Sherry has a goal of retiring with $427,480 by making weekly deposits into an investment account whose annual interest rate is 1.1%. If she will retire in 25 years, how much interest will she earn?
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- Ashley invests $250 a month in her 401(k) retirement account, which earns an 8 percent annual return. After 35 years, how much money will she have in the account over and above the amounts she will contribute through the years?Sherry has a goal of retiring with $375,394 by making weekly deposits into an investment account whose annual interest rate is 1.4%. If she will retire in 29 years, how much interest will she earn? Round your answer to the nearest dollar. Please help me fast.Sherry has a goal of retiring with $434,849 by making weekly deposits into an investment account whose annual interest rate is 1.1%. If she will retire in 29 years, how much interest will she earn? Round your answer to the nearest dollar.. Just dont do handwritten.
- Jennifer is planning her retirement. She currently has $6,783 in an IRA account that will return 8% per annum as long as she keeps the money on deposit. She will save $2,000 at the end of each year for the next 32 years until she retires in an account that she expects will earn 7% per annum. How much will she have when she retires?Ginger Rogers deposits $3,000 a year into her retirement account. If these funds have an average earning of 8 percent over the 40 years until her retirement, what will be the value of her retirement account?Kim decides early in her career that she wishes to save aggressively for retirement. Kim chooses to put away $6,300 of earnings at the end of each year for twenty years. How much money will be in Kim's retirement account in twenty years if her investment accounts earns an annual rate of 6.8%?
- Mary's 25th birthday is today, and she hopes to retire on her 65th birthday. She has determined that she wil need to have $1,000,000 in her retirement savings account in order to live comfortably. Mary currently has no retirement savings, and her investments will earn 6% annually. How much must she deposit into her account at the end of each of the next 40 years to meet her retirement savings goal?EZ Leifer plans to retire at the age of 65 and believes he will live to be 90. EZ wants to receive an annual retirement payment of $50,000 at the beginning of each year. He seta a retirement account that is estimated to earn 6 percent annually. a. How much money will EZ have in the account when he reached 65 years old? b. EZ is currently 29 years of age. How much must he invest in this account at the end of each year for the next 36 years to have the required amount in his account at age 65?Carla Lopez deposits $5, 200 a year into her retirement account. If these funds have an average eaning of 6 percent over the 40 years until her retirement, what will be the value of her retirement account?
- Janice is hoping to save $200,000 by the time she retires in 20 years. How much must Janice deposit annually at the end of each year to reach this retirement goal on December 31, Year 20, assuming she can earn a 4% annual rate of return on her retirement account?Carla Lopez deposits $2,500 a year into her retirement account. If these funds have an average earnings of 5 percent over the 40 hears until her retirement, what will be the value of her retirement account?Yang Daiyu expects to retire in 30 years. She has decided that she would like to retire with enough money in savings to withdraw $4,500 per month for 24 years after she retires. Knowing she will be conservative with her retirement fund once retired, she believes that she will earn a rate of 3% per year from her retirement date onwards. (a) How much money does Daiyu need to have when she retires?
