You have determined that you will need to accumulate $1,000,000 in your retirement account in order to cover your inflation-adjusted shortfall
Which of the following is closest to the amount of money you would need to put into a tax-deferred retirement account every year if you plan on retiring in 40 years? Assume an 8% average return on this account, and that it is empty today.
A) $1,458
B) $3,860
C) $5,957
D) $8,444
Answer: B
You might also like to view...
Tina had a large compost pile in her backyard and the smell greatly irritated her neighbour Paul. Paul was so angry he went over to Tina's one day and told her to stop composting that smelly garbage or he would take her to court
Tina told Paul to leave but he continued to look around her backyard. When he finally left he intentionally kicked her gate and broke it and stole some tools that she had left near the gate. As a result which of the following statements is FALSE? A) Tina is liable for nuisance B) Paul is liable for conversion C) Paul is liable for trespass to goods D) Paul is liable for negligence E) Paul may be able to get an injunction
The UCL and LCL for an chart are 100 ounces and 95 ounces, respectively. The sample size is 5. The inspector looks at the very next unit and finds that it is 108 ounces. What can you conclude? Why?
What will be an ideal response?