You wish to retire in 30 years and determine that you will need $1,000,000 to fund your retirement. If you can invest with a return of 8% you will need to invest ________ each year to reach your goal
Fill in the blank(s) with the appropriate word(s).
Answer: $8,827 (rounded)
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Under the ________, it is illegal to discuss prices with a competitor
A) Sherman Antitrust Act B) Clayton Act C) Robinson-Patman Act D) Wheeler-Lea Act E) Federal Trade Commission Act
Income before taxes for financial reporting usually differs from taxable income reported to tax authorities. Which of the following is/are not true?
a. Some of the differences may arise because of permanent differences (items that affect income for financial reporting but never affect taxable income, or vice versa). b. Some of the differences may arise because of temporary differences (items that affect income for financial reporting in a different period than for tax reporting). c. The difference between income tax expense and income tax payable represents the tax effects of permanent differences: either the firm will receive future benefits (deferred tax assets) or it must pay future taxes (deferred tax liabilities). d. U.S. GAAP and IFRS require firms to measure income tax expense based on income for financial reporting (excluding permanent differences) and the income tax authorities impose taxes on taxable income. e. all of the above
Which of the following statements is NOT true with regard to check sheets?
a. These are used for repeated processes and operations. b. These are forms used to collect and record quality-related data. c. These sheets are difficult to design. d. These sheets are easy to understand.
The term "S Corporation" comes from A)the Internal Revenue Code
B)the FTC rules. C)the Securities and Exchange Commission. D)state corporation law.