Mrs. D who 27 years old plans to retire at the age of 55. Mrs. D would like to be able to withdraw $132,000 per year from her retirement account for 45 years after retirement beginning the year after her retirement. She is also expecting an inheritance of $54,000 to be transferred to her on her 35th birthday.a How much does she need to have in her retirement account by retirement date if the interest rate is 6% per year during the post-retirement years?b Suppose she already has $12,000 in her retirement investment account that earns 9% per year. What will be the value of this amount by her retirement date?c Given her goal, her expected inheritance, and the investment she already has in 1b, how much does she need to invest per year from now till retirement (at 9% annual rate of return) in order to reach her retirement goal?

Are you having trouble with the above assignment or one similar?

We offers 100% original papers that are written from scratch.We also have a team of editors who check each paper for plagiarism before it is sent to you.
!-- End of Footer -->