1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olganol [36]
3 years ago
10

Mark Johnson invests a fixed percentage of his salary at the end of each year. This year he invested $1500 For the next 5 years,

he expects his salary to increase 8% annually, and he plans to increase his savings at the same rate. How much will the investments be worth at the end of 6 years if the average increase in the stock market is (a) 8% (b) 5%(c) 3%
Business
1 answer:
meriva3 years ago
5 0

Answer:

Mark Johnson's investment would worth $ 13,223.95  at 8%,$ 12,338.93  

at 5% and $ 11,784.66  at 3%

Explanation:

In calculating the worth of the investments at different rates of interest I adopted the future value approach as contained in the attached.

Download xlsx
You might be interested in
United States exports soybean oil to China. However, to protect the Chinese soybean oil market, Chinese government has high tari
solniwko [45]

Answer:

United States can set up plants in China to avoid high tariffs

8 0
3 years ago
What is the chance of me being in the U.S. Air Force !!!!
NISA [10]
Very likely if you believe in yourself!
Good luck ;)
4 0
3 years ago
Suppose that in the fictional country of Albireo the work-eligible population is 180 million, there are 110 million workers in t
maksim [4K]

Answer:

6.36 %

Explanation:

Unemployment means the state of being jobless but actively searching for work.  Unemployed people are part of the labor force.

In the case of Albireo, the work-eligible population is 180 million.

There are 110 million workers in the labor force, and employment level is 103 million. It means that those in the labor force and are not employed are 110 million - 103 million.

The number of unemployed people  = 7 million

The formula for calculating the rate of unemployment

= No. of unemployed people / No. in the labor force x 100

=7 million / 110 million x 100

=7/110 x 100

= 0.063 x 100

=6.36 %

8 0
3 years ago
What is fraud and how does it impact health care costs?
valentinak56 [21]

The National Health Care Anti-Fraud Association (NHCAA) estimates that the financial losses due to health care fraud are in the tens of billions of dollars each year.

Whether you have employer-sponsored health insurance or you purchase your own insurance policy, health care fraud inevitably translates into higher premiums and out-of-pocket expenses for consumers, as well as reduced benefits or coverage. For employers-private and government alike-health care fraud increases the cost of providing insurance benefits to employees and, in turn, increases the overall cost of doing business. For many Americans, the increased expense resulting from fraud could mean the difference between making health insurance a reality or not.

However, financial losses caused by health care fraud are only part of the story. Health care fraud has a human face too. Individual victims of health care fraud are sadly easy to find. These are people who are exploited and subjected to unnecessary or unsafe medical procedures. Or whose medical records are compromised or whose legitimate insurance information is used to submit falsified claims.

<span>Don't be fooled into thinking that health care fraud is a victimless crime. There is no doubt that health care fraud can have devastating effects.</span>

7 0
3 years ago
Analysis of the general environment enables a firm to identify: a. capabilities b. opportunities and threats c. strategic resour
attashe74 [19]

Option B

Analysis of the general environment enables a firm to identify: opportunities and threats

<u>Explanation:</u>

The general environment usually has a sturdy impact on a firm's level of achievement, officials must pursue biases and circumstances as they emerge and attempt to envision the associations of these biases and circumstances.

The environmental inquiry is an imperative tool. It is a manner to distinguish all the outside and subjective factors, which can influence the organization’s execution. The review involves valuing the level of threat, an opportunity the determinants might impersonate. These determinants are succeeding rendered into further means.

6 0
3 years ago
Other questions:
  • The case of Fujitsu Ltd. v. Federal Express Corp. had to do with whether:
    5·1 answer
  • An owner withdrawal of $20,000 would_______.
    13·1 answer
  • The XYZ Company is a world leader in medical device manufacturing. Aiming to continue its market position in this industry, the
    15·1 answer
  • Which financial statement shows a company's profits or losses over a period of time?
    10·1 answer
  • A company acquires 1,000 shares of its own $1 par common stock for $15 per share. This purchase would be recorded with a: Select
    11·1 answer
  • Given direct material cost of $10, direct labor cost of $15, direct-labor based overhead of $12 and Activity-Based Costing overh
    15·1 answer
  • Samuel needs to import information from Excel to an Access table, but he wants to ensure that if the source table is
    15·1 answer
  • Is anyone gonna help I posted the same thing 3 times and no one will help. Ive been stuck in my room for days trying to get this
    6·2 answers
  • How do the entry and exit of firms in a purely competitive industry affect resource flows and long-run profits and losses?
    11·1 answer
  • A ______ the demand curve represents a change in demand while a ______ the demand curve represents a change in the quantity dema
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!