Suppose you inherited $935,000 and invested it at 8.25% per year. How much could you withdraw at the beginning of each of the next 20 years? Select the correct answer.   a. $89,592.14     b. $89,616.94     c. $89,641.74     d. $89,629.34     e. $89,604.54

You want to retire in 40 years as a millionaire (i.e., to have $1,000,000). If 6% is the average rate of return on the investment during this time period, then how much should you invest per month starting at the end of this month? a. $702 b. $602 C. $802 d. $502

How much money do you need to invest at( 23)/(4)% in order to have $12,000 after 7 years?

You plan on saving $5,200 this year, nothing next year, and $7,500 the following year. You will deposit these amounts into your investment account at the end of each year. What will your investment account be worth at the end of year three if you can earn 8.5 percent on your funds?   $13,528.12 $13,621.57 $13,907.11 14,526.50

You would like to save a million dollars by depositing $25,000 at the end of year into an account that pays 8% interest annually. How long will it take you to achieve your savings goal? Group of answer choices 18.65 years 12.35 years 20.0 years 40.00 years 37.04 years

You’ve invested your savings at 8% and been able to accumulate $500,000. If you withdraw $50,000 at the end of every year, how long until the balance has been reduced to zero? a. 20.91 years b. 10.00 years c. 18.49 years d. 13.91 years e. 7.63 years

a) What’s the rate of return you would earn if you paid $1,500 for a perpetuity thatpays $105 per year?  b) At a rate of 8%, what is the present value of the following cash flow stream?$0 atTime 0; $100 at the end of Year 1; $300 at the end of Year 2; $0 at the end of Year 3;and $500 at the end of Year 4?

You have $100,000 in your savings account and plan to retire with $750,000 in the bank in 40 years. You are hoping to achieve areasonable rate of return on your investments and want to know the target rate you should be looking for. Select one: a. 4.12 b. 3.14 c. 5.16 d. 6.13

Suppose you are 20 years old today and want to have OMR 500000 saved by the time you reach 30 years. If you receive 5% interest on your money how much would you have to invest to reach your goal? Select one: O a. 317428.50 O b. 306959.63 O c. None O d. 594620.15 e. 628520.75

You want to retire in 40 years as a millionaire (i.e., to have $1,000,000).  If 6% is the average rate of return on the investment during this time period, then how much should you invest per month starting at the end of this month?   a. $502   b. $702   c. $802   d. $602