Based on the amount that Jim deposited and the interest paid per year on the account, withdrawing in two equal amounts would require an amount of <u>$530 per year. </u>
<h3>How much should Jim withdraw per year?</h3><h3 />
Assuming the amount that can be withdrawn is x, the relevant formula would be:
(1,040 - x) x 104 = 100x
Solving for x gives:
108,160 - 104x = 100x
108,160 = 100x + 104x
108,160 = 204x
x = 108,160 / 204
= $530
Find out more on future value at brainly.com/question/16180669.
Answer:
para po, pag gipit Tayo meron tayong makukuha na saving
Explanation:
sana po makatulong po Ito at pa ki brain less din po
All of the following are the actors that exists in the information systems except the sales force.
<h3>What is meant by environmental actors?</h3>
The environmental actors are the people or the forces that would have the roles that they have to play in the business. They are the ones that have to act as the business actors in the demand and supply and other forms of distribution in an economy.
The actors are the players that are in the business that they organization and the business are going to interact with. These are the people such as the customers, the suppliers, the shareholder, the competitors and other forces. The action of the environmental actors keeps businesses alive and are of crucial importance to any economy.
Hence we can say that All of the following are the actors that exists in the information systems except the sales force.
Read more on environmental actors here: brainly.com/question/8199939
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The safeway display and sell product groupings are in this
manner because of the fact that products should be grouped in order for the
people to relate them in a more meaningful and understandable manner whenever
they go grocery shopping or go shopping.
Answer:
Explanation:
first of all we need to identify required rate of return
as per the given date in the question we can apply Capita asset pricing model to identify the Ke that is cost of equity.
We have
Ke = Rf+(Rm-Rf)*beta
Ke=2%+(7%-2%)*1.39
Ke=2%+(5%)*1.39
Ke=2%+6.95
Ke=8.95
Now we need to identify the share price after five year with same return
Share price = 862*(1+8.95%)^5
Share price after five year = 1323.255