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Firlakuza [10]
3 years ago
5

Your sister just deposited $14,000 into an investment account. She believes that she will earn an annual return of 10.5 percent

for the next 9 years. You believe that you will only be able to earn an annual return of 9.8 percent over the same period. How much more must you deposit today in order to have the same amount as your sister in 9 years
Business
1 answer:
Ilia_Sergeevich [38]3 years ago
3 0

Answer:

You must deposit $14,824.07

Explanation:

Giving the following information:

Sister:

Investment= $14,000

Interest rate= 10.5%

Number of years= 9

You:

Investment=?

Interest rate= 9.8%

Number of years= 9

First, we need to calculate the future value of your sister:

FV= PV*(1+i)^n

FV= 14,000*(1.105^9)= $34,386.55

Now, we can determine your deposit:

PV= FV/(1+i)^n

PV= 34,386.55/ (1.098^9)= $14,824.07

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There are so many types of real estate agents that even agents sometimes confuse themselves. Some agents add titles after their names to help them stand out in a crowd. They might be associates, real estate consultants, salespersons, or REALTORs®, but they're all licensed to sell real estate.

Real estate brokers can work as agents but agents can't work as brokers, at least not without a broker's license. Agents who give real estate advice must have a real estate license.

hope this helps!

4 0
3 years ago
2. Individuals, businesses, and governments make economic decisions by considering two important
pantera1 [17]

The two important factors individuals, businesses, and governments must consider when making economic decisions are external resources and internal choices.

<h3>What are economic decisions?</h3>

Economic decisions are value-driven decisions in a world of limited resources or scarcity and unlimited wants.

To make effective economic decisions, choices must favor the decision-maker.  Making choices involves taking into account many variables to help to reach effective conclusions.

Economic decisions for limited resources focus on:

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For example, an individual seeks employment to earn money to satisfy their needs.

Thus, the two important factors when making economic decisions are external resources and internal choices.

Learn more about making economic decisions at brainly.com/question/5136048

7 0
2 years ago
you are the coordinator of a nonprofit that distributes donated items to three local homeless shelters. what is the most efficie
andrey2020 [161]

The option that represents a planned approach and which best represent a market approach is A. Offer each shelter a virtual budget and have them bid on different items.

<h3>How to explain market approach?</h3>

By taking into account the market values of similar assets or enterprises that have previously sold or are still available, the market approach is a method of valuation used to establish the appraisal value of a business, intangible asset, ownership interest, or security. Typically, price-related indicators are used, such as sales, book values, and price-to-earnings ratios.

It should be noted that in order to achieve an allocation whereby every shelter gets items as per their need, the approach that must be taken is that there should bean offer to each shelter a virtual budget and have them bid on different items.

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y

You are the coordinator of a nonprofit that distributes donated items to three local homeless shelters. what is the most efficient way to allocate your supplies to meet demand at different locations? which of these best represent a planned approach and which best represent a market approach?

Offer each shelter a virtual budget.

Send all the donations to the shelter.

Divide the donations evenly among the three shelters.

Ask shelters to submit their request

6 0
1 year ago
Drew is in charge of writing a report for his company that talks about the quality and safety of his company's products, busines
ira [324]

Answer: Compliance review

Explanation: A compliance review can be defined as an audit done with the objective to assess whether the company is following the regulatory guidelines. In such a review the auditor tries to determine if the items that being examined complies with the set standards.

In the given case, Drew is  writing the report to spread the information that they are following all the guidelines related to safety and quality.

Thus, from the above we can conclude that the correct option is C.

7 0
3 years ago
Bruno Fruscalzo decided to start a small production facility in Sydney to sell gelato to the local restaurants. His local milk s
Sholpan [36]

Answer:

A. 4500kgs

B. 15.4orders

(c)

The order size should be the economic order quantity which is computed as:

Q = (2.d.K / h)1/2 = sqrt(2*9000*20 / 0.03) = 3464.1 kg

(d)

If Q = 3000 kg,

Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/3000)*20 + (3000/2)*0.03*12 = $1,260

(e)

If Q = EOQ = 3464.1 kg

Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/3464.1)*20 + (3464.1/2)*0.03*12 = $1,247.1

(f)

If Q = 6,500 kg,

Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/6500)*20 + (6500/2)*0.03*12 = $1,502.3

(g)

If Q = 20,000 kg,

Total cost of ordering + carrying = (12d/Q) * K + (Q/2) *12h = (12*9000/20,000)*20 + (20,000/2)*0.03*12 = $3,708

So, per kg cost = 3708 / (9000*12) = $0.034

Explanation:

4 0
4 years ago
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