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DIA [1.3K]
3 years ago
7

You have $12,949.72 in a brokerage account, and you plan to deposit an additional $4,000 at the end of every future year until y

our account totals $220.000. You expect
to earn 12% annually on the account. How many years will it take to reach your goal? Round your answer to the nearest whole number
ps
years​
Business
1 answer:
mart [117]3 years ago
4 0

Answer: 15

Explanation:

Given the following :

Interest per annum (I / YR) = (12 / 1) = 12

Future value (FV) = $220,000

Present Value (PV) = $12,949.72

Payment per period (PMT) = $4000

Using the online financial calculator :

The number of periods to attain a future value of $220,000 with a present value of $12,949.72 and periodic payment of $4000 at an interest rate of 12% per annum is 15.

Therefore, the number of periods is 15.

Inputting the above parameters into the online financial calculator gives a period (N) value of 15.

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When the price of gasoline decreases, brad buys more gasoline and more of all other goods. this information describes the real income effect of a price decrease.

The profits impact describes how the alternate in the charge of an awesome can change the quantity that purchasers will demand of that accurate and associated item, primarily based on how the fee change impacts their real income.

the cash earned with the aid of someone, company, authorities, etc. Over a particular period of time that is calculated through thinking of the impact of inflation on what can surely be sold with that cash: In common, an individual worker is increasing his or her real income by using much less than 1% at the present time.

A boom in real incomes will reason the call for items/offerings to boom (the extent to which relies upon the marginal propensity to eat). however, as the majority of united kingdom goods are imported, growth in the call for goods will increase the demand for imports.

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2 years ago
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D. Continue to make them because the incremental cost of buying is $22,000

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Since the total manufacturing cost is $23,000 and the purchasing cost is $22,000 so the difference is very loss so it is to be continued by making them as the buying incremental cost is $22,000

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3 years ago
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According to my research on the strategic marketing planning process, I can say that based on the information provided within the question Molly is engaged in the Marketing Mix step of this process. This step focuses on Product Development, Pricing, Promotion, and Distribution. Which the ones in bold are what Molly is doing.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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