Mr. Alfred Road
Order custom writing paper now!
  • Your research paper is written by certified writers
  • Your requirements and targets are always met
  • You are able to control the progress of your writing assignment
  • You get a chance to become an excellent student!
Get a price quote
 
Title: Mr. Alfred Road

Essay Details:

Subject: Business
Author:
Date: April 4, 2013
Level: University
Grade: B
Length: 3 / 799

Essay text:

We find the 20-year annuity with present value equal to the value in the account: Present Value = annual payment ? 20-year annuity factor at 9% interest rate: PV = annual payment $180,000 = annual payment ? 9.129 ? Annual payment = $180,000/9.129 = $19,717 Notice that the investment account provides annual income of $19,717, which is more than the annual interest from the account. This is because Mr. Road plans to run the account down to zero by the end of his life. So Mr. Road can spend: $19,717 + $600 + $9,000 = $29,317 per year This is comfortably above his current living expenses, which are $2,000 per month or $24,000 annually...

Showed 18% of text Buy database access to get full access to all 184 988 essays

Calculate a fair price for your order

Do you need an essay?

A professional team of writers is able to craft custom essays from scratch according to your instructions. We are ready to satisfy writing needs of every demanding customer.

Price start from $11.99 / page
Order now

Do you need many essays?

The product provided is intended to be used for research or study purposes. Get instant access to over 200,000 papers.

Price start from $28.95 / month
Buy database access
101 4.9 5

Feedback of people who used our services.

Rudy A., Los Angeles. CA

My experience with ManyEssays.com is extremely satisfying! I was amazed on your user-friendly website which is very helpful. I have also happy on how your customer service experts ...

Rebecca G., Portland, OR

I would like to say thank you for the level of excellence on providing written works. My University required us a very difficult paper using a very specific writing format and ...

Michael S.,Austin, TX

I am happy with the results your company gives. ManyEssays.com is the best place for essays!

Vincent S., Boston, MA

I was given by my professor a very difficult essay assignment and I really don’t know what to do. I needed help and ManyEssays.com came at the right time. I quickly availed your ...

Conrad H., Pasadena, CA

I am very happy on the excellent job your writers did on my thesis. It was beautiful in every way, it was a literary masterpiece! Everything was done according to instructions and ...

Alex M., Richmond, VA

A top-notch organization all the way and a model in excellent service, your company is. The level of expertise in your field is exceptional as you have in your employment the best ...

Emily R., Boston, MA

Your writing service is so amazing! I was skeptic at first on how your company provides result, but my skepticism gradually vanished immediately after you had finished one task in ...

Timothy J., Houston, TX

Your services were an important factor for my academic advance during my college years. I really thank you that you were there when I needed help in my term paper. Your company ...

Similar Essays:

Entreprenuership

1 pages / 90 words

GDP

3 pages / 763 words

Low Savings

1 pages / 273 words

Mr. Alfred Road

3 pages / 799 words

Old Alfred Road

2 pages / 521 words

The Constant Velocity of Money

3 pages / 704 words

Spending Of Sports

1 pages / 277 words