Approximately How Much Must Be Saved for Retirement in Order

question 38

Multiple Choice

Approximately how much must be saved for retirement in order to withdraw $100,000 per year for the next 25 years if the balance earns 8% annually,and the first payment occurs one year from now?

• A) $1,067,477.62
• B) $1,128,433.33
• C) $1,487,320.09
• D) $1,250,000.00

Examine the ideology driving punitive punishment policies.

Understand the legal and unethical outcomes resulting from mandatory minimum sentences and moral panics.

Understand the origins and impacts of the War on Drugs.

Recognize the shifting public opinion on punitive policies including the death penalty.

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Definitions:

Closed Primary

is an electoral system where only registered members of a political party can vote in that party's primary elections to select candidates.

Majority System

An electoral system in which the candidate who receives more than half of the votes wins.

Referendum

A direct vote in which an entire electorate is asked to vote on a particular proposal, potentially a change in the constitution.

Electoral Votes

Electoral votes are votes cast by electors in the Electoral College, determining the outcome of presidential elections in the United States.