Question: Please answer correctly I will imediately rate your answer. You have $500,000 saved for retirement. Your account earns 10% interest. How much will you be



Please answer correctly I will imediately rate your answer.
You have $500,000 saved for retirement. Your account earns 10% interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 25 years? Suppose you want to have $600,000 for retirement in 35 years. Your account earns 5% interest. How much would you need to deposit in the account each month? You have $2,500 on a credit card that charges a 12% interest rate. If you want to pay off the credit card in 5 years, how much will you need to pay each month (assuming you don't charge anything new to the card)? $ each month
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