Answer: $25078
Explanation:
Firstly, we'll find the real interest rate which will be:
(1 + R) = (1 + r)(1 + h)
(1 + 10%) = (1 + r)(1 + 4.8%)
(1 + 0.1) = (1 + r)(1 + 0.048)
1.1 = (1 + r)(1.048)
r = 4.96%.
Now the annual deposit will be gotten by using the annuity future value which will be:
3 million = C(1.0496^40-1) / 0.0496
3 million = C(5.3995) / 0.0496
3 million = 119.627C
C = 3 million/119.627
C = 25078
Therefore, the real amount that must be deposited each year to achieve the goal is $25078
Answer:
$71.5
Explanation:
Inventory forecast is a way of predicting the volume of inventory required to fulfill future orders based on the existing production capacity and other plans relating to production
equation for forecasting inventory = $22 + 0.125 sales
Current sales = $300 million
Annual sales growth rate =32%
sales for next year = 300 + (300*32%)
300 + 96= $396 million
Applying the equation
Inventory = $22 + (0.125*396)
$22 + $49.5 = $71.5 million
I think that white winexpensive is heterogeneous
The solution is to open joint bank account. Joint account will allow you to deposit or withdraw cash from your dual income without any fear that one account will get lost. This will help you manage your money and also share it to one of your family members. Your income is safe with you having a joint account because you can monitor it in one transaction only.
