d) You want to retire in 45 years with $1 million in the bank. You think you can get an average of 5.2% annually in an investment account. How much will you have to save every year to get to $1 million? e) If your million dollar account continues to earn 5.2% a year, how much could you take out every year to live on for the following 25 years?

You have just finished your undergraduate degree and you have two career options: Option 1: Accepting a job offer with the starting salary of $75,000 per year (paid at the end of the year) and an annual raise of 2% pa (guaranteed). You will work in this company for 40 years. Option 2: Choosing a graduate program which will cost you $28,000 per year for the next two years (paid at the beginning of each year). Following the graduate school, you can get a job that offers the initial salary of $85,000 (paid at the end of the Year 3) with an annual raise of 3% pa (guaranteed). You will work in this company for 38 years. a. If you use the discount rate of 10% pa, which option is more lucrative for you? b.At what discount rate will you be indifferent between these two career options? (Hint: You need to use the incremental cash flows to answer this question) c. If option 2 (i.e., work after grad school) comes with a signing bonus (paid at the beginning of Year 3), at what signing bonus will…

You are offered a job that pays $37,000 during the first year with an annual increase of 9% per year beginning in the second year. That is, beginning in year 2, your salary will be 1.09 times what it was in the previous year. What can you expect to earn in your fourth year on the job? Round your answer to the nearest dollar.

You've just been hired by RhombiData. The new job includes company contributions to a qualified savings plan. RhombiData will make an annual contribution of $4,000 in Year 1 (payments are made all at once at the end of the year), but will then raise the amount it contributes by 3.0% annually for 7 years (Years 2 through 8); and then, as a loyalty incentive, will raise the annual increase to 5% annually starting with the Year 9 contribution. You anticipate that the average annual return on all contributions will be 7% compounded annually (which you also consider your discount rate). You plan to retire in 19 years, when RhombiData will have made 19 contributions-making all contributions on the last day of the year, including one on your last day of work. You know your salary amount but are trying to assess the value today of the company contributions to your savings plan. (You are excluding the value of your own savings contributions.) In today's dollars (PV), what are the nineteen (19)…

Candace just accepted her first job paying a $48,000 salary and is planning to take a $5,000 vacation cruise throughout Europe for 2 weeks. She is debating whether to take the trip now and finance it with a promotion from the travel company offering no payments for a year at a monthly periodic rate of 1%, or wait the year and save to pay for the trip. If she takes the trip now she will start her career 2 weeks late. Approximately how much would she save by waiting a year and not taking her unpaid time from work to travel? $2,480. $634. $1,557. $600.

Paul just graduated from college and landed his first "real" job, which pays $33,200 a year. In 5years, what will he need to earn to maintain the same purchasing power if inflation averages 4 percent The future value, FV, Paul will need to earn if inflation averages 4 percent is blank (Round to the nearest cent.)

Paul just graduated from college and landed his first "real" job, which pays $43.200 a year. In 13 years, what will he need to earn to maintain the same purchasing power if inflation averages 2 percent? The future value, Fv, Paul will need to earn if inflation averages 2 percent is $______ (Round to the nearest cent.) Please answer fast i give you upvote.