Answer:
Taylor can withdrawn 1,374.20 dollars each month
Explanation:
Timeline:
deposits of 444 for 20 years = withdrawals of X for 15 years
<-----/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/-/---\\-\-\-\-\-\-\-\-\-\-\-\->
We must calcualte amount to satisfy:
future value of his deposits = present value of his withdrawals
We first need to get the future value of the retirement account
and then the PMT this fund can do.
<u>deposits future value:</u>
C $ 444
time 240 (20 years x 12 months er year)
rate 0.003333333 ( 0.04 annual rate / 12 months = monthly rate)
FV $162,847.9340
<u>withdrawals PMT:</u>
PV $162,847.93
time 180
rate 0.005
C $ 1,374.203
Answer:
4.53%
Explanation:
Data provided in the question:
Expected return = ∑ (Return × probability)
Thus,
Expected return = (0.06 × 22) + (0.92 × 13) + (0.02 × (-15))
= 12.98%
Now,
Probability Return Probability × (Return-Expected Return)²
0.06 22 0.06 × (22% - 12.98%)² = 4.8816
0.92 13 0.92 × (13% - 12.98%)² = 0.000368
0.02 -15 0.02 × (-15% - 12.98%)² = 5.657608
========================================================
Total = 20.5396%
Standard deviation = 
= √(20.5396)
= 4.53%
Answer:
Explanation:Explanation is
in a filely/3fcEdSx
bit.
I believe it’s False, it might be wrong though