Debbie wants to know how much her cost of living will be in 18 years, based on a 2.85% annual rate of inflation. Her current cost of living is $56,200.
$90,074.12
$33,889.02
$93,813.48
$93,199.51
Heather wants to have $2,150,000 on the day she retires 36 years from now. If she earns 8% annual return on her investments, how much does she need to invest each month, in order to reach her goal?
$53,039.85
$4,976.85
$15,194.46
$861.13
Roger needs to have $1,500,000 on the day he retires 35 years from now. If he earns 11.00% annual return on his investments, how much does he need to invest each month, in order to reach his goal?
$304.36
$3,571.43
$14,054.36
$36,543.60
Jimmy wants to know how much his cost of living will be in 30 years, based on a 2.5% annual rate of inflation. His current cost of living is $45,000.
$1,975,621.64
$86,710.34
$21,453.42
$94,390.54
Unlock access to this and over
10,000 step-by-step explanations
Have an account? Log In