Assume that you are 40 years old and wish to retire at age 65. You expect to be able to average a 6% annual rate of interest on your savings over your lifetime (both prior to retirement and after retirement). You would like to save enough money to provide $8,000 per year beginning at age 66 in retirement income to supplement other sources (social security, pension plans, etc.). Suppose you decide that the extra income needs to be provided for only 15 years (up to age 80). Assume that your first contribution to the savings plan will take place one year from NOW. How much must you save each year between now and retirement to achieve your goal?
A、$1816.18
B、$1716.18
C、$1516.18
D、$1416.18
第1题
I wouldn't like you to think for one moment that I think education is about earning money, and I merely talked about the money education brings to Australia to reinforce what a big program it is and how important it is for Australia. and for Australian finances and there seems little doubt that governments really are obsessed by export dollars. I'm not saying that's wrong I'm just making a comment, but governments are obsessed by export dollars and therefore education is important. //
When I went to school, and I went to a government funded public school, there were about 750 boys at that school, and there were two Chinese students one of whom was me. Last year I spoke at a speech day. It is now a co-educational school, but 70 percent of the students were of Asian heritage, and of that 70 percent, about three quarters of them were Chinese. It's a selective school and therefore reflects, I think, the Chinese and the Vietnamese families' determination that education is important if they want their children to succeed. //I think that's great, but if any of you have visited the campus of my university you would notice one thing and that is it looks very Asian. At the present time, the University of NSW has about 34,000 students, 27 percent of whom are overseas students and the majority of those are ethnic Chinese but if you look at the campus you would think about 55 to 60 percent look Asian because the other quarter are like me, Asians who are Australians. And that's an interesting reflection of what's happened to Australia. //
(Excerpts from the speech delivered by Dr. John Yu, Chairman of the Australia-China Council, on the Australia-China Oration Series 2002, November 6, Beijing)
第3题
B.inconvenient
C.mistaken
D.unsuitable
第4题
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