By the time you retire exactly at age 70 you will have saved $700,000 into your diversified portfolio of mutual funds, bonds, and t-bills. You expect to move onto the spirit world at exactly age 80. You do not want to have any money left over when you die. How much can you withdraw at the beginning of each month for 10 years of retirement if your annual rate of return is 6. 5%?.

Answers

Answer 1

You can withdraw $7,882 monthly for ten years with an annual return of 6.5% on the savings.

Data and Calculations:

Your Planned Retirement Age = 70

Your Life Expectancy = 80

Your Retirement Savings at Retirement = $700,000

Annual Contribution from Retirement = $0

Monthly Contribution from Retirement = $0

Average Investment Return  = 6.5%

Inflation Rate (Annual) expected = 0%

Result:

Balance at the retirement age of 70: $700,000

The amount you can withdraw monthly from 70 to 80: = $7,882

Thus, you can withdraw $7,882 every month for ten years.

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Related Questions

How long does a product's entire life cycle last today?.

Answers

Answer:

40 weeks

Explanation:

A product life cycle refers to the sequence of stages which a product goes through. There are four stages of product cycle, they are introduction, growth, maturity and decline. The life cycle of a product is always associated with changes in the marketing situation. Nowadays, the a product life cycle usually lasts for about 40 weeks.

Decide whether the imperfect form of the verb in the sentence is correct or incorrect as written. Rosa vivía en Londres. Correct incorrect.

Answers

Answer:

Correct

Explanation:

Edge 2021

The imperfect form of the verb given in the sentence as "Rosa vivía en Londres" is; Correct.

An imperfect verb in spanish is used as one that combines a reference to a past time and a reference to a continuing or repeated event.

Now, the meaning of the imperfect verb given in the statement which is;

"vivía" means "lived"

Now, this imperfect verb is correct because it tells us that Rosa once lived in London and that verb to denotes that it was a continuing event that means she was staying there before.

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Which compound has the lowest vapor pressure at 50°c.

Answers

Answer:

5ôcmjdjdjdjdjdjdjdjdjdjdjdjjdjdjdjdydygdgd

Read the quotation from "An Indian's View of Indian Affairs. " What I have to say will come from my heart, and I will speak with a straight tongue. Based on this quotation, the reader can conclude that the Nez Percé people most believe in the importance of speaking passionately and honestly. The importance of sharing valued traditions with others. The importance of stating whatever is on their minds. The importance of choosing their words very carefully.

Answers

Answer:

The answer is A.

Explanation:

The quotation would lead a reader to believe that Nez Perce people believe in the importance of speaking passionately and honestly.

Meaning of quote. Speaking from the heart means to speak with passion. Speaking with a straight tongue means to speak the truth.

We can therefore infer that the Nez Perce people believe that when one speaks, they should be passionate and truthful.

In conclusion, option A is true.

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In addition to making laws, what two jobs do state legislators do?.

Answers

Answer:

They work for the people of their districts and issue pardons for those serving time in prison.

The highway department is planning to build a picnic area for motorists along a major highway. It is to be rectangular with an area of 5,000 square yards and is to be fenced off on the three sides not adjacent to the highway. What is the least amount of fencing that will be needed to complete the job?.

Answers

The least amount of fencing would need to cover the picnic area of 100 yards length and 50 yards width.

Let x represent the length of the picnic area and y represent the width of the picnic area. Also x is the side adjacent to the highway.

Also, the area is 5,000 square yards, hence:

5000 = length * width

5000 = xy

y = 5000/x

The perimeter of the area is:

Perimeter (P) = x + y + y

P = 2y + x

P = 2(5000/x) + x = 10000/x + x

The least amount of fencing is at dP/dx = 0:

dP/dx = -10000/x² + 1

0 = -10000/x² + 1

10000/x² = 1

x² = 10000

x = 100 yards

y = 5000/x = 5000/100

y = 50 yards

The least amount of fencing would need to cover the picnic area of 100 yards length and 50 yards width.

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Read carefully and slowly - actually understand the words: it's a brain exercise!! only respond if you plan to post and play no party poopers!! i will delete your answer if you are right. If i had 4 eggs ???????????????? leslie gives me 3 eggs ???????????? my farm rooster lays 5 eggs ???????????????????? how many eggs do i have?.

Answers

Answer:

3

Explanation:

a rooster does not lay eggs and had is a past tense

A 13-year-old adolescent is seen in the office and appears very anxious. For the past 2 weeks, the adolescent has had some muscle twitching; upon examination, the client is found to have a positive chvostek sign. Which would be an appropriate explanation of a chvostek sign?.

Answers

Low levels of calcium in the blood (also known as: hypocalcemia)

Choose the best Spanish word to complete the sentence. Me gustan _____ galletas. Estes ese estos estas.

Answers

Answer:

The best Spanish word is estas. Hope this helps you! Have a great day

Explanation:

Which best describes the effect of the narration in the excerpt? It suggests that the man being executed feels tranquil and at peace. It suggests that the narrator is sympathetic to the man being executed. It suggests that the plot will become less tense as the story continues. It suggests that the story will become more intense and mysterious.

Answers

Answer:d

Explanation:

This fluidity, as well as the tension between opposing concepts of time, are reflected in the story's structure, which shifts from the present to the past to what is later revealed to be the imagined present.

What the effect of the narration in the excerpt?

The use of a linking story to explain a sequence of events is known as the narrative effect. Our minds are wired to look for connections and significance in everything we experience.

This is an effective approach that can make complex circumstances simpler to recall and more interesting.

The narrative voice is a crucial component of story telling because it enables the reader to empathize with the protagonist and comprehend the desires and motives of other characters. Consider POV as a set of glasses you provide for your viewers.

Therefore, A complex commentary on the ephemeral nature of time, “An Occurrence at Owl Creek Bridge” is a work of fiction.

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Which of the following is not a recommended strategy for how parents should talk to their babies?.

Answers

Answer:

They shouldn't talk badly or rudely

Explanation:

to their kids because it is better if they talk nicely and try to make them understand.

Enter the balanced complete ionic equation for the acid-base reaction hcho2(aq)+koh(aq)→.

Answers

Explanation:

HCHO2 (aq) + KOH (aq) → KCHO2 (aq) + H20 (1) Molecular equation II. HCHO2 (aq) + OH- (aq) → CHO2 (aq) + H2O (1) Net ionic equation The molecular equation and the net ionic equation are given for an aqueous solution reaction taking place with no excess of any reactant.

What is an outline brainly.

Answers

An outline is an ordered list of the main points of your essay. Outlining helps you define and organize your topic and subtopics so that you bring the reader on a logical journey from your thesis, through your supporting evidence, to your conclusion.

Which solution for the value of x in the figure below is incorrect.

Answers

Where is "the figure below" mentioned in the question???? How are we supposed to answer this question without that????

A plate moves 200 m in 10,000 years. What is its rate in cm/year? 0. 02 cm/year 2 cm/year 10 cm/year 100 cm/year.

Answers

Answer:

0.02 cm/year

Explanation:

It moves by ten thousandth decimal places

Assume that the heights of men are normally distributed with a mean of inches and a standard deviation of inches. If men are randomly​ selected, find the probability that they have a mean height greater than inches. Round to four decimal places.

Answers

Answer:0.0022

Explanation:

Using the provided table, determine the molar enthalpy (in kj/mol) for the reaction c₃h₈ (g) + 5 o₂ (g) → 3 co₂ (g) + 4 h₂o (g).

Answers

Considering the normal of standard enthalpy of formation, the molar enthalpy for the reaction is -2043.98 kJ.

The balanced reaction is:

C₃H₈ (g) + 5 O₂ (g) → 3 CO₂ (g) + 4 H₂O (g)

The normal or standard enthalpy of formation (also sometimes called the normal heat of formation), is represented by ΔHf and is the enthalpy change when a mole of compound is formed from its elements in the normal state (that is, in the state of aggregation and more stable allotropic form to which said elements are found under standard conditions).

The enthalpy of formation may be positive, an endothermic reaction, or negative, an exothermic reaction.

In summary, the enthalpy of formation of a compound is defined as the enthalpy of reaction of the reaction in which a mole of said compound is formed from its elements in their most stable states of aggregation.

The use of enthalpies of formation allows to calculate enthalpies of reaction as follows: The standard enthalpy of a reaction is equal to the sum of the standard molar enthalpies of formation of the products minus the sum of the standard molar enthalpies of the formation of the reactants, multiplied respectively by the stoichiometric coefficients that appear in the fitted equation.

In this case, you have ΔHf values in kJ/mol for:

C₃H₈(g) = -103.8O₂(g) = 0CO₂(g) = -393.5H₂O(g) =- 241.82  

So, being: ΔH° = ΣnHfº (products) - ΣmHfº (reactants); n and m are total moles

and replacing the values:

ΔH° = [4 moles× (-241.82 [tex]\frac{kJ}{mol}[/tex]) + 3 moles× (-393.5 [tex]\frac{kJ}{mol}[/tex])] - [5 moles× (0 [tex]\frac{kJ}{mol}[/tex]) + 1 moles× (-103.8 [tex]\frac{kJ}{mol}[/tex])]

Solving:

ΔH° = [-967.28 kJ - 1180.5 kJ] - [0 kJ - 103.8 kJ]

ΔH° = -2147.78 kJ - [-103.8 kJ]

ΔH° = -2147.78 kJ + 103.8 kJ

ΔH° = -2043.98 kJ

In summary, the molar enthalpy for the reaction is -2043.98 kJ.

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What is Cassius’s motivation for sending the messages? Cassius wants to make sure that Brutus is willing to obey his orders. Cassius wants to have Roman citizens read messages about Brutus’ greatness. Cassius wants to sway Brutus with flattering messages to convince him to help kill Caesar. Cassius wants to alert Brutus about the conspiracy against him.

Answers

Answer: C (Cassius wants to sway Brutus with flattering messages to convince him to help kill Caesar.)

Explanation:I took the test

Cassius was motivated to send the messages to Brutus because: C. Cassius wants to sway Brutus with flattering messages to convince him to help kill Caesar.

The tragedy of Julius Caesar.

In this exercise, the excerpt was taken from a literary work titled "The tragedy of Julius Caesar" in part 2; which illustrated a casual relationship between the characters, Cassius told Brutus.

In act 1, scene 2 of "The tragedy of Julius Caesar" Cassius told Brutus that he had no mirrors that would turn his hidden worthiness to allow him see his shadows.

In conclusion, Cassius’s motivation for sending the messages to Brutus was to sway Brutus with flattering messages to convince him to help kill Julius Caesar.

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Is this statement true or false? Buddhism spread only by means of overland routes. True false.

Answers

Answer:

False. Buddhism also spread by sea.

Answer:

False

Explanation:

I took the test :)

A restaurant uses an online system to engage customers. After each transaction, customers receive a text asking them to rate their experience with either a smiley, neutral, or sad face emoji. This practice is an example of _______ control.

Answers

Answer:

feedback

Explanation:

Feedback

Feedback control is a process used by managers to assess the performance of the team. It helps to determine the performance of an individual member of the team. The implementation of the feedback control puts the manager in a position to lead the team effectively.

The practice illustrated is an example of feedback control.

A feedback system simply refers to a system where the output is controlled by using its measurement and a feedback signal.

A restaurant using an online system to engage customers and rating their experiences with either a smiley, neutral or sad face is feedback control. It should be noted that the purpose of feedback control is simply to keep the controlled variable close to the set point.

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Look at the withholding table below. If you earn $426 in gross income every week and get to keep $348 of it after tax withholding, how many allowances have you claimed? For weekly gross income between 420 and 430 dollars, the number of withholding allowances claimed are: 0, 88 dollars; 1, 78 dollars; 2, 68 dollars; 3, 58 dollars; 4, 49 dollars; 5, 42 dollars; 6, 37 dollars; 7, 37 dollars; 8, 37 dollars. A. One b. Two c. Three d. Four.

Answers

Answer:

A

Explanation:

Answer:

answer is A

Explanation:

I took the edge test

Match the value with the correct description. Working toward a specific goal.

Answers

Answer:

personal achievement

Explanation:

Right on edg

What problems was the Seventeenth Amendment intended to solve? Check all of the boxes that apply. The people having too much influence on members of Congress State legislatures often failing to elect a senator in a timely fashion The term of office for senators not being long enough and needing to be amended Senators being chosen by political machines rather than by the people.

Answers

Answer:

B)state legislatures often failing to elect a senator in a timely fashion

D) senators bring chosen by political machines rather than by the people

Answer:

Options B and D are correct

Explanation:

on edge got it correct.

A craft vendor must sell at least $300 worth of merchandise to make a profit. Scarves sell for $10 each and hats sell for $20 each. She expects to sell at least 20 items. The lines on the graph represent the situation in which she makes a profit. On a coordinate plane, 2 straight lines are shown. The x-axis shows number of scarves sold, from 0 to 20, and the y-axis shows number of hats sold, from 0 to 20. The first solid line has a negative slope and goes through (2, 14) and (14, 8). Everything above the line is shaded. The second solid line has a negative slope and goes through (0, 20) and (20, 0). Everything to the right of the line is shaded. In which section of the graph does the actual solution lie? 1 2 3 4.

Answers

Answer:

The answer is 1.

Explanation: I just got it on Edge.

The x-axis shows number of scarves sold, from 0 to 20, and the y-axis shows number of hats sold, from 0 to 20 is the  section of the graph does the actual solution lie. Hence, option A is correct.

What is negative slope?

If a line appears to go down and to the right, it has a negative slope (or up and left). This indicates mathematically that as x rises, y falls.

For instance, the incidence of lung cancer declines as more people (x) stop smoking, resulting in a lower (y) number of new cases. This relationship's graph has a downward slope.

The slope of a line is positive if the line's graph slopes upward from left to right. The slope is negative if the line's graph slopes from left to right.

Be aware that a line's positive slope causes it to slope upward from left to right. Remember that a line with a negative slope descends from left to right. Remember that a line's slope is zero when it is horizontal.

Thus, option A is correct.

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8. the weight of air on Earth's surface​

Answers

Answer: 14.7 Pounds

Explanation:

Sat Practise questions.

the weight of the air above this unit area would weigh 14.7 pounds!

Liquid media is ________________ a. A media that consists of natural or synthetic mineral or plant substances that deposit crystalline or splinter-like fragments in the paper fibers. B. The material the artists used to create a work of art. C. The mixture of a pigment and a binder of hot wax and fixed with a heat application. D. Use of a material in liquid form, such as with ink. Please select the best answer from the choices provided A B C D.

Answers

Answer:

Liquid media is D. Use of a material in liquid form, such as with ink.

Explanation:

Liquid media is use of a material in liquid form, such as with ink. Therefore, option (B) is correct.

The Liquid media refers to the use of materials in a liquid form, such as ink, paint, or dye, for artistic or creative purposes. This type of media allows for fluid, dynamic expression and is commonly used in painting, drawing, and printmaking.

The other options listed in the question refer to different types of media: A refers to mineral or plant substances used in papermaking, B refers to the material an artist uses to create a work of art, and C refers to encaustic painting, which involves using hot wax as a binder for pigments.

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An ant climbs vertically on a fence.

Answers

Answer:

yes an ant can climb vertically and even upside down, that's because of these special little things of their legs that allow them to accomplish this.

Explanation:

What is not a recommended way of quitting smoking?.

Answers

Answer:

smoking light cigarettes because it still involves smoking

George has $15. He tries to buy a movie ticket ($9. 00), a pretzel ($2. 65), a drink ($1. 35), and two veggie cups ($1. 74 each) but he does not have enough money. Look at the numerical expression George used: 15 − 9 2. 65 1. 35 2(1. 74) Can you help him determine why he does not have enough money?.

Answers

Answer:

It costs $16.48 all together and he only have $15.

Explanation:

9.00+2.65+1.35+1.75+1.75=$16.48

$16.48-$15.00=$1.48

He is missing $1.48. Hope this helps! :)

Using this energy transformation diagram of a battery powered drill, what is the drill’s thermal energy output? j.

Answers

Answer:

35   J

Explanation:

Edge 2021-2022 :)

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