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
pochemuha
3 years ago
5

ou just won $80,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 9% pe

r year. If you intend to retire in 45 years, how much are these lottery winnings expected to be worth when you retire?
Business
1 answer:
KatRina [158]3 years ago
8 0

Answer: $3,866,182.89

Explanation:

The winnings in 45 years are the future value of the $80,000 that you just won based on the return rate of 9%.

Future Value = Present Value ( 1 + return) ^ number of years

= 80,000 ( 1 + 0.09) ⁴⁵

= $3,866,182.89

Lottery winnings will be worth $3,866,182.89 when you retire.

You might be interested in
Disposable personal income: a. excludes transfer payments. b. includes personal income taxes. c. is income spent for personal it
erma4kov [3.2K]

Answer:

d. excludes personal income taxes

Explanation:

Disposable personal income excludes personal income taxes.

A disposable income can be defined as an amount of money remaining after the deduction of income taxes, and social security fees.

4 0
3 years ago
EcoAthlete determines that the target market for its running shoes is people who are environmentally conscious. It uses only env
Whitepunk [10]

Answer:

C) Lifestyle and Behavior

Explanation:

The reason is that Eco-Athlete is using its customer behavior and lifestyles to target a particular market segment which has common thinking and opinion about a particular item. In this case, Eco-Athlete is using Eco-friendly items because its customer are environmentally conscious which is their behavior that effects their lifestyle. So the company Eco-Athlete is basically using lifestyle and behavior dimension of market segmentation.

3 0
3 years ago
when choosing clothes for an interview, a good rule of thumb is to dress_the job you are applying for ​
Romashka-Z-Leto [24]

Answer:

accordingliy, or dress to impress

Explanation:

lol

8 0
3 years ago
Read 2 more answers
The objective on your résumé should state your long-term career goals. Please select the best answer from the choices provided T
LenaWriter [7]
The answer false because the objective of the resume is usualy one or two sentences long. 
4 0
3 years ago
Read 2 more answers
Gipple Corporation makes a product that uses a material with the quantity standard of 7.8 grams per unit of output and the price
Roman55 [17]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Standard quantity= 7.8 grams per unit of output

Standard price= $6.50 per gram.

During the month the company purchased 27,900 grams of the direct material at $6.70 per gram.

To calculate the material price variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (6.5 - 6.7)*27,900

Direct material price variance= $5,580 unfavorable.

It is unfavorable because the actual price was higher than estimated.

4 0
3 years ago
Other questions:
  • Biologists want to know how many fish are in a certain lake. on january 1, they removed 600 fish from the lake and tagged them.
    13·1 answer
  • Your practice recently purchased a portable ultrasound machine. A client calls and asks how early her mare can have an ultrasoun
    7·1 answer
  • You are tearing down a building and find $1 in change that someone lost when working on the building 140 years ago. If, instead
    7·1 answer
  • Select the correct answer.
    6·1 answer
  • X reported the following unit costs information associated with one of its products A1: Direct materials $110 Direct manufacturi
    6·1 answer
  • In 2016, Joshua gave $12,500 worth of XYZ stock to his son. In 2017, the XYZ shares are worth $25,000. What is the total amount
    11·1 answer
  • A company is to hire two new employees. They have prepared a final list of thirteen candidates, all of whom are equally qualifie
    5·1 answer
  • Aldo has just been audited by the IRS. He does not agree with the agent's findings but believes that he has only two choices: pa
    7·1 answer
  • Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark
    10·1 answer
  • List the five elements of a firm's macroenvironment, and illustrate how each element affects the firm.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!