Answer:
The withdraw amount is "11,227.42".
Explanation:
The given values are:
In stock account,
PMT = $820
Interest rate = ![\frac{10.2 \ percent}{12}](https://tex.z-dn.net/?f=%5Cfrac%7B10.2%20%5C%20percent%7D%7B12%7D)
N = 300
PV = 0
In Bond account,
PMT = $420
Interest rate = ![\frac{6.2 \ percent}{12}](https://tex.z-dn.net/?f=%5Cfrac%7B6.2%20%5C%20percent%7D%7B12%7D)
N = 300
PV = 0
Now,
By using the FV (Future value) function, the value in Stock account will be:
= ![FV(rate,nper,pmt,[pv],[type])](https://tex.z-dn.net/?f=FV%28rate%2Cnper%2Cpmt%2C%5Bpv%5D%2C%5Btype%5D%29)
= ![1,125,795.30](https://tex.z-dn.net/?f=1%2C125%2C795.30)
By using the FV (Future value) function, the value in Stock account will be:
= ![FV(rate,nper,pmt,[pv],[type])](https://tex.z-dn.net/?f=FV%28rate%2Cnper%2Cpmt%2C%5Bpv%5D%2C%5Btype%5D%29)
= ![300,181.3321](https://tex.z-dn.net/?f=300%2C181.3321)
After 25 years,
The value throughout the account, will be:
= ![300,181.3321 + 1,125,795.30](https://tex.z-dn.net/?f=300%2C181.3321%20%2B%201%2C125%2C795.30)
= ![1,425,976.63](https://tex.z-dn.net/?f=1%2C425%2C976.63)
By using the PMT function, we can find the with drawling amount. The amount will be:
= ![PMT(rate, nper, pv, [fv], [type])](https://tex.z-dn.net/?f=PMT%28rate%2C%20nper%2C%20pv%2C%20%5Bfv%5D%2C%20%5Btype%5D%29)
= ![11,227.42](https://tex.z-dn.net/?f=11%2C227.42)
Answer:
Sustainable development
Explanation:
Sustainable development is a synthesis between neoclassical economics and enviromentalism. It aims at bringing economic development and enviromental protection togheter, arguing that both things are possible.
Because of climate change, pollution, and public pressure, sustaniable development has become a very important part in political and business culture.
Both governments and firms now try to implement sustainable methods such as recycling, protecting the forests, or using renewable energies. Sometimes these measures become mandatory by law.
Increase in the supply of coffee will result to a decrease in price of coffee, this is because there is more coffee in the market compared to the quantity demanded by the consumers. Hence, the surplus coffee in the market will make the suppliers or the sellers to lower the price so as to clear the stocks.
Answer:
The <u>gig economy</u> is a flexible market that allows you to work short-term.
Explanation:
The gig economy is a market in which temporary jobs are offered for a specific period of time. This refers to working as a freelancer taking specific activities without a job contract or working exclusively for that organization. According to this, the answer is that the gig economy is a flexible market that allows you to work short-term.