1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olganol [36]
3 years ago
13

You wish to retire in 10 years, at which time you want to have accumulated enough money to receive an annual annuity of $13,000

for 15 years after retirement. During the period before retirement you can earn 9 percent annually, while after retirement you can earn 11 percent on your money.
Business
1 answer:
nexus9112 [7]3 years ago
3 0

Answer:

Computation of contribution to retirement fund  

Annual payment that the investor wants to receive after retirement = 13000

Number of years after retirement  = 15

Interest rate = 0.11

Value of the fund at 12th year (Use Present Value Formula)  = -93,481.30

Years remaining to retirement = 10

Interest rate = 0.09

Annual contribution upto retirement (Use PMT Formula) = -14,566.27

You might be interested in
The principal offensive strategy options include all of the following EXCEPT:A.using a cost advantage to attack competitors on t
Len [333]

Answer:

All are options for offensive strategy

Explanation:

In this question, we are trying to select an option which is not in terms with the other options as regards what principal offensive strategy should be.

Now, what the term principal offensive strategy refers to is that it is a type of corporate strategy that pushes for changes within the industry. What we are trying to say is that, the principal offensive strategy pursues an agenda that is pushing for a change within the industry.

Efforts might be concerted or individual steps might be taken. Hence, various techniques or strategies are in place to be used.

Offensive strategy types includes, an end run strategy where a company does not want competition and thus explore the part of the market with little or none.

A preemptive one which seek to conform some advantages on the company as it is the first one based on demographics

Others include: an acquisition and a direct attack strategy

3 0
3 years ago
George sees his supervisor doing a walkthrough with an OSHA inspector, and later contacts OSHA to find out what the inspection w
Whitepunk [10]
I think it would be C that’s what I think
6 0
3 years ago
azra’s position as the manager of natural nutrition gives her the ________ to make many decisions during the course of a week, i
Mama L [17]

The appointment of Azra as manager gives her <u>authority</u> to make many decisions during the course of a week

Let understand that options includes <em>accountability, authority, responsibility, delegation.</em>

<em />

Basically, the main function of an organization manager is increase the efficiency or effectiveness of their employees, processes, projects, organizations etc

However, the four basic functions of manager includes effective planning, organizing, leading, and controlling of units in the company.

Therefore, Azra’s position gives her authority to <em>make decision</em>, <em>assigns tasks</em>, <em>approve budget requests</em> and <em>market the business</em>.

Learn more about Manager function here

<em>brainly.com/question/15351742</em>

6 0
2 years ago
Give a Brief history from subsistence economy to money economy.<br> Please Help ASAP. Please
Rus_ich [418]

Answer:

Explantation to the following question is as follows;

Explanation:

A subsistence economy frequently engages in artisans fisheries, labor-intensive agriculture, and animal grazing. Handmade, basic tools and traditional procedures are used in each of these undertakings. The absence of excess is another feature of subsistence economies.

Money is an economic entity that serves as a universally accepted means of trade in a transactional economy. Money performs the function of lowering transaction costs, namely the twofold coincidence of desires.

5 0
3 years ago
4 of 50 (3 complete)
Fantom [35]

Answer:

  • <em>The slope of the demand curve at point A is   </em><u><em> </em></u><u>- $0.40/unit</u>

  • <em>The slope of the demand curve at point B is     </em><u>- $0.14/unit</u>

Explanation:

See the file attached with the figure corresponding to this question.

<em>The slope of a curve</em> at a given point is the slope of the line tangent to the curve at that point.

<em><u>Point A:</u></em>

The tangent line to the <em>demand curve at point A is</em> drawn and passes through the points (20, 34) and (45, 24).Then, the slope is:

  • slope = rise / run = ΔP / Δq = $ (34 - 24) / (20 - 45) units

  • slope = - $10 /25units = - $2/5units = - $0.40/unit.

The minus sign indicates the that price decreases when the quantity increases

<u><em>Point B:</em></u>

<em>The tangent line to the demand curve at point B</em> passes through the points (90, 12) and (140, 5).Then, the slope is:

  • slope = rise / run = ΔP / Δq = $ (12 - 5) / (90 - 140) units

  • slope = - $7 /50units = - $7/50units = - $0.14/unit.

Again, the negative sign indicates that when the number of units increase the price decreases.

3 0
3 years ago
Other questions:
  • In a market economy, a high price will usually cause
    12·1 answer
  • The price of coffee rose sharply last month, while the quantity sold remained the same. Five people suggest various explanations
    12·1 answer
  • He trial-and-error method of solving problems is also known as ______________.
    6·1 answer
  • Harper Company lends Hewell Company $13,200 on March 1, accepting a four-month, 6% interest note. Harper Company prepares financ
    9·1 answer
  • At a price of $60 per bathing suit, what is the quantity demanded of bathing suits?
    7·1 answer
  • What determines the number and prices of goods and services that will be
    10·2 answers
  • our individuals form a business and create a contract to divide the profits equally among the four. Gary invests $11,000, Neil i
    10·1 answer
  • A college raises its annual tuition by​ 25%, and its student enrollment falls by​ 3.5%. Compute the price elasticity of demand.
    10·1 answer
  • The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of compu
    5·2 answers
  • According to recent data, obese patients are less likely than nonobese patients to obtain preventive health services and exams,
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!