Answer:
$108,622.60
Explanation:
Calculation for the amount Janine's IRA will worth when she needs to start withdrawing money from it when she retires
Based on the information given we were told that She has the amount of $5,000 in an IRA, which is a vital part of her retirement nest egg in which She has well believes that her IRA will increase at an annual rate of 8%.
Secondly we were told that she is 25 age and plan to retire at the age of 65 which means that the number of years until her retirement will be 40 years(65 years-25 years)
Now let calculate how much she will be worth using this formula
Amount worth= Present value in IRA*(Annual rate increase)^ Numbers of years until retirement
Let plug in the formula
Amount worth=5,000 *(1 + 0.08)^40 =
Amount worth=5,000*(1.08)^40
Amount worth =5,000*21.72452
Amount worth= $108,622.60
Therefore Janine's IRA will be worth $108,622.60 when she needs to start withdrawing money from it when she retires.
The answer is Companies!!
Answer:
A business that basically leases property that should included in the actual rental payments each month including the "Rent Expense", this is a line of the cash that has a flow statement. These two terms rent or lease are payments of a significant part of the cash called an outlay of the business, so the expense is typically or generally illustrated on the line of it's own. hope this helps :)
Answer:
4 SWOT analysis
Explanation:
Swot means strength weakness opportunity and threat analysis. It's An organization's study to identify its inner strong points, vulnerability, threats and additional prospects in relation to business planning and development.it gives the overall organisational situation report.
Answer:
Contribution margin of the Commercial business segment = $137,000
Explanation:
Given:
Fixed expenses = $210,000
Consumer business segment = $122,000
Commercial business segment = $88,000
Note:
Missing input
Sales revenue of Commercial business segment = $280,000
Variable expenses of Commercial business segment = $143,000
Find:
Contribution margin of the Commercial business segment
Computation:
Contribution margin = Sales revenue - Variable expenses
Contribution margin of the Commercial business segment = $280,000 - $143,000
Contribution margin of the Commercial business segment = $137,000
