Answer:
Annual deposit= $14,789.43
Explanation:
Giving the following information:
You decide you will need to save $ 2 million by the time you are 65.
The interest rate is 5 %. The number of years until 65 is 42.
We need to use the following Final Value formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (2000000*0.05)/[(1.05^42)-1]= $14,789.43
Answer and explanation:
Proposed by Russian psychologist Ivan Pavlov (1849-1936) classical conditioning is a form of learning in which a conditioned stimulus is associated with an unconditioned stimulus to generate a response. The conditioned stimulus does not generate any response at first but after conditioning it the desired conditioned response is generated.
Thus, by using an <em>Albert Einstein</em> (1879-1955) avatar, the tutoring web attempts to make give visitors the idea that the mentoring they will receive is given by professionals with wide knowledge in their fields, something that Albert Einstein portrayed himself. That image is likely to help visitors to feel more confident about the type of mentoring they can expect from the web page.
Answer:
Milton Friedman.
Explanation:
Milton Friedman is an American economist born on the 31st of July, 1912 in New York, United States of America. Milton is a Nobel laureate for his notable work on monetary history and theory, consumption analysis and the complexity of stabilization policy.
The idea that the mission of business is to produce goods and services at a profit, thus maximizing its contribution to society is associated with Milton Friedman.
This ultimately implies that, most business firms have a mission of producing goods and services that meets the need or requirements of the consumer, as well as generating profit to the business firm.
True, integrated business choices that recognize trade-offs in a shifting business landscape often lead to positive economic outcomes because the goal of integrated business planning (IBP) is to link the planning activities of all departments within an organization in order to match operations and strategy with financial performance.
<h3>
Integrated Business Planning: What Is It?</h3>
Integrated business planning [IBP] appears to be a procedure for coordinating a company's financial, supply chain, product development, marketing, and other operational goals with those goals. Consider companies that provide cars with parts and must continually adapt their operations to account for design changes, or consider food producers who operate on razor-thin margins and must manage both erratic supply chains and volatile consumer tastes.
When there is a delay, a rival is ready to take that business. Keep customers by moving rapidly but haphazardly, but at the penalty of greater cost of goods sold (COGS) and worse profitability.
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The total life policies that are needed for this agreement is: 6.
<h3>What is cross-purchase agreement?</h3>
A cross-purchase agreement can be defined as a process that enables a business partners to buy a decease shares of a business and this process often depend on a life insurance policy.
Hence, the total life policies that are needed for this agreement will be 6 total life policies.
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