What formula do I use to solve this? If John wants to retire with $10000 per month, how mich principal is necessary to generate this amount of monthly income if the interest rate is 6%

Rickey would like to have $2500 per month for 20 years after retirement. Howmuch should he save in his retirement account (at the time he retires) if theinterest rates are 5% compounded monthly?

Carlo Aldric wants to have P40,000 per year for 15 years during his retirement. What amount would you need to have invested at retirement to reach this goal if you could invest your money and receive a 5 percent return?

I want a monthly income of $6,500 during my retirement. I will retire at 67 and "plan" to live until 97 (30 years after retirement). I am 42 right now. If I have $170,000 in retirement account right now, how much should I save each quarter until retirement to meet my income requirement during retirement. Assume: 6% annual rate of return until retirement, compounded quarterly. Assume: 0.25% monthly rate of return compounded monthly, after retirement. This problem has multiple steps.

Aji who is now 25 years old, wants to buy a retirement plan starting at the age of 55 year with an income of $3,000,000 per year, where the first payment is made on his 55th birthday. For that he will make annual payments at the beginning of the year starting now and ending on his birthday 54th year. Calculate the amount of the annual payment!Return rate 7%

Kenji wants to retire with an income of $7000 per month over 25 years. His money is saved in a retirement account that pays 6% per year compounded monthly. SHOW how you arrived at your answer by reporting formula(s), variable values, or TVM Solver inputs. a. How much does Kenji need to have saved in retirement to have enough for the $7000 per month income? Include correct units. b. How much does Kenji need to save each month if he works for 30 years in order to have saved the amount from part a? Include correct units.

Please help me answer the following time value of money question. Michael makes a $500 investment.  At the end of 5 years, he has 700. Assuming that the interest is compounded monthly, what is the interest rate earned on his investment?

Brian would like to accumulate $130,000 for his retirement in 9 years. If he is promised a rate of 4.32% compounded semi-annually by his local bank, how much should he invest today? Round to the nearest cent

a)  How much should you save per month to be able to buy the car when you retire?  b)  How much should you save per month to be able to buy the house at the age of 55?  c)  Therefore, how much do you need to save in TOTAL per month if you can earn 12% compounded monthly from now till you buy your house taking into account your retirement expenses?  d)  And how much do you need to save in TOTAL per month after you buy your house until you retire taking into account your retirement expenses?

5. Kristie owns a perpetuity which pays $12,000 at the end of each year. She comes to youand offers to sell you all of the payments to be received after the 10th year. What is themaximum amount that you should offer her if the required return is 8%?