 2 of 2 : How much would Monica's balance be from Account 2 over 2.7years? Round to two decimal places.

9 years ago Mary purchased shares in a certain mutual fund at Net Asset Value (NAV) of $96. She reinvested her dividends into the fund, and today she has 7.7% more shares than when she started. If the fund's NAV has increased by 39.5% since her purchase, compute the rate of return on her investment if she sells her shares today. Round your answer to the nearest tenth of a percent.

Stanley Roper has $2,300 that he is looking to invest. His brother approached him with an investment opportunity that could give Patrick $4,900 in 4 years. What interest rate would the investment have to yield in order for Stanley’s brother to deliver on his promise? (Answer needs to be stated as a decimal. For example: .1192) Round to four decimal places.