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Nuetrik [128]
3 years ago
10

How many years will it take you to accumulate $30,000 for a down payment on a house if you deposit $12,000 today and you expect

to earn a 10% annual return on your investment?

Business
1 answer:
DENIUS [597]3 years ago
3 0

Answer:

9.61 years

Explanation:

For this question , we use the NPER formula that is presented in the attached spreadsheet

Given that,  

Present value = $12,000

Future value = $30,000

Rate of interest = 10%

PMT = $0

The formula is shown below:

= NPER(Rate;PMT;-PV;FV;type)

The present value come in negative

So, after solving this, the answer is 9.61 years

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Item 25 In marketing, each __________ consists of people who are relatively similar to each other in terms of their consumption
kifflom [539]

Answer:

market segment.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

In marketing, each market segment comprises of people (consumers) who are relatively similar to each other in terms of their consumption behavior and preference or choice with respect to goods and services.

3 0
3 years ago
If a stock with a beta of 1.4 is expected to return 18% when Treasury bills yield 6%, what is the expected return on the market
ahrayia [7]

Answer:

14.57%

Explanation:

A stock has a beta of 1.4

The expected return is 18%

The risk free rate is 6%

Therefore, the expected return on the market portfolio can be calculated as follows

18%= 6% + 1.4(market return-6%)

18%= 6% + 1.4market return - 8.4

18%= 6-8.4 + 1.4market return

18%= -2.4% + 1.4market return

18%+2.4%= 1.4market return

20.4= 1.4market return

market return= 20.4/1.4

= 14.57%

Hence the expected return on the market portfolio is 14.57%

4 0
3 years ago
Risk management refers to the practice of identifying potential risks in advance, analyzing them and taking precautionary steps
allsm [11]

Answer:

True

Explanation:

Risk management is the practice of identification of number of risks that the organization faces and then assessing each of them. After assessment of the risks, the organization try to find ways to eliminate or reduce each single risk so that the business operations do not get affected. The precautionary measures can be simply avoid the risk, face the risk, share the risk (Insurance) and reduce the risk to acceptable level.

8 0
3 years ago
A new regulation requires the local coal plant to install filtering technology to reduce their carbon emissions by 50%. Purchasi
Ray Of Light [21]
<h2>cause _____ in this community, asnew regulation requires the local coal plant to install filtering technology to reduce their <em><u>carbon emissions by 50%. Purchasing the necessary equipment is too expensive for this business, forcing them to close the plant and lay off its 500 employees. Although the intent of the new regulation was to address potential _____ caused by the plant, the closing of the business will likely cause _____ in this community, as many of its</u></em> residents relied on jobs at the plant.</h2>
3 0
3 years ago
During 2019, Enrique had the following transactions: Salary $70,000 Interest income on Xerox bonds 2,000 Inheritance from uncle
expeople1 [14]

Answer:

The correct answer is B

Explanation:

Calculation of AGI for 2019 -

Salary Income                                                                                $70,000

Interest income on Xerox bonds                                                 $2,000

Inheritance from uncle                                                                  $ 40,000

Deduction : Capital Loss                                                        ($2500)

Contribution to traditional IRA                                                 ($5500)

Inheritance from uncle                                                              ($40,000)

Total =                                                                                          $64,000

6 0
3 years ago
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