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Brilliant_brown [7]
3 years ago
15

You have $7,863 you want to invest for the next 34 years. You are offered an investment plan that will pay you 11.8 percent per

year for the next 9 years and 19.2 percent per year for the remaining years. How much will you have at the end of the 34 years?
Business
1 answer:
Marianna [84]3 years ago
3 0

Answer:

$1731692.97

Explanation:

FV (end of 34 years) = (7863*(1.118)^9) * (1.192)^25 = $1731692.97

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From guided notes reading of 7 skills to make mill$ :
Mkey [24]

Answer:

From guided notes reading of 7 skills to make mill$ :

This book focuses on __soft_______ skills or behavioral ___competencies________.

Explanation:

Brooks Harper's "7 Skills to make mill$" is a motivational book which urges students to perform at their best during their school  days so that they can be prepared for the work life.  In a very unique manner, Brooks hampered on the importance of the seven skills, which he described with the acronym DOLLARS.  These include Diligence (hard work pays), Organization (Be your CEO, developing your GPA as your Goal, Plan, and Action and not just Grade Point Average), and Leadership (by making a difference).  Others include Learning (replacing ignorance with education), Accountability (Your name = Your Brand; enhance or diminish it), Relationship (a warning to mind your company), and lastly Speaking (the articulation of ideas to others).  These are the keys to success in life, which must be developed during school days.

7 0
3 years ago
A person has just been awarded an income increase to offset the effects of an increase in the overall cost of living in his coun
ArbitrLikvidat [17]

The person's new salary based on the new CPI of 112 should be $30,545.

<h3>What is the consumer price index (CPI)?</h3>

The Consumer Price Index (CPI) is an aggregate measure of the average price changes over time for a market basket of consumer goods and services. The index is used by businesses, governments, and individuals to gauge the inflation trend in the economy.

Data and Calculations:

Old CPI = 110

New CPI = 112

Old salary = $30,000

New salary = $30,545 ($30,000/110 x 112)

Thus, the person's new salary based on the new CPI of 112 should be $30,545.

Learn more about the consumer price index (CPI) at brainly.com/question/24888747

8 0
2 years ago
The meaning of saving and investment Classify each of the following based on the macroeconomic definitions of saving and investm
kondor19780726 [428]

Answer:

All the options given are examples of investment.

Explanation:

Savings are what an individual has left after their spending has been deducted from their disposable income. Savings can increase income by investing the money saved. Investment is an item or asset gotten with aim of generating income. An investment simply means buying goods that are not for immediate consumption but generation of income.

All the options provided are investment examples. A certificate of deposit is given by the bank to an individual after a certain amount of money has been deposited and it generates interest. Also building a cabin , a laboratory and buying stock are investments.

3 0
3 years ago
Opponents of tax reforms intended to raise saving argue that such reforms a. favor those with high income, and that saving may n
Dafna11 [192]

Answer:

Option B                                

Explanation:

In simple words, under such tax reforms the government is intending to raise indirect taxes which will lead to higher prices of certain goods and is also declining taxes on savings. Both of these steps will work as an incentive for individuals to save more.

However a big majority of community is stating that this will only lead to more burden on the weaker section due to higher prices of commodities and will eventually result in lower standard of living for certain individuals.          

5 0
3 years ago
Russell Corporation sold a parcel of land valued at $440,000. Its basis in the land was $294,800. For the land, Russell received
WITCHER [35]

Answer:

Please see attachment

Explanation:

Please see attachment

6 0
3 years ago
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