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andreev551 [17]
4 years ago
14

Suppose you put $800 per month into a Roth IRA, that pays 8% APR (compounded monthly). Assume you have nothing saved today, calc

ulate the future value of the retirement account 30 years from today. (Enter a positive value and round to 2 decimals)
Business
2 answers:
Olegator [25]4 years ago
7 0

Answer:

Future Value = $1,192,287.56

Explanation:

<em>The future value is the expected total sum that an investment is suppose to accumulate together with interest over a period of time at a particular interest rate.</em>

Where compounding is done done monthly, he future value is determined as follows:

FV = PV ×( (1+r)^n -1 )/ r

FV - Future Value , PV - present value  r- monthly rate of interest ,  n- number of months

FV - ?  

r- 8%/12 = 0.66%

n - 30× 12 =

PV - 800

FV = 800 × ( (1.00666)^(360) - 1 )/ 00666

    = 800 ×  1490.359449

    =  $1,192,287.56

mestny [16]4 years ago
3 0

Answer:

$1192288

Explanation:

See attached file

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Sliva [168]

Explanation:

Some brands that use selective or exclusive channels are some of the best positioned brands in the market, such as: Adidas, Mercedes, Gucci, Apple, etc.

The selection of channels influences the consumer's perception of the brand, and directly impacts the creation of the brand value for the customer.

The strategic management of the distribution channels of these brands is carried out according to the concept of the marketing mix, which can be defined as the set of marketing elements that will generate the purchase desire in the consumer. This concept is based on the 4 marketing P's: product, price, place and promotion.

The selective or exclusive channels of distribution of brands fit into the square element of the marketing mix, which is configured as a strategy for placing the brand on the market, responsible for the way in which its products reach the final consumer. Therefore, the most effective distribution channels should be considered to define the type of ideal point of sale so that the potential customer can find the product.

To add real value, the company must strategically align the objectives of the distribution channels and the objectives of the organization, as the selection of the distribution channel will in fact play a decisive role in the conception of the brand's value and success in the market.

8 0
3 years ago
Demand for movie rentals is highly elastic. What will happen if a video store raises the price of a rental?
adelina 88 [10]

Answer:

It will lose revenue

Explanation:

An elastic demand (which are found in goods or services that have substitutes) moves proportionally to price changes.

It means that, if the price of the good rise, then the demand will diminish. The opposite works the same, if the price reduces, then the demand will grow.

On the other hand, elasticity refers to the impact of the prices on the demand of the goods and there are key factors that influence this relation:

  • Necessity of the good (or product)
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5 0
4 years ago
Read 2 more answers
Suppose Eric would like to use $2,000 of his savings to make a financial investment. One way of making a financial investment is
frutty [35]

Answer: Equity

A claim to partial ownership

The bondholders

Explanation:

1. Suppose RoboTroid, a robotics firm, is selling stocks to raise money for a new lab—a practice known as _EQUITY___ finance.

-Equity financing is the process by which companies raise money/capital by the sale of shares in order to pay Thier bills, fund a project, or invest in Thier growth.

2.)Buying a share of RoboTroid stock would give Eric , A CLAIM TO PARTIAL OWNERSHIP_____ in the firm

When people like Eric buy shares in a company to help the company raise money for its project , then such individual can hold a claim of partial ownership to the firm.

3.In the event that RoboTroid runs into financial difficulty,BOND HOLDERS will be paid first.

Bndholders are given top priority over stockholders in case of financial difficulty or asset liquidation.

7 0
4 years ago
The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is considering the purchase of ambu
babunello [35]

Answer:

Explanation:

A) using 2-year moving average :

Year 6 : (3800 + 3700) = 7500 / 2 = 3750

2) Mean absolute deviation based on the forecast above :

(3000 + 4000) = 7000/2 = 3500

(4000 + 3400) = 7400/2 = 3700

(3400 + 3800) = 7200/2 = 3600

3000

4000

3400 __3500__100

3800__3700__100

3700__3600__100

Mean absolute deviation = (100 + 100 + 100) /3 = 300/3 = 100

C) weight of 0.4 and 0.6

(0.4*3000 + 0.6*4000) = 3600

(0.4*4000 + 0.6*3400) = 3640

(0.4*3400 + 0.6*3800) = 3640

3000

4000

3400 __3600__200

3800__3640__160

3700__3640__60

(200 + 160 + 60) = 420 / 3 = 140

5 0
4 years ago
Stryder, Inc. has 3 million shares outstanding at a current price of $15 per share. The book value of the shares is $10 per shar
frosja888 [35]

Answer:

Market value of firm= $75,300,000

Explanation:

When a company issues shares, it exchanges it's equity for capital that is required to run its business. The outstanding shares of a company are the number of shares that the company has given out to shareholders.

Value of shares is used to estimate the companie's value.

To get the market value of the firm we use the following formula.

Market value of firm= market value of liabilities + market value of equities.

Market value of firm= (30,000,000* 1.01)+ (3,000,000* 15)

Market value of firm= 30,300,000+ 45,000,000

Market value of firm= $75,300,000

5 0
4 years ago
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