Debbie wants to know how much her cost of living will be in 18...

Question

# Debbie wants to know how much her cost of living will be in 18...

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

Solved by verified expert

sectetur a

sectetur a

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui le

10,000 step-by-step explanations

<p>sectetur adip</p><p>sectetur a</p><p>sectetur a</p><p>sectetur adip</p><p style="margin-left:40px;"> </p><p style="margin-left:40px;"> </p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui le

## Step-by-step explanation

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pe

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec

sectetur adipiscing elit. Nam lacinia pulvina

sectetur adipiscing elit. Nam lacinia pulvinar

sec

sectetur adipiscing elit. Nam lacinia pulvina

sectetur adipiscing elit. Nam lacinia pulvinar

sec