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  3. 3. i would like to retire on a monthly income of $

3. I would like to retire on a monthly income of $3,500. Assuming I live...

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Finance

3. I would like to retire on a monthly income of $3,500. Assuming I live for 20 years after retirement, how much capital must I have on retirement to generate the above monthly income for 20 years at 6.5 % annual rate ?
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Quilt on Chapter 6 1 Since interest rates are low and home values are down. I am thinking of buying a home. The interest radeon 30 year mortgage is currently 3.796 for people with my credit score, lestinate the loan amount to be about $165,000. Can you calculate my monthly payment mexcel: --pin (0.00308333,360, 165000) = $75 C 2 A 15 year loan will cost me 3.45% anually. Can you calculate my monthly payment, assuming the same loan amount as in 1 above! mexcel: --p10.003815,180, 165.000) 45.5 3. I would like to retire on a monthly income of $3.500. Assuming I live for 20 years after retirement, how much capital must I have on retirement to generate the above moothly income for 20 years at 6 late? 4 rates What is the present value of a 20-year 520,000 annuity 5.5 interest inexeer =-pul0055 20/2000) 5239001.16 5. What amount will have after 10 years if I save $10,000 every year beginning now $6 anal interest rate 05 FVA = A sou FA-5100000+ ola KF inexcel: -- fv005, 10,10000) = 112577893

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