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Sergeeva-Olga [200]
3 years ago
15

Sharon wants to retire in 20 years time, and so decides to start a new retirement savings account. She wants to accumulate 75000

0 dollars by the time she retires. Initially, Sharon deposits 5000 dollars into the account. She will make further deposits at the end of each month. The account will earn interest at annual rate 8 percent, compounded monthly. How much will she have to deposit into the account each month in order to reach this target after 20 years
Business
1 answer:
Vesna [10]3 years ago
8 0

Answer: around 3,000 a month

Explanation:

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Water carriers played a dominant role in the transportation system of the United States in the 18th and 19th centuries. Why has
kykrilka [37]

Answer:Part A

Water Carriers.

Part B.

The transportation energy cost has rising very rapidly during the 20th century.

Explanation: Water Carriers are transportation systems which makes use of water as the channel through which goods, and people can be transported from one point or place to another.

Between the eigtheenth and nintheenth century,water carriers were more prominent and more in use.

Water transportation is one of the most efficient means of transportation, capable of transportation a very large amount of goods, it has a high energy cost which has made less of interest to the Manufacturing sectors of the twentieth century.

4 0
3 years ago
Levine, Inc., has a total debt ratio of 0.48. What is its debt-equity ratio?
Aleks04 [339]

Answer:Debt equity ratio= 0.92

Explanation:

Debt equity ratio is a company's  liquidity ratio that compares its total debt to total equity showing how  the proportion  of the  finance of the company proceeds from its  creditors and investors.

its formulae is given by

Debt equity ratio= Total liabilities /Total shareholder's equity

 = Debt/ total asset - debt

let the total asset = 100% = 1

Therefore,

Debt equity ratio=Debt/ total asset - debt

= 0.48/ 1 -0.48 = 0.48 /0.52 = 0.9231

3 0
4 years ago
Katie dough is a successful dentist and a wonderful pastry chef. she earns $800 a day on average in her dental practice. her fri
GaryK [48]

Answer:

No

Explanation:

Katie's opportunity cost is too high. She is giving up more money at the dental practice than the $100 she would be saving by making the pastries from hand instead of ordering them from the caterer. The group should continue to order the pastries and split the cost among all the friends so each person's share is lower.

3 0
3 years ago
A given investment project will cost RM400,000. Incremental annual cash flows after taxes are expected to be RM80,000 per year f
erastova [34]

Answer:

Based on the profitability index method, the investment should not be accepted.

It does not produce enough cash flows to justify the investment.

Explanation:

The profitability index method measures the present value of benefits for by dividing the present value of benefits by the present of initial investments.

The present value of initial investment in this project remains RM400,000.  The present value of incremental annual cash flows of RM80,000 after taxes for 5 years will be equal to:

RM80,000 * 3.668 = RM293,440

Then the next step is to divide the present value of benefits by the initial investment as follows:

RM293,440/RM400,000 = 0.7336 = 73.36%

The implication is that the present value of the benefits is less than the initial investment costs.  The project should then be rejected.

6 0
3 years ago
A company's horizontal scope refers to Multiple choice question. the extent to which the company participates in the various act
Gekata [30.6K]

Answer:

the various product and services that it offers.

Explanation:

Horizontal scope or integration can be regarded as process that involves increasing of production of goods or services , and this increase reflect at the same part of all supply chain

by a company . This can be done by

a company merger, internal expansion or acquisition. This process can result into if vast majority of the market for that particular product/ service is been captured by the company.

It should be noted company's horizontal scope refers to the various product and services that it offers.

5 0
3 years ago
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