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4 years ago

Greg needed to earn some money to help pay for

Business

1 answer:

son4ous [18]4 years ago

5 0

It would depend on which Greg you are referring to.

If it’s Greg from Cabin Fever, he needed more money to buy gifts.

If it Greg from the Diary of a Wimpy Kid, he needed more money to buy food, more specifically cookies.

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An individual is now 50 years old, that he plans to retire in 10 years, and that he expects to live for 25 years after he retire

Nutka1998 [239]

Answer:

Ans. He must save during each of the following 10 years, at the end of each year $32,452.

Explanation:

Hi, in order to find the amount of money that he should have in ten years so he can receive an annual payment of $65,156 for 25 more years (24 payments), we need to bring to present value all 24 payments to year 10. Let me show you the formula.

$PresentValue_{10} =\frac{A((1+r)^{n}-1) }{r(1+r)^{n} }$

Where:

A= $65,156

n= 24

r= 0.08

Therefore the present value in year 10 is:

$PresentValue_{10} =\frac{65,156((1+0.08)^{24}-1) }{0.08(1+0.08)^{24} }=686,012$

So that is our present value in year 10, or to put it in other words, our future value (if we look at it from year 0). Now we need to find the annuity (amount to save) that with account for $686,012, plus that $100,000 that he already has saved.

Every should look like this.

$686,012=100,000*(1+0.08)^{10} +\frac{A((1+0.08)^{10}-1) }{0.08(1+0.08)^{10} }$

And we solve this equation for "A".

$686,012=A(14.4865625)+215,892$

$A=\frac{(686,012-215,892)}{14.4865625} =32,452$

Best of luck.

5 0

3 years ago

Joe's company is looking to make a number of improvements. The firm would like to maximize potential volume and reserved instanc

scoray [572]

The service or tool that could be used for gaining the benefits should be AWS Orgs.

The information related to AWS Orgs is as follows:

AWS Organization should be an account management service.
In this, there are multiple AWS accounts that should be consolidated for developing and managing.
As an organization administrator, the accounts should be developed and the existing accounts should be invited for joining the organization.

Therefore we can conclude that the service or tool that could be used for gaining the benefits should be AWS Orgs.

Learn more about discounts here: brainly.com/question/3541148

3 0

3 years ago

The fact that companies can now organize and analyze vast amounts of data on individuals to determine individual behavior profil

viktelen [127]

The fact that companies can now organize and analyze vast amounts of data on individuals to determine individual behavior profiles is due mostly to advances in data analysis.

Data analysis, also called the analysis of data, is a procedure of assessing, purging, changing, and demonstrating information with the objective of finding valuable data, recommending conclusions, and supporting decision making. Data analytics is also another name for the process.

3 0

3 years ago

The Maurer Company has a long-term debt ratio of .31 and a current ratio of 1.70. Current liabilities are $870, sales are $6,290

Serhud [2]

Answer:

$ 3,912,531 TOTAL NONCURRENT ASSETS

Explanation:

BALANCE

$ 1,479,000 TOTAL CURRENT ASSETS

$ 3,912,531 TOTAL NONCURRENT ASSETS

$ 5,391,531 TOTAL ASSETS

$ 870,000 TOTAL CURRENT LIABILITIES

$ 1,671,375 TOTAL NONCURRENT LIABILITIES

$ 2,541,375 TOTAL LIABILITIES

$ 2,850,156 TOTAL SHAREHOLDERS SEQUITY

$ 5,391,531 TOTAL EQUITY & LIABILITIES

CURRENT RATIO 1,70

$ 1.479,000 TOTAL CURRENT ASSETS

============

$ 870,000 TOTAL CURRENT LIABILITIES

ROE 19,2%

$547,230 Net Income = Sales $6,290,000 * 8,7%

=====================

$2,850,156 TOTAL SHAREHOLDERS SEQUITY

DEBT RATIO 0,31

$ 5,391,531 TOTAL ASSETS

=============

$ 1,671,375 TOTAL NONCURRENT LIABILITIES

3 0

3 years ago

Nathan wants to buy a sweatshirt and is trying to determine the better buy. He has a 3030% coupon for the in-store purchase. T

slava [35]

Answer:

It is better online, for 1.1 dollars

Explanation:

Do you understand all the words used in stating the problem?

Yes.

What are you asked to find or show?

The differnece in price bewtween the store T-shirt and the On-line T-shirt

Can you restate the problem in your own words?

Nathan can purchase a Tshirt by $38 with 30% discount or $34 with 25% discount. Which is the cheapest option?

Is there enough information to enable you to find a solution?

Yes, we have the list price for both T-shirt and the discount on each one.

Devise a plan:

Use a formula

list price less discount = net cost

We will calculate the net cost for the T-shirt

in-store purchase scenario

$38 - 30% coupon = 26.6 dollars

on-line purchase scenario

$34 - 25% off = 25,5‬ dollars

The difference will be:

$26.6 - $25.5 = 1.1 dollar in favor of the online purchase

4 0

4 years ago