Answer:
$ 358,063
Explanation:
Calculation for the amount that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires.
Ruby's IRA worth when she retires at age of 65
First step
Using this formula to find how many years until Ruby retires
Time period= Retired age (-) current age
Let plug in the formula
65-25=40 years
Second step is to find the future value of IRA when she retires
Using this formula
Future value of IRA when she retires
= Present value(1+r)t
Let plug in the formula
$ 11,400 (1+0.09) ^40
=$11,400 (1.09) ^40
=$ 11,400 (31.409)
= $ 358,063
Therefore the amout that Ruby's IRA will be worth when she needs to start withdrawing money from it when she retires will be $358,063
Answer:
B) inelastic; one less slave
Explanation:
Since in the question it is given that the supply curve in the Sudanese slave trade should be perfectly inelastic and every slave purchased by redeemers that determines that it should be one less slave held in captivity
Therefore in the given case it should be inelastic and one less slave
hence, the correct option is B
Also inelastic means less than one
Answer:C
Explanation:
Discretionary fiscal policy is less effective than is implied by the early Keynesian view
To help monitor your Business even you're out of the country doing Business meeting or some family vacation.
Answer:
D. All of the above.
Explanation:
D. All of the above.
Because
A. the regulatory body keeps a check and maintains a balance in setting the standards for the proper functioning of the organization . If it does not use the financial statements how would it know about the proper working or the rules followed or the errors / flaws/ mishandling of the companies. So it uses financial statements.
B. Investors and Creditors
Investors and Creditors usually invest or get services rendered so their prefer using the financial statement for better understanding and their obligations, limitations and consultations.
C. Individuals such as accountants , employees, etc may also use financial statements for their better understanding and daily tasks or performances and follow the same set of standards . . For example if the company uses matching principle the new accountant hired must also use matching principle.