Answer: $50,846.3701
Explanation:
Need to save $4 million to live comfortably,
Interest rate, r = 3%
N = 40 years



= 1,226,241.57



![1,226,241.57=C[\frac{1}{0.03}\times(1-0.3065)+1]](https://tex.z-dn.net/?f=1%2C226%2C241.57%3DC%5B%5Cfrac%7B1%7D%7B0.03%7D%5Ctimes%281-0.3065%29%2B1%5D)


= $50,846.3701
Hence, $50,846.3701 will be the annual payment to have $4 million in the account on 65th birthday.
Many times junk bonds are a high risk bond, but are also a high return. They are more popular during a bear market for this reason only. Sine they have a high return it compensates for the high risk. The junk bonds can also help a persons personal portfolio. Junk bonds also issues with a 10 year term or less. A bear market is when there is a steady drop or stagnation in the market over a period of time.
The answer is: Level 1 – Full Activation
In this level, the state would give a notification to all states' supporting agencies that a start plan is about to be implemented. The Division of Emergency Management personnel would soon take control to organize these agencies and assign them with each of their own roles.
Building, construction, and maintenance of physical architecture is a profession of civil engineering.
Whenever students would like to continue pursuing their civil and structural careers, they require specific skills to be competent in their choice of job.
The competencies that also conform to the civil engineering career seem to be:
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Skilled in mathematics, science, and computer design.
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Likes mechanically inclined to work with her hands.
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<u><em>Good, patient, </em></u>and <u><em>persistent communicating</em></u>.
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It could be use to discuss ideas and subjects, defend them and negotiate.
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Answer: $880.57
Explanation:
Assuming Par value of bond is $1,000.
Value of bond = (Coupon * Present value interest factor of annuity, no. years, required return) + Par Value/ (1 + required return)^ no. of years
Coupon = 5% * 1,000 = $50
Value of bond = (50 * 5.9713) + 1,000 / (1 + 7%)⁸
= 298.565 + 582
= $880.57