## Question

###### QUESTION 10 Takashi plans to save $25,000 per year until he retires. His first savings contribution...

QUESTION 10 Takashi plans to save $25,000 per year until he retires. His first savings contribution to his retirement account is expected in 1 year from today. Takashi plans to retire in 6 years from today, immediately after making his last $25,000 contribution to his retirenlent account. He then plans to be retired for 6 years. Takashi expects to earn 7.0 percent per year in his retirement account, both before and during his retirement. If Takashi receives equal annual payments from his retirement account during his retirement with the first of these annual retirement payments received in 1 year after he retires and the last of these annual retirement payments received in 6 years after he retires, then how much can Takashi expect each of his annual retirement payments to be? $25,000.00 (plus or minus 510) $37,518.26 (plus or minus $10) $29,805.38 (plus or minus $10) $19,860.58 (plus or minus $10) None of the above is within $10 of the correct answer

## Answers

SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE02:59 ' ® v a ax 2 ENG 25-03-2020 29 • 7 X A1283 1 X ✓ fx AE AE AF AG AH AH AL AK AL AM AN - 261 262 263 RETIREMENT BA II PLUS 264 SET C/Y=P/Y = 1 265 266 267 -25000 268 N = PMT FV= I/Y = CPT FV = 269 178832.27 270 271 272 273 step 2 finding annual withdrawal 274 275 276 277 N = PV = FV= 1/Y = CPT PMT = -178832 278 279 25000.00 280 281 282 ANSWER 25000 283 284 201 NPV BOND Sheet6 Sheet4 PV FV choice EAR nper WACC Sheet1 Sheet2 Sheet3 Sheet5 HERO WACC AFN ... • : 1

#### Similar Solved Questions

1 answers

##### Determine the number of integer solutions of x1 + x2 + x3 + x4-32, where a)...

Determine the number of integer solutions of x1 + x2 + x3 + x4-32, where a) xi 2 0, 1 3is4 b) x1, x2 2 2, x3, X4 2 1...

1 answers

##### Make a journal entry of credits and debits for the list on the first photo Problem...

Make a journal entry of credits and debits for the list on the first photo Problem 4-21 Record transactions and adjustments Lo 2,6,7 The following information applies to the questions displayed below] Use the horizontal model, or write the journal entry, for each of the following transactions and a...

1 answers

##### Part 4 Calculation and analysis 1. If the real rate of return is 3.5% and expected...

Part 4 Calculation and analysis 1. If the real rate of return is 3.5% and expected inflation is 5.4%, according to The Fisher Effect model, what's the nominal interest rate? 2. If the price of a Mini Cooper is EUR12,000 in France and spot exchange rate is GBP 1=EUR 1.4002, then (1) According to ...

1 answers

##### Betty's Fashions operates retail stores in both downtown and suburban locations. The company has two responsibility...

Betty's Fashions operates retail stores in both downtown and suburban locations. The company has two responsibility centers: the City Division, which contains stores in downtown locations, and the Mall Division, which contains stores in suburban locations. Betty's CEO is concerned about the ...

1 answers

##### Please know that an incorrect answer from you will result in a downvote, negative feedback, and...

please know that an incorrect answer from you will result in a downvote, negative feedback, and a tweet to customer service. The correct answer will receive an upvote and positive feedback immediately. Thank you. Favorable or unfavorable? BULJLIUM10.JPURILJ) You have this data for a product made by...

1 answers

##### 8. Order: Cimetidine 300 mg IVPB q6h in 50 mL NS infuse in 20 min. Find...

8. Order: Cimetidine 300 mg IVPB q6h in 50 mL NS infuse in 20 min. Find the a) IV flow rate measured in milliliters/min. b) Dosage rate measured in milligrams/min...

1 answers

##### LES, Seconds Question Completion Status m ple of. I A b ined from appelation with 12....

LES, Seconds Question Completion Status m ple of. I A b ined from appelation with 12. there is a greater than the pap e , what late for the . 10.67 5.81 0.67 QUESTION 25 If a sample of 0.83 25 scores is obtained from a population with 17 and 12, what is the core corresponding to a sample mean of M 4...

2 answers

##### A TV commercial claims that a car can speed up from rest to 60mph in 4.4s....

A TV commercial claims that a car can speed up from rest to 60mph in 4.4s. If this is true, how many g's is the car's average acceleration?? There are 1,609m in a mile. Please explain thoroughly so I understand....

1 answers

##### You wish to test the following claim (H) at a significance level of a = 0.001....

You wish to test the following claim (H) at a significance level of a = 0.001. Hu = 83.6 Hu 83.6 You believe the population is normally distributed and you know the standard deviation is o = obtain a sample mean of # = 74.3 for a sample of size n = 48. What is the value of the test statistic for thi...

1 answers

##### 2. A ladder (mass 7.50 kg) is leaning on a wall at an angle Ladder of...

2. A ladder (mass 7.50 kg) is leaning on a wall at an angle Ladder of 60°. If the wall that the ladder is leaning on is frictionless, what is the minimum coefficient of friction on the floor is necessary to keep the ladder from sliding? The ladder is 2.50m long....

1 answers

##### MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1)...

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) Determine whether the alternative hypothesis is left-tailed, right-tailed, or two-tailed. H: H=78 H: A < 78 A) two-tailed B) left-tailed C) right-tailed...

1 answers

##### Please help with #1 and #2 im in lab and have been trying to figure it...

please help with #1 and #2 im in lab and have been trying to figure it out but cant. love love love u thank youuuuu ???? Questions 1. Only one of the three benzenedicarboxylic acids forms a cyclic anhydride. Which one? Why? 2. Only one of the two 1,3-cyclopentanedicarboxylic acids forms a cyclic ...

1 answers

##### (30 Points) In this problem, you are tasked with determining the shortest paths from node...

(30 Points) In this problem, you are tasked with determining the shortest paths from node a to all other nodes in the network shown in the figure below. You should use Dijkstra's algorithm for calculating the shortest paths. Use the csv file that...

1 answers

##### 3. (4 p.) Bill's utility function is U = c + l where c is a...

3. (4 p.) Bill's utility function is U = c + l where c is a composite good with price equal to 1 and lis leisure. He earns w per hour and owns C units of the composite good and his time endowment is T. (a) Find his reservation wage. (b) Derive Bill's demand for leisure (ordinary demand), ill...

1 answers

##### 7. Determine the electron group geometry, molecular geometry, and ideal bond angle(s) or the following: a....

7. Determine the electron group geometry, molecular geometry, and ideal bond angle(s) or the following: a. CO32 b. SO C. CFA d. So e. N20 (one of the N is the central atom) f. CH2Cl2...

1 answers

##### RUIZ KUIGIT This Question: 1 pt 4 of 7 (0 complete) You want to do a...

RUIZ KUIGIT This Question: 1 pt 4 of 7 (0 complete) You want to do a study of where students sit and their GPA You know the population standard deviation of student's GPA is 1.25. You want to be 90% confident that the mean is within 0.25 points. What is the minimum number of students you should ...

1 answers

##### Oxidation of Cyclododecanol Reagents used: • Cyclododecanol: 0.50 g • Acetone: 1.2 mL • Acetic acid:...

Oxidation of Cyclododecanol Reagents used: • Cyclododecanol: 0.50 g • Acetone: 1.2 mL • Acetic acid: 0.4 mL ~ ADDITION OF BLEACH 4.5 ML ~ AN ADDITIONAL 0.4 ML BLEACH ADDED Weight of flask: 36.00g Weight of flask and Cyclododecanol: 36.78g. Weight of Cyclododecanol: 36.00g - 36.78g = 0...

1 answers

##### 7. Identify the indicated hydrogens as pro-R or pro-S (2 pts) HOH -CO₂H HOC

7. Identify the indicated hydrogens as pro-R or pro-S (2 pts) HOH -CO₂H HOC...