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dlinn [17]
2 years ago
10

You want to be able to withdraw $35,000 each year for 15 years. Your account earns 9% interest. a) How much do you need in your

account at the beginning
Business
1 answer:
Lina20 [59]2 years ago
4 0

Your interests are activities that you enjoy doing and subjects that you enjoy spending time learning. Are interest. When something interesting, it draws your attention and makes you want to learn more about it: less interesting was discussed.

Interest is the money paid to spend someone else's money. An interesting example is $ 20 in this year's savings account. An example of interest is the $ 2,000 paid on a mortgage this year.

Interest is paid for a lifetime but disappears upon death (especially from the property).

Learn more about interest at

brainly.com/question/16134508

#SPJ4

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Which type of insurance has flexible premium payments? A. automobile liability insurance B. earthquake insurance C. index univer
vlada-n [284]
The best answer here would be
C.) index universal life insurance.
With life insurance it's not required by the state, therefore, you get to choose a specific plan that fits your desire for payments.

6 0
3 years ago
The Manchester Corporation manufactures wooden pictures frames. In order to better manage costs, the Manchester Corporation had
Serhud [2]

Questions

The Manchester Corporation manufactures wooden pictures frames. In order to better manage costs, the Manchester Corporation had previously developed the following standards for the manufacture of its product:

Each unit should have 3/4 of a pound of direct materials purchased at $12 per pound.

Each unit should be produced in 48 minutes at a direct labor cost of $16 per hour. The company had the following detailed retails:

Actual production was 20,000 units using 14,600 pounds of direct materials at a total cost of $168,000 and required 11,000 direct labor hours at a total cost of $190,000.

What is the company cost variance related to direct labour

Answer:

Direct labour cost total Variance  = $66,000 favorable

Explanation:

The direct labor cost total variance is the difference between standard labour cost of the actual production achieved and the actual labour cost.

The standard labour cost of labour per unit of output is not given. So, we work it out first

Standard labour cost per unit= 48/60× $16= 12.8 per unit

                                                                                                   $

20,000 units should have cost (20,000× 12.8)                256,000

but did cost                                                                      <u>   190,000</u>

Direct labour cost total Variance                                     <u>   66,000 </u>favorable

Direct labour cost total Variance  = $66,000 favorable

7 0
3 years ago
A market analyst is developing a regression model to predict monthly household expenditures on groceries as a function of family
ra1l [238]

Answer:

Letter e is correct. <u>A independent variable.</u>

Explanation:

In this question, the most appropriate alternative is the letter e, an independent variable.

In statistics, an independent variable is one whose measure will not depend on any other variable, unlike the dependent variable which corresponds to a measure that will always depend on another variable measure.

8 0
3 years ago
Read 2 more answers
Financial Institutions are described as having an asset transformation function. Explain this function and describe how a bank t
anyanavicka [17]

Answer:

In simple words, Asset transformation can be understood as the process of turning small denominational, instantly available, and generally riskless deposit accounts into lenders moderately risky, high denomination assets that are returned according to a specified schedule–from obligations (deposits) with distinct traits.

4 0
3 years ago
To motivate employees, several major department stores are experimenting with incentive compensation plans, although compensatio
Evgen [1.6K]
Stores can make sure their employees are being incentivized when what they do benefits the customer and the store as a whole. Their main goal is to serve the customer because a happy customer comes back and refers their fiends. The employees can be rewarded on referral base actions, feedback cards and other ways that show management they are being honest and truthful to the customer. 
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