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Sunny_sXe [5.5K]
3 years ago
11

Your sister just deposited $13,000 into an investment account. She believes that she will earn an annual return of 10.3 percent

for the next 10 years. You believe that you will only be able to earn an annual return of 9.4 percent over the same period. How much more must you deposit today in order to have the same amount as your sister in 10 years
Business
1 answer:
omeli [17]3 years ago
6 0

Answer:

146,640

13,000×9.4%=1,222

1,222×120=146,640

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How does the role of the department of labor (DOL) in the economy differ from that of the securities and exchange commission(SEC
Delicious77 [7]

Answer:

B) The DOL protects workers while the SEC oversees the stock market.

Explanation:

The department of labor primary responsibilities is catering to the welfare of retirees, job seekers, and workers. The DOL promotes the well-being of employees by advocating for better working conditions and protecting their health care and retirement benefits. Department of Labor seeks to have employees profit from their time in employment. It administers several laws that concern workers, such as the occupation, health and safety, and the minimum wages.

The Securities and Exchange Commission (SEC) is a federal agency body that regulates the securities industry. The SEC proposes the rules in the securities exchange and options markets.  The body promotes and demands integrity and fair practices from all players in the securities exchange industry.

3 0
3 years ago
) Using the following information, what is the amount of cost of merchandise sold?
Orlov [11]

Answer:

C. 30,210

Explanation:

Cost of merchandise sold = cost of merchandise purchase - cost of merchandise left in inventory

= Purchases  of $32,000 - Purchases discounts  of $960 - Purchases returns and allowances  of $1,200 + Freight In  of $1,040

- ( Merchandise inventory  at  September 30  of $6,370 - Merchandise inventory September 1  of $5,700)

= 32,000- 960- 1,200+1,040 - 670 = 30,210

5 0
2 years ago
Joe owned a small repair shop. Each day, he would check the mail to see if any of his customers mailed in a payment for the work
Elza [17]

The answer is<u> "variable interval.</u>


In operant conditioning, a variable-interval schedule is a schedule of reinforcement where a reaction is remunerated after a capricious measure of time has passed. This timetable creates a moderate, unfaltering rate of reaction.  

To see how a variable-interval schedule functions, we should begin by investigating the term itself. Schedule alludes to the rate of support conveyance, or how much of the time the fortification is given. Variable demonstrates that this planning isn't reliable and may fluctuate starting with one preliminary then onto the next. At last, interim implies that conveyance is controlled by time. In this way, a variable-interval schedule implies that support is conveyed at different and erratic intervals of time.

5 0
2 years ago
ou manage an equity fund with an expected risk premium of 10% and a standard deviation of 14%. The rate on Treasury bills is 6%.
serg [7]

Answer:

Reward to volatility ratio = 0.71

Explanation:

Given the expected risk premium = 10%

Standard deviation = 14%

The rate on treasury bills = 6%

The investment amount  that the client chooses to invest  = $60000

Expected return of equity = the expected risk premium  + The rate on treasury bills

Expected return of equity = 10% + 6% = 16%

Standard deviatin = 14%

Reward to volatility ratio = (expected return - risk free rate) /standard deviation

Reward to voltality ratio = (16% -6%)/14%

Reward to voltality ratio = 0.71

4 0
3 years ago
Mark hires Joe's real estate agency to sell his estate, telling Joe he has lost too much money playing the stock market to affor
artcher [175]

Answer:

No.

Explanation:

The contract is no longer valid because of changes in the condition of offer. By the operation of law, the occurrence of certain events will automatically terminate an agency relationship. Since Mark expressly stated that the reason he was selling the estate was because he has lost so much money, any significant cash inflow to Mark apart from the sale of the estate will ultimately affect his decision to sell. As such, the lottery he won is a cash flow and since a vital condition for selling the estate has been breached. The contract is to be declared invalid.

6 0
2 years ago
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