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3 years ago

8

You want to have $5 million when you retire in 40 years. you believe you can earn 9 percent per year on your investment. how muc

h must you invest each year to achieve your goal when you retire? (ignore all taxes.)

1 answer:

elena-14-01-66 [18.8K]3 years ago

5 0

You sure invest 150.00 every two weeks out of your pay check

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Lawrence Masters submitted his business plan to a potential investor, but was disappointed when he was quickly turned down. Chan

mixas84 [53]

The correct answer would be the overview. It is because in order for potential investors to accept the business plan, it is always best to provide a better and more understandable overview in which it will provide them the information they needed and as to why they should sign the contract with you or how can they accept the business plan.

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3 years ago

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Suppose that a business incurred implicit costs of $200,000 and explicit costs of $1 million in a specific year. If the firm sol

jenyasd209 [6]

Answer:

$200,000

Explanation:

Accounting profit = Total revenue - Explicit cost

Total revenue = 4000 × $300 = $1,200,000

$1.2 million - $1 million = $200,000

I hope my answer helps you

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3 years ago

Which type of account will typically have the highest interest rate?

Firdavs [7]

<u>A certificate of deposit account will have the highest interest rate. </u>

Further Explanation:

Interest rate:

The interest rate is the rate of interest earned on investment for a particular time period. Account refers to the investment of money made for a particular period. The investors invest in those account which provides the highest rate of return. If the investor gets a lower rate of return, he is not interested in investing the money.

Certificate of deposit:

A certificate of deposit is the type of account in which the investment has been made for a particular time period. It provides the highest interest rate. The investor invests in this type of account when he does not need the money immediately. He makes this type of investment for an extended period of time for different purposes. The investor makes this investment in case of long term funds needed for a particular purpose. For example, the marriage of the son or daughter, sometimes the investor may face the disease problem, purchase of land, purchase of the home, purchase of the car and many more purposes. As this investment provides a higher rate of interest, it will increase the amount of principal that the investor deposited.

Therefore, the certificate of deposit provides the highest interest rate.

Learn more:

1. Learn more about account

<u>brainly.com/question/5057443 </u>

2. Learn more about the savings account

<u>brainly.com/question/2652429 </u>

3. Learn more about bank account

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Answer details:

Grade: Middle School

Subject: Business

Chapter: Money and banking

Keywords: certificate of deposit, higher interest rate, investment, investor, provides, deposited, particular time period.

7 0

4 years ago

Did I do this finance question correctly?<br><br> (Please help asap)

katrin [286]

Answer:

kjasdhfkjsadhffjjh

Explanation:

eeeywerriwueeryy777777777777

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3 years ago

Describe the challenges and opportunities of globalization in a ""flattened"" world.

Ksju [112]

Answer:

The meaning of a 'flattened' world is that ,globalization, which can be described as inventions and various developments in the technology world , has created a level playing ground, where countries considered as small or minors are now competing with the super-power ones.

Explanation:

The major challenge of this is that , the rate competition has increased between countries that have great impacts on the resource area of businesses.

And the opportunities are that, new jobs are created or available especially in the information systems and other jobs or occupations involving services.

Finding better suppliers and at a better price has also been considered as a big benefit because now there were more places to choose from globally.

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