Forex Video analysis 21th September 2011
FX Video analysis 21st September 2011. The charting software being used is Metastock Pro11 & the strategy setup taught by Serene Education Ltd
FX Video analysis 21st September 2011. The charting software being used is Metastock Pro11 & the strategy setup taught by Serene Education Ltd
Question by : If you pass the CPA exam does it matter if you have a masters?
I am thinking about getting my CPA and wanting to go about it the best way possible. I can apply for a masters program, or just take additional undergrad accounting courses until I have met the 150/30 required. Would I get paid/respected more by having my masters?
Best answer:
Answer by derdaktari
an MBA/CPA usually gets paid more than a BBA/CPA…… the MBA may mean 36 credits, but they will be more focused on business, and THAT is why the degree is more valuable than the 150 credit BBA.
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You are a financial advisor who has been approached by a client for help on her financial plan of action. She has $250,000 in savings in the bank which she plans to invest. She is 55 years old and expects to work until she turns 65, making $100,000 per year. She expects to earn a return of 5 percent on her investments.
(a)During her retirement years, she would like to be able to withdraw $80,000 a year, starting at age 66 and continuing until age 90. How much would she need in the bank when she retires to be able to do this?
1,103,891.34
(b)How much of her income would she need to save each year until she retires to be able to afford the planned withdrawal each year, starting at age 66?
87764.41
(c)Assume that her rate of return falls to 4 percent on her retirement date. How much, if any, would your client have to lower her annual withdrawal, assuming that she still plans to withdraw cash each year until age 90?
72400.74
are theses all correct?