Answer:
The region of space surrounding a body in which another body experiences a force of gravitational attraction.
Please mark as brainlist.
<span>Active endeavors specializes in sporting equipment. Recently, it has decided to add to its business units by opening a steakhouse near a convention center. This strategy is an example of: conglomerate diversification.
Conglomerate diversification is a growth strategy when organizations add new products or services that are vastly different from anything they've sold prior. These new business opportunities are unrelated to their previous and operate completely different.
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Answer:
Annual deposit= $26,344.36
Explanation:
Giving the following information:
The interest rate is 7 percent per year.
He wants to have enough money to provide him with $3,000 of monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires.
First, we need to calculate the total amount of money required:
Final value= 3,000* (30*12)= $1,080,000
Now, we can calculate the annual deposit:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
FV= 1,080,000
i= 0.07
n= 20
A= (1,080,000*0.07) / [(1.07^20) - 1]= $26,344.36
Answer:
ill answer shortly just leaving it here os i dont forget about it
Explanation:
