An investor deposits 1000 pesos per year in a bank which offers an interest of 18% per annum for time deposits of over 5 years. Compute how much the investor can collect at the end of 13 years, assuming that he never withdraws any amount before the 13th year.
I really need help. I don’t need instant answer. I only need to know what are this and that and how to solve it. Thank you so much in advance!
I have one now but theres word im going to be losing my job. need help asapp..
hallmark marquee – 3 yr guarantee (non-qual)policyon784401
I need to know what to invest in conservatively and whether to use 72T. I have been told to stay away from annuities. Help I will be 56 in December and just retired last week so will probably not see any of it till January or so. I need it to last and do not know if I will be able to work and need suggestions. My home and car are paid for and no outstanding bills, just car and house insurance taxes ,utilities, and basic needs and I am single,
UPDATE : I am working with Fidelity and opened an IRA so I will not be paying any taxes out of it untill I actually receive any of it. I am thinking of using 72T for 5 years an also have some money in 401K and just want info for what to do with it in that IRA
I still have all my benefits from at&t so that includes insurance. I do know that we will be paying something for the insurance in the future but don’t know how much yet but I have heard that for retirees it will be around 13 a month for single. I also have applied for Social Security Disability but don’t know if I will qualify and have been on short term Disability for a year and needed to retire
PV Annuity Question:
“If you will get a series of future cash flows of $5000 per year for 2 years, and you would like to earn 8% on your investment, how much are you willing to invest today”
“If you are told that you will receive an annuity of 1,000,000 per year for 20 years, and you would like to earn 8% of your money, what is the most you would invest today?”
I dont get it… wouldn’t I just want to invest all my money?