I would say either C or D definitely one of those. Probably C. Please forgive me if I am wrong!
Answer:
$11,098.94
Explanation:
first we must calculate the future value of the 7 year annuity:
FV of an annuity = p x {[(1 + r)ⁿ - 1] / r}
- p = $13,100
- r = 17.18%
- n = 7
FV of an annuity = $13,100 x {(1.1718⁷ - 1) / 0.1718} = $13,100 x 11.8377 = $155,073.56
since he wants to have $176,000, he needs $20,926.44 more in 7 years (= $176,000 - $155,073.56)
X = FV / (1 + r)ⁿ
- future value =
- n = 4 years
- r = 17.18%
X = $20,926.44 / 1.1718⁴ = $11,098.94
Answer:
The answer is b. Drive theory
Explanation:
Drive refers to increased arousal and internal motivation to reach a particular goal.
A high-quality bond is typically considered a lower-risk investment than
a stock because a bond typically pays a fixed, predictable amount of
interest each year.
Otzti,kg,xtoxcy c hcztixig,l,ifizt c ydoxpydyoypzoyd u soyypxoxyosszldy c lyfli upxosyflui puy 's