Answer: Peter and Blair need to save 4,105.10 USD per year for 35 years until retirement. Peter and Blair actually need 88,241 USD in retirement income to meet all of their objectives.Current amount they have = 64,000 USD Time period of Retirement = 35 yearsAdditional Years = 26 yearsInflation rate = 4%Rate of return = 9% So, we have all of that data to solve the problem. Then let's do it. Our first step is to calculate the real rate of return by incorporating the inflation rate into it. Note: we have been given rate of return not the real rate of return.Real Rate of Return = ( 1 + ROR given)/(1+ inflation rate) - 1Real Rate of Return = ( 1+ 0.09)/(1 + 0.04) -1Real Rate of Return = 0.048 x 100 = 4.80% So, the real rate of retunr is = 4.80%Now, let's find out the what is the additional fund required in total:Additional funds required = Required - AvailableAdditional funds required = 88,241 - 64,000Additional funds required = 24,241 USDNow, we have to calculate the Present value of this additional funds required for the time period of 26 years. Present value can be calculated by using the finance calculator online. You have to put these data into the calculator to calculate the present value of the money. PMT = 24241Interest Rate (I/Y) = 4.80Number of Periods (N) = 26 yearsBy plugging in these numbers, you will the present value of 24,241 USD:Present Value = 355,770.28 USDNow, we have to calculate the amount of money Peter and Blair need to save every year till their retirement after 35 years.For that, I have used that finance calculator this time solving for PMT. You need to put following data into the calculator:Future Value = 355,770.28Number of periods(N) = 35 yearsInterest Rate (I/Y) = 4.80%Annual Payment (PMT) = 4105.10 USD It means Peter and Blair need to save 4,105.10 USD per year for 35 years until retirement.
Explanation:
The reason Henry Gantt suggested this was to<u> </u><u>motivate supervisors </u><u>to help their </u><u>employees </u><u>with </u><u>training</u><u>.</u>
<h3>Views of Henry Gantt</h3>
- Believed that giving a bonus to supervisors with a high number of performing workers would improve business.
- Believed that this would inspire the supervisors to train their employees better.
Henry Gantt believed in monetary compensation as a means of motivation in the workplace. He believed that this action would spur supervisors on to train their employees to be better.
Find out more on Henry Gantt at brainly.com/question/5588106.
Answer: The correct answer is "a. the dollar will depreciate and the peso will appreciate.".
Explanation: If the inflation rate in the United States rises relative to the inflation rate in Mexico, it follows that the dollar will depreciate and the peso will appreciate.
As inflation in the United States is higher, the dollar is affected by a loss of purchasing power, therefore it depreciates with respect to the Mexican peso.
Answer:
Option (D) is correct.
Explanation:
It was given that video game is a normal good. We know that there is a positive relationship between the demand for a normal good and income of the consumer, hence, if there is an increase in the income level of the consumer then as a result the demand for a normal good increases which shifts the demand curve for normal good rightwards.
Therefore, this will lead to increase both equilibrium price and equilibrium quantity in the market for video games.