Jacobius, Arleen
Be careful sacrificing so much only to retire early and live a restricted life. And yes, I understand that retiring early to live in poverty can also be more eloquently called:Lean FIRE. But careful. Recreating the category of FIRE to suite your financial situation may simply be a coping m...
The sad part about wondering whether 10 million dollars is enough to retire comfortably is that plenty of people who make a lot of money still go broke. Just look at so many ex-NFL players who end up with very little soon after their careers are over. The reason why they end up broke...
The fully depreciated flag is set to Y because the Remaining Year, Days has reached zero. A Switchover method is needed for other types of depreciation (other than Straight-Line) to ensure the NBV will reach $0.00 at the end of the asset's life. The purpose of the Switchover method ...
Find the amount of time needed for a sinking fund with monthly deposits of $2,500 at 6% to accumulate to $1,000,000. Show work. Assume that you are presently 30 years old and that you intend to retire when you turn 65. You would like...
Answer to: Find the compound amount and the amount of interest earned by the following deposit. $4000 at 0.94% compounded semiannually for three...