Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 2 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 31 Mar 2018 My Price 4.00

well-paid project leader

4.29    Suppose that at 35 years old you are a well-paid project leader with Electrolux USA. You plan to

 

 

work for this company for 20 more years and retire from it with a retirement income of $5000 per month for the rest of your life. Assume an earning rate of 6% per year compounded monthly on your investments. (a) How much must you place into your retirement plan monthly starting at the end of next month (month 1) and ending one month prior to the commencement of the retirement    benefit?

(b)  Alternatively, assume you decided to deposit the required amount once at the end of each year. Determine the annual retirement savings needed to reach your goal.

Answers

(5)
Status NEW Posted 31 Mar 2018 01:03 PM My Price 4.00

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