A retirement account that earns 6.8%, compounded semiannually, contains $488,000. How long can $40,000 be withdrawn at
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
R 40000 i 0068 2 0034 A n 4880...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
Question Posted:
Students also viewed these Calculus questions
-
A small business owner contributes $3000 at the end of each quarter to a retirement account that earns 8% compounded quarterly. (a) How long will it be until the account is worth $150,000? (b)...
-
If $4000 is deposited at the end of each half year in an account that earns 6.2% compounded semiannually, how long will it be before the account contains $120,000?
-
A professional athlete invested $2.5 million of a bonus in an account that earns 6.8%, compounded semiannually. If $120,000 is to be withdrawn at the end of each six months, how long will it be until...
-
A garden has an area of 320 ft 2 . Its length is 4 ft more than its width. What are the dimensions of the garden? X x +4 X
-
In Fig, 21-44 determine the direction of the induced current in resistor RA when (a) Coil B is moved toward coil A, (b) When coil B is moved away from A. (c) When the resistance RE is increased. Coil...
-
A disabled automobile is pulled by means of ropes subjected to the two forces as shown. Determine graphically the magnitude and direction of their resultant using (a) The parallelogram law, (b) The...
-
The rotor shown in Fig. P12.1 rotates clockwise. Assume that the fluid enters in the radial direction and the relative velocity is tangent to the blades and remains constant across the entire rotor....
-
Summit Corp.s stock is currently selling at $32 per share. There are 1 million shares outstanding. The firm is planning to raise $2 million to finance a new project. What are the ex-rights stock...
-
This week you will learn about Social Media and the liabilities and risks from a legal perspective. Social media is defined as electronic communication (including the Internet or network systems)...
-
Cherry Cotta makes custom ordered clay pots for residential gardens. Below is cost information regarding its latest job. a. Materials were purchased on account. $18,996 purchased b. A materials...
-
Suppose that a 30-year municipal bond has a maturity value of $5000 and a coupon rate of 8%, with coupons paid semiannually. Find the market price of the bond if the current yield rate is 10%...
-
1. A debt of $1000 with interest at 12%, compounded monthly, is amortized by 12 monthly payments (of equal size). What is the size of each payment? 2. A debt of $8000 is amortized with eight...
-
Refer to Figure 19.2. a. Verify that the price of a European put option is $0.0564. b. Verify that the price of an American put option is $0.1144. Be sure to allow for the possibility of exercise at...
-
A dozen eggs cost $0.88 in January 1980 and $1.77 in January 2018. The average hourly wage for production and nonsupervisory workers was $6.57 in January 1980 and $22.36 in January 2018. a. By what...
-
The U.S. Government Accountability Office (GAO) does research to support congressional decision making. After the Long-Term Capital Management (LTCM) crisis, the GAO produced a summary of the events...
-
Assuming a tax rate of 40 percent, compute the before-tax real interest rate and the after-tax real interest rate for each of the following cases. a. The nominal interest rate is 10 percent, and the...
-
I walked into the empty restaurant in Managua carrying a backpack stuffed with cash, thick stacks of Nicaraguan crdobas bound by rubber bands. The waiter, as expected, asked me to hand over the...
-
Assume that, before purchasing Acuxen, a patient in a pharmacy asked the pharmacist about the product and that the pharmacist remarked that in his opinion the product seemed to be effective for...
-
Refer to Q5-43. The net receivables on the balance sheet as of December 31, 2018, are ___________. Data from Q5-43 Sprague Company uses the aging method to adjust the allowance for uncollectible...
-
One study found that the elderly who do not have children dissave at about the same rate as the elderly who do have children. What might this finding imply about the reason the elderly do not dissave...
-
Find the significance level if the DNA with the new method has only 23 errors. A company develops a new method to reduce error rates in the polymerase chain reaction (PCR). With the old method, the...
-
Instead of measuring only a single piece of DNA with the new method, 10 pieces are measured and 300 errors are found. Does the new method reduce the number of errors? A company develops a new method...
-
Instead of measuring only a single piece of DNA with the new method, 20 pieces are measured and 650 errors are found. Does the new method reduce the number of errors? A company develops a new method...
-
2.1 Explain by means of drawings how the Successive-Approximation conversion process takes place when receiving an analog voltage input. Use the KEEP/RESET method. Use 5 V input. Vref= 8 V (10) 2.2...
-
Assume that we have a Ridge regression problem with only one predictor, and the true model is linear without an intercept, i.e. Y = X + e. Assume that we have In samples, (xi, y), (x2, Y2), . . .,...
-
Please write a program that calculates the final score of multiple students using different weight of exams and assign their final grade using the following criteria: If the average grade is 90 or...
Study smarter with the SolutionInn App