True or false:this represents a recommended practice for the estimation of a project's cash flows

You are saving for retirement. To live comfortably, you decide you will need to save $ 1million by the time you are 65.Today is

kozerog [31]

Answer:

Monthly pay= 5344.67

Explanation:

Giving the following information:

To live comfortably, you decide you will need to save $ 1million by the time you are 65.

Today is your 29th birthday, and you decide to put the same amount into a savings account. If the interest rate is 8%.

How much must you set aside each year?

n= 36

i= 0.08

FV= 1,000,000

We need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

We need to isolate A (monthly pay):

A= (1000000*0.08)/(1.08^36-1)

A= 80000/14.96817184

A= 5344.67

8 0

3 years ago

Which statement is the converse of the given statment

pochemuha

Might seem controversial though :) but I am pretty sure that the correct variant that properly shows the converse of given statement is the third one. As you know, the converse (in plane language) has the same meaning of the statement just by replacing two points. This statement has positive tone (if you make - you ll have) so it's directly coincides with C(you have, cause you have made)

4 0

3 years ago

PeoplePapers, a greeting cards manufacturing company, has retail stores in most parts of the country. It hires its employees fro

Drupady [299]

OPTIONS:

A. Resources B. reserves. C. overheads. D. variable costs.

Answer:

A. Resources

Explanation:

Resources are factors that aid the production process of any business, which includes land, labor, capital, and management. All are combined together to make production successful. The organization’s processes, the employees and its equipment can be regarded as the company’s resources which are put together in the production of greeting cards for customers use.

8 0

3 years ago

Using the following accounts and balances, prepare the "Stockholders’ Equity" section of the balance sheet using 20,000 shares o

olga55 [171]

Answer and Explanation:

The preparation of the stockholder equity of the balance sheet is presented below:

Shares issued $48,000,000

Add: Paid-In Capital in Excess of Par $6,400,000

Add: Paid in Capital from Sale of Treasury Stock $4,500,000

Add: Retained Earnings $63,680,000

Less: Treasury Stock, 40,000 shares -$5,200,000

Total stockholders' equity $117,380,000

6 0

3 years ago

Luca's parents set firm rules but are responsive to his needs. They give him a chance to explain himself and also explain their

Zina [86]

Answer:

This is a typical super-protective parenting style. In my opinion this parent´s behavior is not positive and is out of use. Nowadays parents try to talk more, explain dangerous to teens and give them some freedom to have a good time with friends.

Explanation:

6 0

3 years ago

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