Answer:
$87,567.14
Explanation:
For computing the amount deposited for attaining the goal we need to apply the present value which is to be shown in the attachment
Provided that,
Future value = $300,000
Rate of interest = 8%
NPER = 16 years
PMT = $0
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
So, after applying the above formula, the present value is $87,567.14
Answer:
Weidwans will do monthly contribution of 326.68 per month to be able to get 20,000 in four years and make the downpayment for a house.
Explanation:
We want to make monthly deposit to generate a future value of 20,000 in 4 years at 12% annual rate compounding monthly
FV $20,000.00
time 4 years x 12 month per year: 48
rate 12% per year / 12 month = 1% monthly = 0.01
C $ 326.68
Weidwans will do monthly contribution of 326.68 per month to be able to get 20,000 in four years and make the downpayment for a house.
Item that forms part of your career portfolio D: résumé
Explanation:
A career portfolio is in short a testament of the things a person has done professionally in their life to be used as a testament to their abilities and to prove their work before they look for another job or they are considered viable for a sort of the workforce.
A resume lists out the necessary details about a person, their educational background and then their work experience along with any essential information that is required about them.