This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: John would like to save $1,500,000 by the time he retires in 30 years and believes he can earn an ... (Read 38 times)

SO00

  • Hero Member
  • *****
  • Posts: 568
on: Apr 12, 2019

John would like to save $1,500,000 by the time he retires in 30 years and believes he can earn an annual return of 8%. How much does he need to invest each year to achieve his goal?


◦ $13,242
◦ $18,900
◦ $20,518
◦ None of these
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by SO00 on Apr 12, 2019

Chou

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Apr 12, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly


SO00

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Apr 12, 2019
Thank you!


Chou

  • Sr. Member
  • ****
  • Posts: 335
Reply #3 on: Apr 12, 2019
Always glad to help...


« previous next »
 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
Time dependence of the rates of a chemical reaction Time dependence of the rates of a chemical reaction
Levallois points and flakes from Kapthurin, Kenya date to between 200,000 and 280,000 years ago. Levallois points and flakes from Kapthurin, Kenya date to between 200,000 and 280,000 years ago.
Division sign believes in undivided happiness Division sign believes in undivided happiness
The Masses, a leading Socialist magazine, featured drawings by artists, including John Sloan, as wel The Masses, a leading Socialist magazine, featured drawings by artists, including John Sloan, as wel
Using a vacuum hose and a test light to ground one cylinder at a time on a distributorless ignition ... Using a vacuum hose and a test light to ground one cylinder at a time on a distributorless ignition ...
Video: Supine Position

For a complete list of videos, visit our video library