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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

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Which of the following scenarios illustrates the law of demand?
Genrish500 [490]

Answer:

Option B is correct.

Explanation:

In order to answer this question correctly, we first need to understand the law of demands.

Law of demands: It says that the relationship of price and quantity demanded is inversely proportional. It means if the price of a particular product goes high, then the quantity of demand will be reduced. Similarly, if the price of the product is low then the quantity of demanded will be higher.

Here,

Option B is the most relevant to the Law of Demand which says that Kathleen eats more steak when the price is low. It means when the price is low, the quantity of steak demanded is higher in Kathleen's case. Furthermore, Kathleen eats less when the price is high. It means, when the price of steak is higher then the quantity of steak demanded from Kathleen is low.

Hence, Option B is the correct option which fulfills the law of demand.

3 0
2 years ago
If you perceive that the costs and rewards are balanced between you and your partner, you are more likely to be satisfied with y
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The question is
True
3 0
3 years ago
Austere Realty, a real estate company, ensures that its web page always shows up high among the list of results whenever a user
Phantasy [73]

Answer:

The correct answer is the option C: Search engine optimization.

Explanation:

To begin with, the name of "Search Engine Optimization" or SEO refers to the process used by companies that focus on improving the quality and quantity of the website traffic related to a website that comes from search engines. Meaning that this process seeks for the way to get those websites to be find more easily by the consumers depending on how much related they are to what the consumers look for on the engine searchers. That is why that in this case, Austere Realty is actively engaged in search engine optimization due to the fact that they always ensure that its web page shows up high amoing the list of results of the search engine.  

7 0
2 years ago
Pollution and raw material shortages constitute immediate threats to some firms buy are often opportunities for other firms. The
castortr0y [4]

Answer:

Yes

Explanation:

  1. Competitors will have to find out other options on recycling materials what opens opportunities for the recycling and and other green industry. like recycling Aluminium is cheaper than producing it from Bauxite, for example.
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3 years ago
Ms. Claggett is sixty-six (66) years old. She has been covered under Original Medicare for the last six years due to her disabil
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What should you tell her about how the Part D Initial Enrollment Period applies to her situation is: Part D occurs 3 months prior and 3 months after the month a beneficiary meets the requirements for Part B.

<h3>What is Part D plan?</h3>

Part D plan can be defined as a Medicare plan that help to cover drugs prescription of  those under the plan

Based on the scenario you should tell her that  Part D Initial Enrollment Period start  3 months prior and 3 months after the month when a beneficiary  of the plan meets the eligibility or necessary requirements for Part B plan.

Hence,  she cannot be able to use it as a form of  justification for enrolling in a Part D plan now.

Learn more about Part D plan here:brainly.com/question/24324023

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