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Fudgin [204]
3 years ago
10

You plan on supplementing your income. you would like to withdraw a semiannual salary of $6,951.20 from an account paying 1.75%

interest, compounded semiannually. determine the amount needed in the account such that you can withdraw the needed amount at the end of each period for 15 years. round to the nearest cent.

Business
1 answer:
ValentinkaMS [17]3 years ago
5 0
We are given with the data: A = <span>$6,951.20 per semi-annum that is $13902.4 per annum, i equal to 1.75% compounded semi-annually, and asked for P or the present worth to maintain the withdrawal for 15 years. 
the formula to be used is attached in the file (third one). substitute the i = 0.0175, n = 30, A = </span>$13902.4 and get P. 

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What is the difference between negotiation and debate​
ratelena [41]

Answer:

A negotiation is usually over goods, salary, where you want to go on vacation and is aimed to come to a compromise or agreement.

A debate, is a formal discussion about the pros and cons of a certain topic where opposing views are expressed.

Explanation:

4 0
4 years ago
2. List several groups that will increase as a percentage of the total U.S. workforce in the next decade.​
jonny [76]

The groups that will increase as a percentage of the total US workforce over the next decade are Asian, Hispanic and African-American youth, ages 16 to 24. This increase may be due to migratory factors.

<h3 /><h3>What are migratory factors?</h3>

It corresponds to the different variables that contribute to the increase in immigration, causing individuals to leave their countries of origin in search of more opportunities elsewhere. The migratory factors are:

  • Economics
  • Sociocultural
  • Politicians
  • Demographics

Therefore, the total US workforce will be highlighted in the next decade by different different ethnic groups due to the large migratory flow that the country faces by individuals from Latin America, Asia and African Americans.

Find out more about migratory factors here:

brainly.com/question/27861438

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8 0
2 years ago
Fitness Fanatics is a regional chain of health clubs. The managers of the clubs, who have authority to make investments as neede
bezimeni [28]

Answer:

1. 20%

2. 25.20%

3. 24.00%

Explanation:

1. The computation of return on investment is shown below:-

Return on investment = Operating income ÷ Average operating assets

= $70,000 ÷ $350,000

= 20%

2. The computation of return on investment (ROI) is shown below:-

Return on investment = Operating income ÷ Average operating assets

= ($70,000 + $18,200) ÷ $350,000

= $88,200 ÷ $350,000

= 25.20%

3. The computation of return on investment (ROI) is shown below:-

Return on investment = Operating income ÷ Average operating assets

= ($70,000 + $14,000) ÷ $350,000

= $84,000 ÷ $350,000

= 24.00%

So, we have applied the above formula.

7 0
3 years ago
Why do most people think of marketing as merely selling or advertising and how is this view limiting?
zysi [14]
Because marketing has a huge range. Generally, people regard it as just simple a place where people sell or purchase goods. 
In my opinion, this kind of view will limit people's mind. I mean, people do not have a good awareness of what marketing is and what business is. 
8 0
3 years ago
Common stock is last stock in line for any corporate payouts, including dividends and liquidation payments.
Finger [1]

Answer:

The correct answer id True.

Explanation:

Common stock is last stock in line for any corporate payouts, including dividends and liquidation payments.

The holder of common (ordinary) stocks are consider to be the owner of the company. They have voting right. These shares entitled their holder to dividends that may vary in amount and may even be missed, depending on the state of the company. However with greater reward their comes greater risk. So in case of winding up they will be last one to get any benifit after settlement of all claim.

6 0
3 years ago
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