Your employer gives you a stock bonus of $1,000 in your company at the beginning of each year. You plan to retire in 20 years. The stock has a growth rate of 15 percent per annum. What will the value of your stock be in 20 years?
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Your employer gives you a stock bonus of $1,000 in your company at the beginning of each year.
You plan to retire in 20 years. The stock has a growth rate of 15 percent per annum. What will the
value of your stock be in 20 years?
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- You are planning your retirement in 10 years. You currently have $161,000 in a bond account and $601,000 in a stock account. You plan to add $7,900 per year at the end of each of the next 10 years to your bond account. The stock account will earn a return of 10.75 percent and the bond account will earn a return of 7.25 percent. When you retire, you plan to withdraw an equal amount for each of the next 24 years at the end of each year and have nothing left. Additionally, when you retire you will transfer your money to an account that earns 6.5 percent. How much can you withdraw each year in your retirement? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Annual withdrawal amount $ 188,765.43You are planning your retirement in 10 years. You currently have $120,000 in a bond account and $500,000 in a stock account. You plan to add $5,000 per year at the end of each of the next 10 years to your bond account. The stock account will earn a return of 10.5 percent and the bond account will earn a return of 7 percent. When you retire, you plan to withdraw an equal amount for each of the next 25 years at the end of each year and have nothing left. Additionally, when you retire you will transfer your money to an account that earns 6.25 percent. Required: How much can you withdraw each year in your retirement?You are expected to retire in 35 years from today. If you make an annual deposit of $20,500 at the end of each year into an investment account that pays 6.88% annually, how much money will your retirement account have at the end of 35 years if the interest in compounded.
- You are planning to save for retirement over the next 35 years. To do this, you will invest $747 per month in a stock account and $409 per month in a bond account. The return of the stock account is expected to be 10 percent, and the bond account will return 6 percent. When you retire, you will combine your money into an account with a return of 7 percent. How much can you withdraw each month from your account assuming a 30-year withdrawal period?You are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 7 percent, and the bond account will pay 4 percent. When you retire, you will combine your money into an account with a 5 percent return. How much can you withdraw each month during retirement assuming a 20-year withdrawal period?You are planning to save for retirement over the next 20 years. To do this, you will invest $700 a month in a stock account and $400 a month in a bond account. The return of the stock account is expected to be 9 percent, and the bond account will pay 6 percent. When you retire, you will combine your money into an account with a return of 8 percent. How much can you withdraw each month from your account assuming a 15-year withdrawal period? A. $623407 B. $630939 C. $635876 D. $7480888 E. $2259917
- You are planning to save for retirement over the next 30 years. To do this, you will invest $1,300 a month in a stock account and $1,000 a month in a bond account. The return of the stock account is expected to be 10 percent, and the bond account will pay 5 percent. When you retire, you will combine your money into an account with a return of 7 percent. How much can you withdraw each month from your account assuming a 15-year withdrawal period? Multiple Choice $1,102,254.13 $34.571.73Every year, you receive your entire annual salary at the end of the year. This year, your end-of-year salary will be $50,000 (in nominal terms). In real terms, you expect your salary to increase at a rate of 2% per year in the future. You have decided to start saving for retirement by putting money in a savings account. You plan to retire in 35 years, and you expect to live for 25 years after that. You assess that a reasonable lifestyle during those 25 years will require you to have, at the end of every year, a disposable income of $25,000 in real terms (i.e. the same purchasing power as $25,000 today). The nominal interest rate on your savings account is 8%, and it is expected to stay at that rate forever. The real interest rate is also expected to stay at its current level of 3.5%. How much money (in nominal terms) will you need to have in your savings account when you retire, in 35 years (end of year 35), in order to be able to enjoy the lifestyle that you find reasonable? HINT:…You are planning to save for retirement over the next 30 years. To do this, you will invest$700 a month in a stock account and $300 a month in a bond account. The return of thestock account is expected to be 10 percent, and the bond account will pay 6 percent.When you retire, you will combine your money into an account with an 8 percent return.How much can you withdraw each month from your account assuming a 25-yearwithdrawal period?
- You are investing in a retirement account and plan to deposit $5,000 per year into the account for the next 20 years, starting from today. The account offers an annual interest rate of 6%. How much money will you have in your retirement account at the end of the 20-year period?ou are planning your retirement in 10 years. You currently have $170,000 in a bond account and $610,000 in a stock account. You plan to add $7,000 per year at the end of each of the next 10 years to your bond account. The stock account will earn a return of 11 percent and the bond account will earn a return of 7.5 percent. When you retire, you plan to withdraw an equal amount for each of the next 25 years at the end of each year and have nothing left. Additionally, when you retire you will transfer your money to an account that earns 6.75 percent. How much can you withdraw each year in your retirement? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) A. annual withdrawl amountYou are planning to save for retirement over the next 15 years. To do this, you will invest $1,100 a month in a stock account and $500 a month in a bond account. The return on the stock account is expected to be 8 percent, and the bond account will pay 4 percent. When you retire, you will combine your money into an account with a 5 percent return. How much can you withdraw each month during retirement assuming a 20-year withdrawal period? Group of answer choices $3,113.04 $3,324.11 $2,636.19 $3,008.21 $2,904.11