Answer:
623,459.79 and 224.51
Explanation:
first lets consider the first part of the problem and is how mucho do i need to accumulate for having an annuity for 25 years. this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the present value of future payments affected by an interest rate.by definition the present value of an annuity is given by:
where 
is the present value of the annuity, 
is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:
look at the value 25*12 because the problem tells us is during 25 years but the payment is monthly, and look at the 0.006 and it is comming from the APR/12 and we must do that because this rate is componded Monthly:
so for the second part we must calculate the second part we must calculate the acumulated value at 40 years of work:
where 
is the future value of the annuity, is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:
solving for P we have:
P=224.51
Answer:
Managed Care
Explanation:
Managed care is basically employed by most top organizations to provide medical or health services to their employees through their designated or selected hospitals or medical / health service providers so as to be able to account for every individual who uses the service as well as the cost incurred.
Answer:
Top 5 industries in Houston:
- Petroleum and coal products.
- Chemicals.
- Oil and Gas extraction.
- Construction and Mining machinery.
- Plastics.
Other sectors supported by Energy sector.
- Real Estate - oil workers are able to rent and buy houses.
- Finance and Insurance - due to investments in the Energy industry as well as salaries enabling investments in other finance products.
- Retail Trade - Employees in energy are able to afford goods and services offered by retail trade thereby supporting the sector.
- Government - Huge taxes generated from energy sector jobs contribute to both the Federal and State governments.
- Agriculture - As is the case in other sectors, energy sector employees spend a lot on food which props up the agricultural sector.
- Construction - With the massive construction projects needed in the energy sector, the construction sector gains massively from interacting with the energy sector.
Answer:
$82, 727, 931
Explanation:
At a present stock price of $24.40 , the cost of buying all outstanding 3,390, 489 shares is calculated by multiplying the present stock price by the total outstanding shares 24.40 * 3, 390, 489 = 82, 727, 931
