Many politicians have degrees in business or law. true or false?

Your parents will retire in 26 years. They currently have $220,000 saved, and they think they will need $1,950,000 at retirement

Artyom0805 [142]

Answer:

Annual rate of interest is 9%

Explanation:

The annual rate of interest is computed using the excel formula of Rate as:

=Rate(nper,pmt,pv,fv,type)

where

nper is number of years which is 26 years

Pmt is monthly payment which is 0

pv is present value which is -$220,000

fv is future value which is $1,950,000

type is 0

So, putting the values above:

=Rate(26,0,-220000,1950000,0)

=9%

Therefore, the rate of interest is 9%

6 0

3 years ago

A customer wants to implement a wireless network in a historic location, but is concerned about the structural and aesthetic imp

MariettaO [177]

Answer:

D-APs do not need network connections.

Explanation:

The benefit of using wireless mesh which addresses the concerns of the

customer who wants to implement a wireless network in a historic location, but is concerned about the structural and aesthetic impact to the facility is that APs do not need network connections because it is easily set up and does not required an access point.

7 0

4 years ago

Darden Restaurants is expected to pay annual dividends of $1.90 and $2.10 over the next two years,respectively. After that, the

Ainat [17]

Answer:

$13.89

Explanation:

The computation of the value of stock is shown below:

Year Dividend Present value factor at 16% Present value

1 $1.90 0.862 $1.64

2 $2.10 0.743 $1.56

3 $2.30

Price $14.375 0.743 $10.68

The price is computed below:

= $2.30 ÷ 16% = $14.375

Total present value $13.89

The present value factor is computed below:

= 1 ÷ (1 + rate) ^ years

For Year 1 = 1 ÷ 1.16^1 = 0.862

For Year 2 = 1 ÷ 1.16^2 = 0.743

7 0

3 years ago

If one of the parties in a court case doesn't agree with the verdict, what option is offered through the judicial system? everfi

muminat

<span>IF ONE OF THE PARTIES OF A COURT CASE DOES NOT AGREE WITH THE THE VERDICT THEY HAVE THE OPTION OF TRYING TO APPEAL IT AT A HIGHER COURT. IF THE COURT DECIDES DECIDES TO ALLOW THE APPEAL THEY HAVE THE OPTION OF ANOTHER COURT TRIAL.</span>

3 0

3 years ago

A woman went to the Beneficial Loan Company and borrowed $10,000. She must pay $323.53 at the end of each month for the next 60

Alisiya [41]

Answer:

The Interest rate is 2%

Explanation:

The formula for computing the rate is as using the excel:

=Rate(nper,Pmt,pv,fv,type)

where

nper is number of years which is 60 months

PMT is monthly payment which is $323.53

PV is Present value which is -$10,000

FV is Future value which is $0

Type is also 0

So, putting the values above:

=Rate(60,323.53,-10000,0)

= 2%

Therefore, the rate of interest is 2%, which is monthly to be paid.

3 0

3 years ago