(Answered) You plan to retire with 800000 in 20 yearsnbsphow much

Management Studies

You plan to retire with $800,000 in 20 years. How much should you deposit each month into an account that pays 9% annual rate compounded monthly? (Note: Compounding frequency is the same as the deposit frequency. Answers are rounded.)

A. $1,198

B. $1,709

C. $1,080

D. $1,124

E. $1,276

F. $2,056

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92275108
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

With respect to your use of the internet what is an example

With respect to your use of the Internet, what is an example of an exposure? An uncertainty? A missed opportunity?

What are the pros and cons of narrow span in

What are the pros and cons of narrow span in management?

Principles of business governanceassignmentthis assignment

Principles of Business Governance Assignment This assignment is worth 40 marks. It must not exceed 1500 words for each question. The assignment is due by 4 pm (WST) on 25 th September 2018. Students must submit their a ...

Need references for information for the following dealing

Need references for information for the following dealing with CSMS (Consolidated Sales and Marketing System Project) Produce a narrative which describes the added error-handling pathways that includes: An overview of th ...

Discuss 5 of the most important sql server management

Discuss 5 of the most important SQL Server Management Studio (SSMS) features. Provide references - website link, book, article, etc.

With emerging issues on the 15 an hour minimum wage what

With emerging issues on the 15 an hour minimum wage, what are the best recommendations to alternatives? Explain why.

If the price of good a falls from 4 to 3 and the quantity

If the price of good A falls from $4 to $3 and the quantity demanded of good B rises from 2 to 4, what is the cross-price elasticity of demand? Are these goods complements or substitutes?

Business decision making assignment -assignment title - how

Business Decision Making Assignment - Assignment title - How is technological innovation and the evolution of multichannel shopping impacting on high street shops and malls? You will undertake primary and secondary resea ...

What are the challenges in implementing a healthcare

What are the challenges in implementing a Healthcare application in cloud environment? ((Need research reference links from research papers, at least 1 journal paper or 2 conference papers - The referred conference resea ...

Which statement is true of natural resources in terms of

Which statement is true of natural resources in terms of global trade or a country's economy? a. Petroleum is the only natural resource that affects international marketing. b. Vast differences in natural resources resul ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert