Answer:
(a) The amount you need in your retirement account the day yo retire is $581,773.42.
(b) If you take the first withdrawal the day you retire, the amount needed is $669,039.44.
Explanation:
This problem is a case of annuity (n = 25 years).
They plan to withdraw $ 90,000 annually from the end of the first year of retirement.
The formula that relates capital in the account to annual withdrawals is
If your first withdrawal will be made the day you retire, you can calculate the amount of money in your account as the amount calculated before ($581,773.42) and multiplying it by (1+i)=1.15.
This is because all withdrawals are being advanced in one year, so the current value would be C '= C * (1 + i). Then we have:
The answer to the question above is letter C. In a Mixed Economy, both individuals and the government participate, and enterprises are both privately and publicly owned. Mixed economy is an economic system which refers to the market economies with proficient regulatory oversight and provided public goods by the government.
Answer:
The correct answer is B. private cost borne by the utilities, and the supply curve for electricity will shift down.
Explanation:
In advance it is easy to infer that such a curve is the trace of the duration of something. In general, a duration curve quantifies a certain type of occurrence or frequency accumulated in units of time of that particular something or variable.
For their determination, the registered values of the variable under consideration are ordered in descending hierarchical succession (from highest to lowest) and sets or classes are established without a cap (upper bound), each if with a minimum correspondingly equal to one of said values of the variable. Then, the class frequency or amount of "times" (total time units) that the minimum of each class is recorded is calculated, and then the time corresponding to the values of the variable equal to or greater than that minimum is totaled. . From the Descriptive Statistics it is clear that each following accumulated frequency is equivalent to adding the corresponding class frequency with the previous accumulated frequency. So the final cumulative frequency must add up the total measurement or evaluation time.
The answer to this question is: Sickness
Actually, the negative effect of consuming alcohol excessively could be easily spotted 200 years ago compared to these days.
In the past, most of our activities required physical work, such as agriculture or mining. People who consume alcohol excessively will be really weak and uncoordinated when performing such jobs
Answer:
Bank Reconciliation statement:
Bank's cash balance = Per bank statement + Deposits outstanding - Checks outstanding
= $22,346 + $1,725 - $1,300
= $22,771
Therefore, bank balance per reconciliation is $22,771.
Company's cash balance = Per general ledger - service fees
= $22,810 - $39
= $22,771
Therefore, company balance per reconciliation is $22,771.
