Answer:
Final Value= $4,216,869
Explanation:
Giving the following information:
You have decided that one year from today you will begin depositing 10 percent of your annual salary in an account that will earn 9.2 percent per year. Your salary will increase at 3 percent per year throughout your career. Your salary is $52,000
Your retirement is in 40 years.
We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A=annual payment= 5,200
i= 9.2% interest + 3% year increase= 12.2%
n=40
FV= {5,200*[(1.122^40)-1]}/0.122
FV= $4,216,869
I would say that Dan should learn how to type with a keyboard instead of by hand as I know that with practice one can learn to type quite fast and with a keyboard one doesn't need to worry about writing neatly or legibly since all the letters and numbers are pre-determined and always the same.
Answer:
B
Explanation:
Treasury bill also known as T-bill is an original issue discount. They are short term financial debt issues by the government at a lesser amount than its actual face value. It is different from loan in that it is without interest but the profit comes from the discount rate at the maturity of the T-bill which is usually a short period of few days to maximum of 52 weeks.
The best answer for an original issue discount is treasury bill because they are offered at a discount rate that is, at a rate lesser than the actual face value they are worth.
Answer:
Explanation:
According to the diagram, is the polar angle (the "vertical" angle made with the positive z-axis) and is the azimuthal angle (the "horizontal" angle made with the positive x-axis), so the convention used here is to take
Then for the spherical point (1, π/4, π/2), we have the corresponding Cartesian point (x, y, z), where
The 5% movement started in Harlem.
