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Lubov Fominskaja [6]
2 years ago
14

Your employer contributes $50 a week to your retirement plan. Assume that you work for your employer for another 20 years and th

at the applicable discount rate is 9 percent. Given these assumptions, what is this employee benefit worth to you today?
Mathematics
1 answer:
slamgirl [31]2 years ago
3 0

Answer:

Present value of contributions is $24,106.15

Step-by-step explanation:

Weekly rate=9%/52weeks= 0.173%

Weekly contributions $50

Number of weeks=20years×52weeks=1040

Present value of contribution=$50(1-[(1+9%/52)^-1040 /(9%/52)

Present value of contribution= $24,106.15

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8 0
2 years ago
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HELP! i know it looks easy but im not getting it. Select 2 strategies that we can use to subtract 563-192. Choose 2 answers: (Ch
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Answer:

Choice B & C

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563 - 192 = 371

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3 years ago
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Jenny's bakery sells carrot muffins at 2 dollars each. The electricity to run the over is over 120 dollars per day and the cost
g100num [7]

Answer:

200 muffins

Step-by-step explanation:

The selling price of each muffin = $2

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If the number of muffins that Jenny sells in a day is x, then, Jenny's total cost in a day is:

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Solving this:

2x - 1.4x = 120\\\\\\0.6x = 120\\\\\\x = 120/0.6\\\\\\x = 200

She must sell 200 muffins in a day to break even.

7 0
3 years ago
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goldfiish [28.3K]

Answer:

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Step-by-step explanation:

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