DemLife is offering a financial instrument that will guarantee you an annual payment of $75,000 beginning on the day of your retirement. This payment is for 25 years which is the latest Guyana's life expectancy post retirement. How much should you have saved in your retirement account to receive this income if the annual interest rate is 9% ? Answer: Use the following data to compute the return on assets for Company Q; Total assets = 1,500; EBIT=400; Sales =3,000; Tax =100