Question: R Problem 148 points) You a planning to save for retirement over the next 25 years. To do this, you will invest 650 a month

R Problem 148 points) You a planning to save for retirement over the next 25 years. To do this, you will invest 650 a month in stock count and $550 a month in abond account. The retum on the stock account is expected to be 8.5 percent and the band account will pay Scent both with monthly compounding) What is the total amount of money you will have at the end of the 25 years in these lumtions? b. When you retire, you will place the total proceeds from part a both the band and stock account into an account with a percent return (monthly compounding. How much can you withdraw each month during retirement assumin 20 year withdrawal period? 50 Problem #4 (8 points) You are planning to save for retirement over the next 25 years. To do this, you will invest $650 a month in a stock account and $550 a month in a bond account. The retum on the stock account is expected to be 8.5 percent, and the bond account will pay 5.5 percent both with monthly compounding). What is the total amount of money you will have at the end of the 25 years given these assumptions? b. When you retire, you will place the total proceeds from parts, both the bond and stock account into an account with a 7 percent return (monthly compounding How much can you withdraw each month during retirement assuming a 20 year withdrawal period
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