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soldi70 [24.7K]
3 years ago
13

You have just started a new job and plan to save $5,250 per year for 35 years until you retire. You will make your first deposit

in one year. How much will you have when you retire if you earn an annual interest rate of 9.47 percent
Business
1 answer:
nasty-shy [4]3 years ago
6 0

Answer:

FV= $1,260,205.98

Explanation:

Giving the following information:

Annual deposit= $5,250

Number of years= 35 years

Annual interest rate= 0.0947

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,250*[(1.0947^35)-1] / 0.0947

FV= $1,260,205.98

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The computation is shown below:

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Answer:

An ONLINE TO OFFLINE STRATEGY

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4 0
4 years ago
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What is the purpose of this presentation? to persuade to instruct to inform to entertain
elena-s [515]

To give the audience more information or teach them about something ENTERTAIN. Keeps the audience's attention usually in an enjoyable way INFORM. Gets the audience to believe something or do what they are saying PERSUADE.

What is the purpose of this presentation to persuade?

In a persuasive speech, the goal is to change the attitudes, beliefs, values, or judgments of your audience.

If we look back at the idea of motive, in this speech the prosecuting attorney would try to convince the jury members that the defendant is guilty beyond reasonable doubt.

When an author's purpose is to inform, they usually wish to enlighten their readership about a real-world topic. Often, they will do this by providing lots of facts.

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6 0
2 years ago
Lindley Corp.'s stock price at the end of last year was $33.50, and its book value per share was $25.00. What was its market/boo
tino4ka555 [31]

Answer:

C. 1.34

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To calculate the ratio:

stock price at the end of last year was $33.50 divided by value per share of $25.00

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Answer:

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