1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
oksian1 [2.3K]
3 years ago
6

Assume you are now 25 and you want to have a million dollars by the time you are 65. if you can earn 6% per year, compounded ann

ually, how much must you invest today?
Business
1 answer:
Trava [24]3 years ago
3 0
You would have to invest 97,222
97222*6=5833.32 + 97222= 103055.32 Year one
103055.32*.06= 6183.32 = 109238.64 Year two
109238.64*.06= 6554.32= 115792.96 Year three
115792.96*.06= 6947.58 = 122740.54 Year four

You might be interested in
Karl Marx's economic theories resulted in which global change?
Aleks04 [339]
Okay this question is a little tricky but I think the answer is B because he was one of the authors of the communist manifesto that states that the means of the production (Which is resources and the buildings that make the goods.) is Managed by the government. So that’s why I think it is B have a nice day :D
8 0
3 years ago
An individual is attempting to determine if it is necessary to register as an investment advisor due to the nature of some of th
statuscvo [17]

Answer:

[D]

Explanation:

Based on the information provided within the question it can be said that the Clients being accredited or qualified would not affect registration requirements or exemptions. This is due to Investment Advisors Act of 1940 and Investment Advisor would have to register if they are giving advice about  securities, being compensation, and being the business of giving advice, regardless if the client are accredited or qualified.

4 0
3 years ago
Use the graph to answer the question that follows. Graph has quantity along the horizontal axis and price along the vertical axi
Jlenok [28]

The statement that would describe the shift from D1 to D2 is Demand for the product increased.

<h3>Why was there a shift from D1 to D2?</h3>

D2 is a curve that is to the right of D1 which means that it represents a higher level of demand for goods and services.

This means that for the demand to move from D1 to D2, there must have been an increase in the demand for the good or service and this could have been for any number of reasons including a reduction in the price of complimentary goods.

Find out more on determinants of demand at brainly.com/question/1245771

#SPJ1

8 0
1 year ago
BPS reported the following data for its first year of operations: Sales Revenue $8,000 Cost of Goods Available for Sale 6,200 Op
Fittoniya [83]

Answer:

D. $952

Explanation:

The computation of the net income in the case when the LIFO is elected

Particulars AMount

Net sales    $7,232   ($8,000 - $640 - $128)

less : cost of goods sold ($6,200 - $820) $5,380

Gross Profit $1,852

Less: Operating Expenses   $900

Income before taxes $952

less: Income tax $0

Net income $952

Hence, the net income is $952

5 0
3 years ago
Employment agencies, career fairs, and Internet ads can all be sources of
Oksanka [162]

Answer:

D. Job leads

Explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • Adding _____ to a query specifies conditions that must be met for the values of the records to be returned by the query.
    7·2 answers
  • When Walmart threatens to punish or punishes the other channel member for not undertaking certain tasks, such as if it were to d
    9·1 answer
  • Snow Co. began operations on January 2, 2017. It employs 15 people who work 8-hour days. Each employee earns 10 paid vacation da
    15·1 answer
  • When speaking online, you should look into the camera as if you were making eye contact with an audience that is right in front
    12·1 answer
  • Scenario: Your best friend works for an In-Home Health Provider Company (IHHPC) in Palm Beach County, Florida. Your friend comes
    13·1 answer
  • Why is it important for a human resource manager to carefully maintain<br> employee records?
    14·2 answers
  • 1. Consider an economy with a population of 100,000 households. 60 percent of households reportan annual income of $25,000 ("low
    14·1 answer
  • 1. What is public relations? Give an example of a public relations activity.
    7·1 answer
  • Create a simple sketch showing what Hawkins and Crusoe could produce if the two men lived independently on different sides of th
    7·1 answer
  • Which steps would you follow if you wanted to see a list of overdue invoices, starting from the quickbooks online company sales
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!