Answer:
toxic tort
Explanation:
A toxic tort is a lawful case for damage brought about by introduction to a hazardous substance -, for example, a pharmaceutical medication, pesticide, or compound. While developments in innovation, assembling, and prescription have brought a huge number of new items into our everyday lives, a portion of those items - and the substances they contain - can cause genuine diseases in people.
Answer:
Answer:
1. The development of a mentee's resume
2. Improving of a mentee's presentation skills
Explanation:
Answer:
Steven will need a capital of $1,061,342.10
Explanation:
Annual Savings
= $80,000*0.8
= $64,000.00
Period
= 68 - 43
= 25
Future Value of annual savings
= FV
= $64000*(1 + 0.03)^25
= $134,001.79
Future Value of social security
= FV
= $26000*(1 + 0.03)^25
= $54,438.23
Annual Investment required at age of 68
= $134,001.79 - $54,438.23
= $79,563.56
Present value of a number of cash flows over his retirement years,
Inflation Adjusted Rate
= (1.08/1.03) - 1
= 4.85%
Period
= 90 - 68
= 22
Capital Required
= PV(4.85%,22,-79563.56)
= $1,061,342.10
Therefore, Steven will need a capital of $1,061,342.10
Answer:
Present Value= $180,000
Explanation:
Giving the following information:
The bequest will provide $9,000 in the first year and will grow by 5% per year, forever.
Interest rate= 10%
To calculate the present value of this perpetual annuity with a growing rate, we need to use the following formula:
PV= Cf/ (i-g)
Cf= cash flow= 9,000
i= 0.10
g= 0.5
PV= 9,000/ (0.10 - 0.05)= $180,000
