Question B 2 The Not 15 Yrs His First Contribution To Ns Retirement Account Is Expected In Your Michael Expects To Sam 1 (9.08 KiB) Viewed 36 times
Question B 2 The Not 15 Yrs His First Contribution To Ns Retirement Account Is Expected In Your Michael Expects To Sam 2 (17.12 KiB) Viewed 36 times
Question B 2 the not 15 yrs. His first contribution to Ns retirement account is expected in your Michael expects to sam Michael has nothing in his retement account. However, he plans to save $500.00 per year in his retement account for each bution to rement account in rement, Michael plans to withdraw 5380000 per year for at kong 8.00 percent per year in his retirement account. Michaef plans to retee as 15 years, immediately after making his last 1,500.00 o becan How many payments of $33,000.00 can Michael set to receive in retirement if he receves anual paymenes of $38.000.00 in rement and fest retirement payenant is received exactly 1 year after t Ⓒome 2 payment) ms 62pament minus 2 pamesti 1.4 Q777 Mchel Cas an indede manter of a whorowals of $30,000.00 w rement ODco and other A B no Cs within 2 pants of the conc o
O 8.64 (plus or minus 0.2 payments) O 9 64 (plus or minus 0.2 payments) O 777 (plus or minus 0.2 payments) O Michael can make an infinite number of annual withdrawals of $38,000.00 in retirement OD is not correct and neither A, B, nor C is within 02 payments of the correct answer
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