4 years ago

For every decision you make there is a trade off

Business

1 answer:

Airida [17]4 years ago

8 0

Answer:

True

Explanation:

I took the test on edge

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One advantage of a market-product grid is that it can be used to Multiple Choice select representative samples of consumers for

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true

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Max has earnings from his salary of $30,000. He contributes $600 toward his retirement account. He receives interest on his savi

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You have just retired with savings of $2 million. If you expect to live for 57 years and to earn 7% a year on your savings, how

galben [10]

Answer:

Annual withdraw= $143,023.66

Explanation:

Giving the following information:

Present value (PV)= $2,000,000

Number of periods (n)= 57

Interest rate (i)= 7% a year

<u>To calculate the annual withdrawal, we need to use the following formula:</u>

Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]

Annual withdraw= (2,000,000*0.07) / [1 - (1.07^-57)]

Annual withdraw= $143,023.66

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3 years ago

Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of b

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$20,450

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With regard to the above, the adjusted cash balance would be computer as;

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= Bank balance - service fees - NSF checks

= $21,525 - $70 - $1,005

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On January 1, Bramble Corp. has a beginning cash balance of $42000. During the year, the company expects cash disbursements of $

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