Answer:
$44,994.56
Explanation:
Provided that
Spending amount for living expenses by a family = $40,000
Percentage increase is 4%
Number of years = 3
So, the family living expenses after three years equal to
= Spending amount for living expenses by a family × (1 + rate)^number of years
= $40,000 × (1 + 0.04)^3
= $40,000 × 1.124864
= $44,994.56
The three bottom line in the social responsibility are :
- Economic
- Social
- Environment
This three bottom lines could directly affect each other. For example, as the company experienced an economic growth, it could increase the quality of the social and environmental element around the company through various Corporate social responsibilities.
Using barbell strategy, funds are allocated to bonds with a short term to maturity and bonds with a long term to maturity.
<h3>What Is Barbell Strategy?</h3>
The barbell strategy is one that explains that the best way to strike a balance between reward and risk is to invest in different high risk and no risk investment.
Therefore, barbell strategy allocates some funds to achieving a relatively high return.
Learn more about barbell strategy, at;
brainly.com/question/25885448
