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4 years ago

How do long term goals differ from short term goals

2 answers:

6 0

Long-term goals are goals that take a longer amount of time to reach completion compared to short-term goals. Most people use short-term goals as a stepping stool to complete their long-term goal. Short-term goals seem more attainable to people because they have an end result they can 'see' as opposed to long-term goals.

Lyrx [107]4 years ago

5 0

Short term goals are anywhere from one week, to less then one year to complete. Long term goals are something that takes you a year or more to complete

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Roughly two-thirds of all lobbyists in the nation's capital represent

lapo4ka [179]

Answer:

Explanation:

7 0

3 years ago

Using the continuous compounding equation, if someone invested $5,000 at an interest rate of 3.5%, and someone else invested $5,

UNO [17]

Answer:

Therefore after 16.26 unit of time, both accounts have same balance.

The both account have $8,834.43.

Explanation:

Formula for continuous compounding :

$P(t)=P_0e^{rt}$

P(t)= value after t time

$P_0$ = Initial principal

r= rate of interest annually

t=length of time.

Given that, someone invested $5,000 at an interest 3.5% and another one invested $5,250 at an interest 3.2% .

Let after t year the both accounts have same balance.

For the first case,

P= $5,000, r=3.5%=0.035

$P(t)=5000e^{0.035t}$

For the second case,

P= $5,250, r=3.5%=0.032

$P(t)=5250e^{0.032t}$

According to the problem,

$5000e^{0.035t}=5250e^{0.032t}$

$\Rightarrow \frac{e^{0.035t}}{e^{0.032t}}=\frac{5250}{5000}$

$\Rightarrow e^{0.035t-0.032t}=\frac{21}{20}$

$\Rightarrow e^{0.003t}=\frac{21}{20}$

Taking ln both sides

$\Rightarrow lne^{0.003t}=ln(\frac{21}{20})$

$\Rightarrow 0.003t}=ln(\frac{21}{20})$

$\Rightarrow t}=\frac{ln(\frac{21}{20})}{0.003}$

$\Rightarrow t= 16.26$

Therefore after 16.26 unit of time, both accounts have same balance.

The account balance on that time is

$P(16.26)=5000e^{0.035\times 16.26}$

=$8,834.43

The both account have $8,834.43.

7 0

3 years ago

ABC Co. provides the following sales forecast for the next four months: April May June July Sales (units) 590 670 620 710 The co

WINSTONCH [101]

I think the answer will be 0.2%

3 0

3 years ago

Assume that IBM is expected to pay a total cash dividend of $5.60 next year and that dividends are expected to grow at a rate of

IceJOKER [234]

Answer: $112

Explanation:

The following information can be gotten from the question:

Growth Rate = 5%

Dividend at end of year,D1 = 5.60

Required return, ke = 10%

Then, the current market value will be:

P0 = De/(ke-g)

= 5.60/(10% - 5%)

= 5.60 / 5%

= 5.60/0.05

= $112

Therefore, the current market value of a share of IBM stock is $112.

6 0

3 years ago

Assume Ireland and Mauritania can both produce grain and dates, and that the only limited resource is the farming labor force, m

vesna_86 [32]

Answer:

Mauritania has an absolute advantage in the production of dates

Neither countries have an absolute advantage in the production of grains

Explanation:

A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries

Ireland and Mauritania produces 10t grains. None of the countries have an absolute advantage in the production of grains

Mauritania produces 25t of dates while Ireland produces 5t of dates. 25 is greater than 5, so Mauritania has an absolute advantage in the production of dates

4 0

3 years ago