Posts Tagged ‘Need’
I have $200K cash and need a guaranteed monthly income. Where should I put my money for best return?
31
Jul
Need clarification on corporate finance homework problem….any help would be appreciated.?
07
Jun
You have just made your first $4,000 annual contribution to your 401-k account. Assuming you earn 8% on your money and invest for 30 years (twenty annual $4,000 contributions), to what value will your account grow after thirty years?
S = future value
R = periodic payment
i = interest rate
n = number of periods (in this case-years)
S or the future value of you annuity equals:
I have an annuity. Not sure qualified or nonqualified. Need to rollover to IRA. Dont know how.?
07
Jun
NEED algebra PLEASE help if you can?
31
May
HOW WOULD I DO THIS ON A SPREADSHEET
Option 1 Invest $5,000 in a savings account at 6.6% interest compounded monthly.
Option 2 Invest into an ordinary annuity where $1,100 is deposited each year into an account that earns 4.8% interest compounded annually.
SPREADSHEET:
Set up the formula for compound interest for Option 1 and the formula for Future Value of an Annuity for Option 2 in an Excel spreadsheet to calculate the amount earned at the end of 6 years. Be sure to label all variables in your spreadsheet.
I really need help this. If anybody can help respond here are email me mpitts1947@yahoo.com
need some help with time value analysis. please?
27
May
1).If you depoist money today into an account that pays 6.5 percent interest, how long will it take for you to double your money?
2). John Roberts has $42,180.53 in a brokerage account, and he plans to contrribute an additional $5,000 to the account at the end of every year. The brokerage account has an expercted annual return of 12 percent. If John’s goal is to accumulate $250,000 in the account, how many years will it take for John to reach his goal?
3). What is the future value of a 5-year ordinary annuity that promises to pay you $300 each year? The rate of interest is 7 percent.
4). What is the future value of a 5 year annuity due that promises to pay you $300 each year? Asume that all payments are reinvested at 7 percent a year, until Year 5.
Need help with this finance problem?
24
May
Which is worth more over 10 years — a $10,000 annuity paying 5% per year or a $10,000 stock investment that pays no dividends but grows 5% per year in value? Explain with respect to the tax implications of receiving annual payments versus holding unrealized capital gains.
I don’t know the NPV formula. I know the PV formula. Whats the difference in NPV and PV. Can someone help me solve this.
need help with annuity?
21
May
A man borrowed $5000 and agreed to repay the principal and interest at 15% compounded monthly in 25 equal monthly payments. The first payment is due in 1.5. How large is each payment?
Need help with a pre-calculus question. Need a financial formulas?
21
May
1a) $75 is deposited monthly at 6.4% interest compounded monthly for 8 months. What is the future value?
1b) How much interest have you earned with this annuity?
2a) A $5000 dollar loan with a 7% annual interest compounded monthly has been paid off with monthly payments of $99.01. For how many years was the loan?
2b) How much interest do you pay for the loan?
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All that I ask for is formulas to solve each problem. You don’t really have to give me an answer if you don’t want to, but more information/explanations on how to solve it will get you a better rating.
Thanks for the help (if anyone answers) 
need help with this accounting question?
20
May
You have just won the state lottery and have two choices for collecting your winnings. You can collect $40,000 today or receive $9,810 per year for the next 5 years. A financial analyst has told you that you can earn 10 percent on your investments. Which alternative should you select?
Present value of annuity: $9,810 × ? = $ ?
Because the present value of the annuity is less than the immediate cash payment, the winner should select the cash payment .
60 year old disabled widowed. Need fixed income for rest of my life. Is Hartford variable annuity with ryder o?
19
May
variable acct . with insurance and 5% bonus every 5 years (no cap). Hold money for 7 years and with growth projected balance of 300 to 400 thou reasonable? Death benefit for estate. Am paid a monthly benefit based on my highest principal (this does not go down even if market drops.) for life.
Am being told on the above balances I would receive $1,400. a month for rest of life at least, could go higher depending on balance. Help! I am very confused and don’t know if I am making big mistake!
Need help as a 1099!?!?
18
May
In December I was required to obtain my Life/Annuities License (to make it look like they hired more life insurance sales people in 2008 than they really did so my GA can get his bonus)
NO ONE has the time to speak with me about being a 1099 employee
How will I now pay my taxes? Who can I write my checks/mail them too? Are there forms that will accompany my payments?
I will have to open a new account, correct? Pay Quarterly?
Are there any agents out there that can assist me?
I am registered in Pennsylvania
math term help!!! you get 10 points if you can help! need really soon!?
18
May
Which of the following annuity terms best match each of the statements below?
Aannuity due
Bannuity
Cordinary annuity
Dincreasing annuity
Esinking fund
FNone of the above
1.An annuity set up to increase in value over an unspecified number of time periods.
2.An annuity created at the beginning of a period to withdraw funds over equal time periods in the future.
3.An annuity where payments are made at the beginning of the time period.
4.An annuity where payments are made at the end of the time period.
5.An annuity created for a particular amount to be available at a specified future time.
6.A sequence of equal payments made at equal time periods.
I need help with money I inherited, how do I claim?
14
May
This will be a little lengthy, and I apologize for that in advance. I inherited some money from my Grandfather, he left it in an annuity. I have never had to deal with anything like this before. I am 18 years old, and I receive 352 dollars each month from the Government in the form of Social Security checks until the end of this summer, because my mother passed away when I was young. I have never had an on paper job, I had a really good summer job for family friends, and they didn’t pay in the form of checks. I have never paid taxes before, so I am not really familiar with that, but I could learn. I have to fill these papers out and my father is not going to help me because he didn’t inherit anything and is mad. I can take my benefit in a lump sum, I can apply for a Periodic Payment Annuity Benefit, I can elect the Beneficiary Continuation Option, I can become owner of the annuitant, I may enroll the money into a traditional or Roth IRA. I need to know which option I should choose, and they ask for Income Tax Withholding information. I can have them not withhold the taxable portion and agree that I understand I am responsible to repay them. I can have them remove 10% automatically before payment is sent, or can designate an additional portion to taxes. Help please, and thanks.
What kind of jobs can i get with my 2-15 life health and annuities license ? I need an hourly pay?
13
May
I have one now but theres word im going to be losing my job. need help asapp..