Answer:
Instructions are listed below
Explanation:
Giving the following information:
Ms. Langley is 30 years old and has begun a retirement plan that permits her to place monthly amounts of $400 into a retirement vehicle, beginning one month from now, for 30 consecutive years.
When Ms. Langley reaches her retirement at age 60, she expects to live for 25 more years. The interest rate is 6%.
First, we need to calculate the amount of money that she will have at age 60, using the following formula.
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= 400
n= 30*12= 360
i= 0.06/12= 0.005
FV= {400[(1.005^360)-1]}/0.005= $401,806.02
Months= 25years*12= 300 months
Monthly= 401,806.02/300= $1,339.35
A bill in <span>the House of Representatives may only be introduced by a representative.
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Answer:
She will be required to use the BIOS/UEFI to check the memory slots available and how much memory on the slots have been used up.
Explanation:
The reason why she'd be asked to perform the above task of checking which slots are avalable is so as to determine how much memeory will be bought to add to the existing one ad so as to be able to determine the price of the needed memory.
cheers.
Answer:
2129 futures contracts to be sold
Explanation:
Asset worth = $310 million
Asset duration = 12 years
liabilities = $248 million
Liabilities duration = 5 years
T-bond futures contracts = 104-20 (30nds)
% of assets = 310 / 248 =
<u>Determine how many futures contracts Village Bank will sell to fully hedge the balance </u>
Number of Contracts = -[Assets * (Asset Duration – (Liabilities Duration * % of Assets) / (Duration * Contract Value)]
= - [ 310 * ( 12 - ( 5 * (310/248)) / ( 8 * ( 104 + ( 20/30)) ]
= - [ 310 * ( 12 - 6.25 ) / ( 8 * 104.6667 ) ]
= - [ 310 * 5.75 / 837.3336 ]
= - 2.12878 * 1000
= 2128.78 ≈ 2129 ( number of futures contracts to be sold )
Answer:
8,100 hours
Explanation:
The computation of standard hours is shown below:-
Total standard hours allowed = (Field models × Field models hours) + (professional binoculars × Professional binoculars hours)
= (950 × 3) + (1,050 × 5)
= 2,850 + 5,250
= 8,100 hours
Therefore for computing the total standard hours allowed we simply applied the above formula.