You have $500,000 saved for retirement. Your account earns 5.2% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years? Round your answer to the nearest cent as needed.

You want to be able to withdraw $5000 from an account at the end of each year for the next 12 years.  How much money should you invest now into an account earning 5.5% interest per year, compounded annually, in order to fund the desired withdrawals?  Assume the account is empty after the last withdrawal is made.   Give the answer to 2 decimal places, and do not use the $ sign in the answer box.   The amount to invest now is  Blank 1. Calculate the answer by read surrounding text. dollars.

How much money will you have available to you after five years if you put aside $100.00 a month in an account that gives you 6.75% interest compounding monthly?

Suppose you want to save $220,000 for retirement. You will do so by putting monthly deposits into an account that gets 5% interest compounded monthly for 30 years. What should your monthly deposits be? Round your answer to the nearest cent and include units. Make sure you show the formula you used and the values you filled in.

You want to be able to withdraw $25,000 each year for 30 years. Your account earns 8% interest.a) How much do you need in your account at the beginning?$b) How much total money will you pull out of the account?$c) How much of that money is interest?

You want to be able to withdraw $30,000 each year for 15 years. Your account earns 6% interest. How much do you need in your account at the beginning?

Suppose you want to have $600, 000 for retirement in 15 years. Your account earns 9% interest. Feel free to use the Online Basic Financial Calculator a) How much would you need to deposit in the account each month? $ b) How much interest will you earn? $

You open a savings account that compounds interest 3 annually with an APR of 3% . If you initially deposit $1,000 in your account and leave it to accumulate interest, what will your balance be at the end of 1 year?

You want to be able to withdraw $45,000 each year for 15 years. Your account earns 6% interest. a) How much do you need in your account at the beginning? W b) How much total money will you pull out of the account? c) How much of that money is interest?

You have $500,000 saved for retirement. Your account earns 6% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?