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GrogVix [38]
4 years ago
9

Your aunt wants to retire and has $375,000. She expects to live for another 25 years, and she also expects to earn 7.5% on her i

nvested funds. How much could she withdraw at the beginning of each of the next 25 years and end up with zero in the account
Business
1 answer:
steposvetlana [31]4 years ago
3 0

Answer:

$33,641.50

Explanation:

The computation of the amount withdrawn for the year is shown below:

As we know that

Present value = Annual withdrawals × Present value of annuity factor (7.5%,25)  

$375,000 = Annual withdrawals × 11.14694586

So, annual withdrawals is

= $375,000 ÷ 11.14694586

= $33,641.50

We simply applied the above formula so that the annual withdrawn could come

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The part of wildlife management that overseas the trapping animals in areas where they are much and get them release to where they are not abundant is : D Hunting regulations

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  • This body usually trap animals in areas they are much they released them to areas they are not much.

  • The body dictate the hunting seasons that the hunter should hunt, and not to hunt.

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Therefore, the correct option is D

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3 0
3 years ago
The liquidity of the market is _____ in a purely domestic capital market. Multiple Choice unlimited limited held in reserves bas
MakcuM [25]

Answer:

The answer is B. Limited

Explanation:

A market is liquid if market participants can either sell or buy securities (assets, bonds etc.) easily with low transaction costs or without significantly reducing its price.

A purely domestic capital market is not as liquid as the one that also involves foreigners because it is purely domestic and market participants wont be that much compared to if market participants also involve foreigners.

Number of market participants is a key to liquidity. The higher the number, the more liquid a market is.

7 0
3 years ago
The benefits of belonging to professional organizations include the development of professional contacts and the opportunity to
ziro4ka [17]

Answer:

True

Explanation:

Belonging to a professional organizations provides opportunity to share knowledge and experience and learn from others. It also avails one opportunity to share contacts with other professionals who may be of help in   securing business opportunities and resolving business issues .

7 0
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Read 2 more answers
Andrea's opportunity cost rate is 12 percent compounded annually. how much must he deposit in an account today if he wants to re
BabaBlast [244]

Answer:

$9583.89

Explanation:

value of each payment (P): $2,100

interest rate per period (r): 12/100 = 0.12

number or periods (n): 7

present value of annuity (PV): ??

using the annuity formula: PV = P * \frac{1 - (1 + r )^{-n} }{r}

PV  =  $9583.89

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3 years ago
The nurse in a maternity unit is providing emotional support to a client and her significant other who are preparing to be disch
Setler79 [48]

Answer: It might be "We want to attend a support group."

Explanation:

A support group can help the parents work through their pain by nonjudgmental sharing of feelings. The correct option identifies a statement that would indicate positive, normal grieving.

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