Answer:
<u>X= $15,692.9393</u>
Explanation:
Giving the following information:
Number of years= 30
Final value= 1,000,000
First, deposit $10000 for ten years (last deposit at t=10).
After ten years, you deposit X for 20 years until t=30.
i= 6%
First, we need to calculate the final value in t=10. We are going to use the following formula:
FV= {A*[(1+i)^t-1]}/i
FV= {10000*[(1.06^10)-1]}/0.06= $131807.9494
We can calculate the amount of money to input every year. We need to isolate A:
A= (FV*i)/[(1+i)^n-1]
First, we need to calculate the final value of the $131807.9494
FV= PV*[(1+i)^n]
FV= 131807.9494*1.06)^20= 422725.95
We need (1000000-4227725.95) $577274.05 to reache $1000000
A= (FV*i)/[(1+i)^n-1]
A= (577274.05*0.06)/[(1.06^20)-1]= 15692.9393
<u>X= $15,692.9393</u>
The annualized holding period return for this investment is 13.17%.
<h3>Define annualized total return.</h3>
The fund's annual return is calculated using the annualized total return to show the rate of return required to generate a cumulative return. A holding period is the duration of time an investor keeps an investment in their portfolio or the interval between buying and selling a security.
The geometric average of yearly returns for each year during the investment period is known as the annualized return. When comparing two investments with different time periods or examining an investment's performance over time, the annualized return can be helpful.
Annualized Return =(Future value + Present value) ^ (1 / N) - 1
= [10,000/9,400]^12/6 - 1
= (1.0638298)²-1
= 1.1317 - 1
= 13.17%
To learn more about to calculate annual return, visit:
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Answer:
How much net income (or net loss) did Sunny experience for the year?
Net loss 6000
Explanation:
Cash 142.000
Land 47.000
Revenue 285.000
Salaries 185.000
Rent 81.000
Utilities 25.000
Net loss -6.000
Answer:
The correct answer is letter "A": changing the culture through diversity training education programs.
Explanation:
Boosting diversity at the workplace is an activity that mainly relies on the representatives of the Human Resources (HR) Department. They are in charge of recruiting and selecting the applicants that will be part of the institution based on their capabilities and expertise. Thus, HR representatives could promote the selection of different individuals from different ages, races, gender, ethnicity, and nationality, without preferring one or another, so the working environment will be diversified and the company can take advantage of the different backgrounds of those new hires.
Therefore, <em>training other employees could improve the understanding of other employees on dealing with workers different than them but this does not foster diversity in the workplace.</em>
