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You just paid $355.000 for a policy that will pay you and your heirs $12.500 per year forever with the first payment in one year
You just paid $355.000 for a policy that will pay you and your heirs $12.500 per year forever with the first payment in one year What rate of return are you earning on this policy? Multiple oice 0373 3.70% 364% 03.52% 3.39% You want to retire exactly 30 years from today with $2,010,000 in your retirement account if you think you can earn an interest rate of 10:31 percent compounded monthly, how muth must you deposit each month to fund your retirement? MuCholer $320 35.50 3125.01 500 You just paid $355,000 for a policy that will pay you and your heirs $12,500 per year forever with the first payment in one year. What rate of return are you earning on this policy? Multiple Choice 3.76% o 3.70% 3,64% 3.52% 3.39% You want to retire exactly 30 years from today with $2,010,000 in your retirement account. If you think you can earn an interest rate of 10,31 percent compounded monthly, how much must you deposit each month to fund your retirement? Multiple Choice 5832.10 $5,583.33 5825.01 3960:12 $88757
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