suppose you want to have $400,000 for retirement in 20 years. your account earns 5% interest. a) how much would you need to deposit in the account each month Your account earns 7.9% interest" How often is it compounded? Daily? Monthly? Annually? Since we are going to find out how much you have to save per month I will assume that the interest is compounded monthly
<h3>What is
retirement ?</h3>
Retirement is the cessation of one's employment, occupation, or active working life. Another way to semi-retire is to work fewer hours or with less job.
When they are old or unable to work due to health issues, many people decide to retire. People may also retire when they are eligible for private or public pension benefits, while others are compelled to do so due to legislation governing their jobs or because their physical conditions make it impossible for them to continue working (due to disease or accidents). The concept of retiring was first popularized in the late nineteenth and early twentieth centuries in the majority of nations.
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Answer:
The correct answer is real estate values by subdivision
Explanation:
As Gloria is not able to afford the Tapestry analysis which is a costly one, She will use the real estate values by the subdivision. As this method is not only cost effective but is far efficient from the other less effective methods. Although Tapestry PRIZM analysis methods are effective however they are not as good a value for money as the real estate values by subdivision strategy is.
Answer:
The break even point of a company shows how much of your goods or services you need to sell in order to cover all of your costs. It will then give you an idea of how much you need to sell in order to become profitable.
Explanation:
Answer:
Because :- CEOs & CFOs can have significant impacts throughout the entire business, & the type of reward plan will encourage the CFOs to work in a more rational manner.
Explanation:
CEOs & CFOs are a part of upper level of management of an organisation. Effectiveness & Efficiency of their managerial skills is very crucial to management of company. So, to encourage proper management of companies by senior managers, they can be incentivised by mix of fixed & variable salary structure. The variable component of salary as per company performance under CEO or CFO, positively motivates them to improvise their performance, which subsequently improves company performance.