Answer:
Annual deposit= $4,169.59754
Explanation:
Giving the following information:
Donald Martin is 30 years and wants to retire when he is 65.
PV= 6,450 + 4,300= $10,750
i= 0.0854
Number of years= 35
First, we need to calculate the final value of the initial investment:
FV= PV*(1+i)^n
FV= 10,750*(1.0854^35)
FV= 189,257.05
Now, we can calculate the annual deposit required. We need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
FV= 1,000,000 - 189,257.05= 810,742.95
A= (810,742.95*0.0854) / [(1.0854^35)-1]
A= $4,169.59754
Answer:
speech is often delivered to an audience
Explanation:
I know for a fact that as human beings we all may think alike, and with this though process some of us may feel as if we are stuck in one place some might even say lost. As humans we also have a tendency to adapt and change, an effective result can be by clearing our minds while building our bodies. Exceeding just for 1 week can have a huge impact on our bodies and mindset by feeling more energetic, feeling more comfortable/confident and and having a better sense of direction on where we are in life.
The most frequently reported relational maintenance strategy is OPENNESS IN COMMUNICATION.
Relational maintenance strategies refers to the methods used by individuals to keep their relationships with other people alive. There are different types of relational maintenance strategy, these include: assurance, positivity, openness, sharing tasks and activities and social network.
Answer:
b.used to evaluate a company's liquidity and short-term debt paying ability.
Explanation:
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.
The current ratio is sometimes referred to as the “working capital” ratio and helps investors understand more about a company’s ability to cover its short-term debt with its current assets.
A company with a current ratio less than one does not, in many cases, have the capital on hand to meet its short-term obligations if they were all due at once, while a current ratio greater than one indicates the company has the financial resources to remain solvent in the short-term.
Answer:
The correct answer is option D.
Explanation:
Adhira is purchasing two goods, chocolates and almonds.
She buys 3 bars of chocolates and 4 bags of almonds.
The marginal utility from the last bar of chocolate is 18.
The marginal utility from the last bag of almonds is also 18.
In order to maximize utility, the ratio of marginal utility and price for both the goods should be equal.
As we do not know the price of the two goods or Adhira's income we cannot find if the utility is being maximized or not.
