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Delicious77 [7]
3 years ago
6

Today, you turn 23. your birthday wish is that you will be a millionaire by your 40th birthday. in an attempt to reach this goal

, you decide to save $50 a day, every day, until you turn 40. you open an investment account and deposit your first $50 today. what rate of return must you earn to achieve your goal?
Business
1 answer:
Degger [83]3 years ago
4 0

dude thats easy all u have to do is multiply 40 and 50


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U.S. cola companies entered the global market because of:
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C. limited growth opportunities in their domestic market.

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U.S. cola companies entered the global market because of limited growth opportunities in their domestic market.

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you have decided to sublet your apartment. your tenant has agreed to pay $150 per month starting today (with payments made at th
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Answer:

PV= $1,173.44

Explanation:

Giving the following information:

your tenant has agreed to pay $150 per month. There are eight months left on the lease, the appropriate interest rate is 6%, compounded monthly.

<u>To calculate the net present value, first, we need to calculate the final value and then use the present value formula.</u>

FV= {A*[(1+i)^n-1]}/i

A= annual pay= 150

i=0.06/12= 0.005

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FV= {140[(1.005^8)-1]}/0.005= 1,221.21

Now, we calculate the present value:

PV= FV/(1+i)^n

PV= 1,221.21/1.005^8= $1,173.44

4 0
3 years ago
Define a strong dollar?
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Answer:

A strong dollar occurs when the U.S. dollar has risen to a level against another currency that is near historically high exchange rates for the other currency relative to the dollar.

Explanation:

3 0
3 years ago
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How does the decline of industry contribute to budget deficits?
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Answer:

The decline of industry decreases aggregate supply, but it also decreases aggregate demand, i.e. fewer workers = lower demand for goods and services. Since the government receives money form taxing both industries and households, if both industries' and households' income decreases, the government will receive less tax revenue. Less revenue results in higher deficit.

Explanation:

8 0
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Monica should First examine Brian's feet and toenails.

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Monica, after the examination should advice Brian to get a new pair of shoes in order to inhibit fungal growth. If Brian do not do this, he will likely get a tinea pedis later. After the advice, Monica should massage Brian's feet. Below are the steps Monica should follow:

=> Examine the feet and toenails.

=> Give advice and Massage.

=> Deep the feet into cool water for some minutes .

4 0
3 years ago
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