Assume Raymond is 25 years old now, and will retire at the age of 60. He wants

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Assume Raymond is 25 years old now, and will retire at the age of 60. He wants to plan the following: a) RM100,000 for his son to go to college 25 years from now. b) RM 90,000 for his daughter’s marriage which he thinks will be 15 years from now c) He shall go on world tour two years after his retirement, and he has calculated a cost of RM RM200,000 for this. d) He will need RM 10,000 each month after his retirement for the next 20 years. Find how much shall he have to save and invest monthly to meet all of the above expenditures if wants to save from today till his retirement. Assume a rate of return of 6% throughout the whole period.
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Question 1: Raymond offered to sell his computer to William for $ 1000, stating he would keep the…

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Question 1: Raymond offered to sell his computer to William for $ 1000, stating he would keep the…

Question 1: Raymond offered to sell his computer to William for $ 1000, stating he would keep the offer open for 3 days. The next day Raymond phoned William and said he was withdrawing the offer because he had received an offer of $1200 from Greg. William however said he would accept the offer now Raymond did not have to keep it open for the full 3 days. Who has R reached an agreement with?Question 2: Ian and Jenny have discussed Jenny buying Ian’s car. Ian sends Jenny an e-mail which says …
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