After Retirement,you Expect to Live for 25 Years

question 15

Multiple Choice

After retirement,you expect to live for 25 years.You would like to have $75,000 income each year.How much should you have saved in your retirement account to receive this income if the interest rate is 9% per year? (Assume that the payments start one year after your retirement.)

• A)$736,693.47
• B)$83,431.17
• C)$1,875,000
• D)$1,213,487.12

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Definitions:

Attachment Phases

Stages through which a child develops close emotional bonds with caregivers, including pre-attachment, attachment in-the-making, clear-cut attachment, and formation of reciprocal relationships.

Maltreatment

Inappropriate or harmful treatment towards an individual, often referring to physical, sexual, emotional abuse, or neglect, particularly in contexts of caregiving.

U.S. Department Of Health And Human Services

A cabinet-level department of the U.S. federal government responsible for protecting the health of all Americans and providing essential human services.

Child Abuse

Any act by a caretaker, whether through action or failing to act, that results in harm, potential for harm, or threat of harm to a child.