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Alex73 [517]
3 years ago
6

Jennifer is excited to be retiring after 35 years of service as a high school English teacher. Over the past 35 years, Jennifer'

s average annual salary was $26,443. How much can Jennifer expect to receive on a monthly basis from Social Security, assuming she will receive 42% of her average annually?
Business
1 answer:
LiRa [457]3 years ago
4 0

Answer: $925.505

Explanation:

Given that,

Number of years of service = 35

Jennifer's average annual salary = $26,443

There is one assumption that she will receive 42% of her average annually.

Receive on a annually basis = 42% of $26,443

                                               = 0.42 × $26,443

                                               = $11,106.06

Jennifer expect to receive on a monthly basis = \frac{Receive\ on\ annually\ basis}{12}

                                                                             = \frac{11,106.06}{12}

                                                                             = $925.505

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Answer:

one example of unprofessional speech habit is slouching or fidgeting while talking to your audience and one professional example is making eye contact with your audience

Explanation:

8 0
2 years ago
You have a chance to buy an annuity that pays $2,500 at the end of each year for 3 years. You could earn 5.5% on your money in o
artcher [175]

Answer:

$6,744.83

Explanation:

We calcualte the present value of a three years annuity discounted at 5.5% considering their cashflow are 2,500

C \times \frac{1-(1+r)^{-time} }{rate} = PV\\

C 2,500.00

time 3

rate 0.055

2500 \times \frac{1-(1+0.055)^{-3} }{0.055} = PV\\

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3 0
3 years ago
In the Land of Milk and Honey, they produce two goods: Milk and Honey. In 2014, milk cost $2 a gallon and they produced 10 gallo
Harman [31]

Answer:

Land of Milk and Honey

The real GDP in 2014 is:

= b. $40.

Explanation:

a) Data and Calculations:

                                         Milk           Honey            Total GDP

Cost per gallon in 2014   $2                 $1

Quantity produced           10                 20

Total production value  $20 ($2*10)  $20 ($1*20)    $40 ($20 + $20)

Cost per gallon in 2015   $2                 $1

Quantity produced           12                 24

Total production value  $24 ($2*12)  $24 ($1*24)    $48 ($24+ $24)

Cost per gallon in 2016   $2.50              $1.25

Quantity produced           12                   24

Total production value  $30 ($2.50*12)  $30 ($1.25*24) $60 ($30 + $30)

The real GDP in 2014 is the calculated value of $40.  Using 2015 as the base year, there is no inflation since the unit prices of milk and honey remained the same in both years.

6 0
3 years ago
Q 5.36: Badger Enterprises purchased aluminum from JG Metals. When Badger Enterprises recorded this transaction, they made entri
disa [49]

Answer: periodic inventory system

Explanation:

The type of inventory system used by Badger Enterprises is the periodic inventory system. The periodic inventory system is an inventory whereby updates are usually done on periodic basis.

In the periodic inventory system, physical count of inventory is done at specific intervals. This is the method used by the company in the question.

5 0
3 years ago
Freddy offers to supply water bottles to Jerry’s Gym at a cost of $40a case. The signed contract says that Jerry’s Gym will buy
atroni [7]

Answer:

-jerry is entitled to monetary damages compensations due to a contract breach.

-Freddy has to pay Jerry $90

Explanation:

the damage that the gym is entitled to would be that of a contract breach. Freddy wanted to earn more money so he breached the contract. Now given that Jerry had to go with another supplier of water at a greater cost of 50 dollars for 9 months, just to satisfy his requirements. Freddy has to pay him monetary damages for this breach in contract.  he has to pay the difference that exists between the price in the contract they had and what jerry now has to pay due to the breach. The difference is 10 dollars, which is to be paid every month for 9 months

= (50 - 40)*9

= 10 * 9 = $90

4 0
3 years ago
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