1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lerok [7]
3 years ago
14

Nancy would like to double the money in her retirement account in five years. According to the rule of 70, what rate of interest

would she need to earn to attain her objective?
Business
1 answer:
frutty [35]3 years ago
5 0

Answer:

70/annual percentage

70/5=14

Explanation:

You might be interested in
How can the military support your career goals
Setler [38]

Answer:

you can get money to further your education, also engage in stem activities.

Explanation:

4 0
3 years ago
Janes, Inc., is considering the purchase of a machine that would cost $410,000 and would last for 5 years, at the end of which,
ki77a [65]

Answer:

- $33,678.21

Explanation:

Cash flow Summary of the Project will be as follows

Year 0 = $410,000 + $3,000 = - $413,000

Year 1 = $101,000

Year 2 = $101,000

Year 3 = $101,000

Year 4 = $101,000

Year 5 = $101,000 + $41,000 + 3,000 =  $145,000

So the Net Present Value can now be calculated using the CFj function of a Financial calculator as follows :

- $413,000 CF 0

  $101,000 CF 1

  $101,000 CF 2

  $101,000 CF 3

  $101,000 CF 4

 $145,000 CF 5

i/yr = 13%

Shift NPV = - $33,678.21

5 0
3 years ago
Giả sử anh/chị đang chuẩn bị thành lập một doanh nghiệp kinh doanh về một/hoặc một số sản phẩm trong một lĩnh vực. Hãy xây dựng
Fofino [41]

Pls type in english... Question not understandable

3 0
3 years ago
A nonprofit agency sets up a website to channel investments from all over the globe into microloans to support local farms, arti
ziro4ka [17]

Answer: Under the given circumstances , the following would be a positive externality for the global environment:<em><u> </u></em><u><em>Fewer people move from rural to urban areas, reducing urban sprawl.</em></u>

Urban sprawl can lead to several negative externalities such as : pollution, exploitation of natural resources at an exponential rate, unemployment etc.

Therefore, if fewer people move from rural to urban areas, this will reduce urban sprawl and further every other negative externality associated with it.

<u><em>The correct option is (A)</em></u>  

3 0
3 years ago
Labor costs are 30% of sales. Other operating costs are $38,000 per month (including $10,000 of depreciation). Both of these are
Alina [70]

$14,000 rupees will be disbursed totally in march.            

<u>Explanation</u>:

  • The operating cost is $38,000 per month. This is including depreciation. So cash pending on March 1 is $8,000.
  • At the end of March month, the cash balance of $6000 is required. So a total of $14,000 is required at the end of the month. Including the labor costs, he wants to pay $14,000.
  • He can borrow money in multiples of $1000. For emergencies, this money can be borrowed. So $14,000 should be dispersed in the month of March.                        
3 0
3 years ago
Other questions:
  • The two most widely used methods for determining the cost of inventory are
    11·1 answer
  • Your uncle is considering investing in a new company that will produce high quality stereo speakers. The sales price would be se
    6·1 answer
  • How is time like money? I have to write 3 paragraphs over how time is like money.
    9·1 answer
  • A company's beta (from the CAPM) is affected by its capital structure. a. True b. False
    14·1 answer
  • Regarding resource typing, which of the following characteristics are typically use to categorize resources?
    13·2 answers
  • Gulf Coast Tours currently has a weighted average cost of capital of 12.4 percent based on a combination of debt and equity fina
    7·1 answer
  • Which of the following is a case of brand cannibalization?
    5·1 answer
  • What is the yearly salary and hourly wage for a novel author? it's for a project. ​
    14·1 answer
  • How do banks make profits?
    11·2 answers
  • TRUE/FALSE. Boycotting means that workers walk away from their jobs and refuse to return until a labor-management dispute has be
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!