People need to develop a financial plan to accomplish their retirement goals. True False

Mathematics

2 answers:

konstantin123 [22]2 years ago

5 0

Answer: True

Step-by-step explanation: People need to develop a plan to overcome the effects of taxation, inflation, and purchasing power risk. In addition, people need to coordinate their company benefits with a personalized financial plan. Because there are many complexities in dealing with the stock market and real estate, you need to have a properly constructed financial plan.

icang [17]2 years ago

3 0

Answer:

True

Step-by-step explanation:

The reason I say this is because of the fact you can't go into retirement without knowing how much your going to get. You need to create a financial plan stating how much you will get and how much you have saved prior to this occurence.

Hope This Helps :)

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Calculate the sum of the infinite series

andriy [413]

ANSWER

$S_ \infty = \frac{40}{3}$

EXPLANATION

The given series is

$20-10+5-...$

The first term of the series is,

$a_1=20$

The common ratio of this series is,

$r = \frac{ - 10}{20}$

This simplifies to,

$r = - \frac{1}{2}$

The sum to infinity of this sequence is given by the formula,

$S_ \infty = \frac{a_1}{1-r}$

We substitute the above values into the formula to obtain,

$S_ \infty = \frac{20}{1- - \frac{1}{2} }$

This simplifies to,

$S_ \infty = \frac{20}{1 + \frac{1}{2} }$

We simplify the denominator to get,

$S_ \infty = \frac{20}{ \frac{3}{2} }$

This will finally give us,

$S_ \infty =20 \times \frac{2}{3}$

$S_ \infty = \frac{40}{3}$

The correct answer is A.

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Serggg [28]

Answer:

-2

Step-by-step explanation:

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