OK THE COMARE IS THAT YOU DONT KNOW AND THE REST IS NOTHING
The question is incomplete. The complete question is :
You want to be able to withdraw the specified amount periodically from a payout annuity with the given terms. Find how much the account needs to hold to make this possible. Round your answer to the nearest dollar.
Regular withdrawal $ 2200
Interest rate 2%
Frequency Monthly
Time 20 years
Solution :
Given :
Monthly withdrawal = $ 2200
Interest rate = 2%
Frequency = monthly
Time = 20 years
= 20 x 12 = 240 months
Formula used :
![$w=\frac{[PZ^{r-1}(Z-1)]}{[Z^Y-1]}$](https://tex.z-dn.net/?f=%24w%3D%5Cfrac%7B%5BPZ%5E%7Br-1%7D%28Z-1%29%5D%7D%7B%5BZ%5EY-1%5D%7D%24)
with Z = 1 + r
where, w = monthly withdrawal
P = principal amount
r = monthly interest rate
Y = Number of months
So, w = 2200
r = 2% = 0.02
Z = 1 + r
= 1 + 0.02 = 1.02
Y = 240
Therefore,
= 111,231829
≈ 111,232 (rounding off)
Thus, the account balance = $ 111,232
Answer:
The correct answer is option (b) Little capital
Explanation:
Solution
With a little capital this will help Lily to choose a sole proprietorship organization for her business. a sole proprietorship can begin with a little capital.
The option (a) is not correct as possession of a partner will not lead her to start a sole proprietorship business.
Also the option (c) is not correct the avoidance of personal liability is not the reason because in sole proprietorship, Lily will be liable for her debts.
Answer:
correct answer is Sadvertising
Explanation:
these type of advertiser is said to be Sadvertising because it is that type of advertising by which advertiser creator is use some certain type of strategy by which they play on peoples emotion and feeling of sadness.
nowadays emotional advertising become popular in the recent year,
many firms work for creating strong emotional ties about their product
they think ad. with emotional reaction is viewed more likely to be shared
so here the correct answer is Sadvertising
