A Deniece has accumulated $50,000 in her thrift savings plan at her job at the Federal Aviation Administration. The government puts in 1% of her pay and matches up to another 4% if she puts in 5% out of her pay. Deniece earns $80,000 a year and plans to add 5% from her income plus the agency 5% for a total of $8,000 per year. Her cousin Eugene says that if she invests in stocks, she can earn 12% per year because that has been the long term history. How much will she have in 25 years at retirement if she can earn 12% per year compounded annually?
2-B Deniece's friend Marshall heard a speech by John C. (Jack) Bogle, founder of The Vanguard Group of Mutual Funds, one of the lowest cost and most successful group of funds. Jack said that with the increasing need to reduce carbon emissions, it is unlikely that long term stock returns can exceed 6% per year. Steps to reduce carbon will likely reduce prospects for economic growth in Mr. Bogle's opinion. How much will Deniece have if Jack Bogle is correct and the earnings will be 6% per year compounded annually?
Cairns owns 80 percent of the voting stock of Hamilton, Inc. The parent’s interest was acquired several years ago on the date that the subsidiary was formed. Consequently...Jul 16 2021
refer to attachment:Grill Master Company sells total outdoor grilling solutions, providing gas and charcoal grills, accessories, and installation services for custom pati...Jun 24 2020
Following are selected account balances from Penske Company and Stanza Corporation as of December 31, 2012:PenskeStanzaRevenues($700,000)($400,000)Cost of goods sold250,0...Jul 11 2020
In Figure 73, determine the output voltage with no load across the output terminals. With a 100 k Ω load connected from A to B, what is the output voltage?Aug 06 2020
Both antitrust policy and industrial regulation deal with monopoly. What distinguishes the two approaches? How does government decide to use one form of remedy rather tha...Dec 05 2019
Find the Laplace transform of f(t) = sint , when 0Aug 05 2020
Write an essay describing the Legal Issues in Fire and Emergancy ServiceFeb 14 2020
Consider two identical people each generating 60 W of metabolic heat steadily while doing sedentary work, and dissipating it by convection and perspiration. The first per...Jul 21 2020
Exercise 4-14 Computing and analyzing acid-test and current ratios LO A1 Compute the current ratio and acid-test ratio for each of the following separate cases. Torino Ca...Apr 04 2020
Find the points of intersection of the curves andJul 01 2021