fbpx

Corporate FInace Assignment/ Professional Essay Writers

Grady​ Zebrowski, age​ 25, just graduated from​ college, accepted his first job with a ​$45 comma 000 ​salary, and is already looking forward to retirement in 40 years. He assumes a 3.5 percent inflation rate and plans to live in retirement for 20 years. He does not want to plan on any Social Security benefits. Assume Grady can earn a 6 percent rate of return on his investments prior to retirement and a 6 percent rate of return on his investments​ post-retirement to answer the following questions using your financial calculator.

Don't use plagiarized sources. Get Your Assignment on
Corporate FInace Assignment/ Professional Essay Writers
Just from $13/Page
Order Now

Gibbs' reflective cycle in nursing

a. Grady wants to replace 90 percent of his current net income. What is his annual need in​today’s dollars?

b. Using the table LOADING…​, Grady thinks he might have an average tax rate of 13 percent at retirement if he is married. Adjusting for​ taxes, how much does Grady really need per​year, in​ today’s dollars?

c. Adjusting for​ inflation, how much does Grady need per year in future dollars when he begins retirement in 40 ​years?

d. If he needs this amount for 20 ​years, how much does he need in total for​ retirement?​ (Hint: Use the​inflation-adjusted rate of​ return.)

e. How much does Grady need to save per month to reach his retirement goal assuming he does not receive any employer match on his retirement​ savings? Click on the table icon to view the FVIF table LOADING… Click on the table icon to view the PVIFA table LOADING… Click on the table icon to view the FVIFA table LOADING…. a. ​Grady’s annual need in​today’s dollars is ​$ nothing. ​(Round to the nearest​ dollar.)  Get Finance Help Today

Recent Blog Posts

No recent articles to show.

Other Blog Posts

What are the key elements of an essay

You may clearly understand what an essay is and have had the experience of writing a number. However, it is […]

Feb 25th, 2022

How to write a research paper fast

The day inevitably comes; you need to submit your assignment. You have been procrastinating on writing your paper until the […]

Feb 24th, 2022

220+ best humanities research paper topics

Choosing a paper topic can be a daunting task for any assignment. A student may face agony trying to come […]

Feb 24th, 2022

How to write a media analysis essay

The media is an integral part of modern society. Think of what would happen to the world if there were […]

Feb 23rd, 2022

Great tricks on how to write a hypothesis in 2022

A hypothesis is a statement that can be proven by scientific research. It proves the theory of action and reaction, […]

Feb 22nd, 2022

How to get better at math

Math is not difficult. However, it is complex and tough compared to other subjects and requires a little bit more […]

Feb 22nd, 2022