PerFin Unit 1 Graded milestone attempt 2

Continuing Case 15. Personal Balance Sheet Jamie Lee Jackson, age 24, now a busy full-time college student and part-time bakery clerk, has been trying to organize all of her priorities, including her budget. She has been wondering if she is allocating enough of her income towards savings, which includes accumulating enough money towards the $10,500 down payment she needs to begin her dream of opening a cupcake café. Jamie Lee has been making regular deposits to both her regular, as well as her emergency savings account. She would really like to sit down and get a clearer picture of how much she is spending on various expenses, including rent, utilities, entertainment and how her debt compares to her savings and assets. She realizes that she must stay on track and keep a detailed budget if she is to realize her dream of being self-employed after college graduation. Use the details below to complete Jamie Lee's personal financial plan to determine her financial position. Each answer must…

Ruth (31) is your new client. She graduated from GBC five years ago. Since then, she has worked hard and progressed at her job. Two years ago, she bought a condo and now she finds that money is tight She is looking for your input on her financial position. Below is the financial data she provides for 2020. Incomes and expenses are annual, assets and liabilities are balances on Dec 31, 2020     Chequing Account $3000              RRSP $21000 Saving Account $6000               Condo $590000 Stock Portfolio $18000               Car.  $ 39000 GIC (5-year term) $7000.              Student loan $21000 Car Loan $25000.                   Line of credit(outstanding)$29000 Employment Income $ 88000.          Mortgage debt $250000 Income Taxes $32000.                Clothing $2500 Mortgage payments $17000.           Heat $2000 Food expenses $5500.                Entertainment $5000 Loan payments $11000.               Transportation $4500 Insurance premiums $3000.            Vacation $4000…

Need help with Case C & D and Chart thanks.

Practice 1 Your friend is celebrating her 35th birthday today and wants to start saving for her anticipated retirement at age 65 (she will retire on her 65th birthday). She would like to be able to withdraw $80,000 from her savings account on each birthday for 20 years following her retirement (the first withdrawal will be on her 66th birthday). Your friend intends to invest her money in the local savings bank which offers 4% p.a. compound semi-annually. She wants to make equal annual deposits on each birthday in a new savings account she will establish for her retirement fund. If she starts making these deposits TODAY and continues to make deposits until she is 65 (the last deposit will be on her 65th birthday), what amount must she deposit annually to be able to make the desired withdrawals upon retirement? Any intermediate steps should be rounded to 4 or more decimal places.

webwork / mat110e_oncampus_f/ finance.set.3/6 Finance.set.3: Problem 6 Previous Problem Problem List Next Problem Eugene began to save for his retirement at age 31, and for 15 years he put $ 425 per month into an ordinary annuity at an annual interest rate of 9% compounded monthly. After the 15 years, Eugene was unable to make the monthly contribution of $ 425, so he moved the money from the annuity into another account that earned 9% interest compounded monthly. He left the money in this account for 19 years until he was ready to retire. How much money did he have for retirement? Retirement amount = If Eugene had waited until he was 43 years old to start saving for retirement and then decided to put money into an ordinary annuity for 22 years earning 9% interest compounded monthly, what monthly payment would he have to make to accumulate the same amount for 2. retirement as you found in the first part of the question? Retirement amount = 3.

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Reference: https://pdfroom.com/books/personal-finance-10th-edition/JzydD6rQ214 page.33

Here is my question attched in excel spreadsheet

oblem Set for Savings Account Goals ATH 113: Section 9.4b Page 2 of 2 3. Rachel still wants that new camera that costs $3800 for her photography business. Her savings account earns .89% compounded monthly a. Rachel wants to know how long it will take her to save for the camera if she makes monthly deposits of $75. b. How much will she pay in the long run for the camera if she makes monthly deposits of $75?

Solve urgent i will rate Madeline Rollins is trying to decide whether she can afford a loan she needs in order to go to chiropractic school. Right now, Madeline is living at home and works in a shoe store, earning a gross income of $1,220 per month. Her employer deducts a total of $300 for taxes from her monthly pay. Madeline also pays $180 on several credit card debts each month. The loan she needs for chiropractic school will cost an additional $270 per month. Calculate her debt payments-to-income ratio with and without the college loan. (Remember the 20 percent rule.) (Enter your answers as a percent rounded to 2 decimal places.) Can she currently afford the school loan? multiple choice Yes No

How much money must an electrical contractor deposit every year in her savings account starting 1 year from now at 7.5% peyear in order to accumulate $9000 five years from now?Select one:O a. 49620Ob. 1290O c.726d.1549Oe.52290Clear my choice Please answer fast please arjent

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Suppose you wish to retire 40 years from today you determine you need $50,000 per year once you retire with the first retirement fund withdrawn one year from the day you retire you estimate that you will earn 6% per year on your retirement fund and that you will need to fund up to and including your 25th birthday after retirement

Can someone anwser and help me through these please? Thank you!

Done with Case A. Need help the rest.

please solve this preactice problem

I just need help with part D.

Below is a savings plan for Adrienne. Use this table to answer the questions below.# of Months Saving Account Balance2 $856 $1059 $12014 $14518 $16513. How much money will Adrienne have saved in 24 months? 11 months?

Please helppp, this is for financial mathematics, thank youuu

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Subject - account  Please help me.  Thankyou.

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Problem #5 Samantha Montgomery (age 42) is employed by Canon Company and is paid a salary of $62,430. She has just decided to join the company's Simple Retirement Account (IRA form) and has a few questions. Answer the following for Montgomery: a. What is the maximum that she can contribute into this retirement fund? $ b. What would be the company's contribution? $ c. What would be her weekly take-home pay with the retirement contribution deducted (married filing jointly, wage-bracket method, and a 2.3% state income tax on total wages)? $_ d. What would be her weekly take-home pay without the retirement contribution deduction? $

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General accounting

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Sara met with a financial planner and has determined that she will need $1,250,000 when she retires in 30 years. She has found an annuity that pays 5.65%, compounded monthly. What will she need to save each month, if a) Sara begins saving now?               N:                           P/Y:             I%:                         C/Y:             PMT:                              FV:     End or Begin   $1,323.80 $9,473.56 $645.10 $1,000,000

Please help me im stuck in thie i need ans

Please I need quick response and explanation no plagiarism please

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