Answer:
The amount to be saved at the age of 65 is $1940755.74
Explanation:
To calculate the amount needed at 65 including inflation = 40000 * 1.0336 = 115931.13
Present Value of Growing Annuity = PMT / (r-g) [ 1 - {(1+g)/(1+r)}n ]
= 115931.13 / (0.045 - 0.03) [ 1 - (1.03/1.045)20 ]
= 7728742.2 * 0.2511089
= 1940755.74
Lewin's three stage change process include the steps 'Unfreeze', 'Change' and 'Refreeze'. Jeenny's decision to recruit five employees illustrates the 'Unfreeze' step. It is the first step in a change management process. This step includes determining what needs to be changed. After she discovered that not delivering the customer orders on time is the problem and that is due to the insufficient manpower, she has decided what to do. This resembles the 'Unfreeze' step in the Lewin's three stage change process.
Answer:
The correct answers are letters "A", "B", and "C".
Explanation:
Options brokers cannot provide any strategies to investors unless the <em>Options Disclosure Document </em>(ODD) was not sent to the investor, the <em>Registered Options Principal</em> has not approved the opening of the account of the investor or if the investor intends to apply a strategy that the broker is not sure if the investor can accept the <em>risk inherent</em>.
The Options Agreement must be signed by the investor and returned to the broker within 15 days but suggestions can be provided before or after the submission of the signed document.
True! companies examine the demographics of people in a population, then selectively pick out a demographic among the many for whom they want to target their products and services at
First of all, let us calculate the annual gains: they are 80000-60000=20000$. In three years, the profit will be 3*20000=60000$. Hence, the break-even investment would be 60000$. For a year after that, the profit will be 20000$; hence the return on investment would be 20000/60000=33,33% per year. After 6 years, the investment would have yielded a 100% profit (return on investment).
