Answer:
$147,425
Explanation:
Step 1: If a student saves $5 a day for a year, she then has
$5 × 365 days = $1,825
N.b: 365 days makes a year
Step 2: If she invests the yearly savings in a brokerage account that has an expected return of 8%, at the end of a year she would have
$1,825 + (8% of $1,825) at the end of the year.
solving the above, we have
$1,825 + (0.8 × $1,825)
$1,825 + $1,460 = $3,285
At the end of every year after investment, she has $3,285
Step 3: At te age of 65(which is 45 years later; i.e 65years - 20years), she would have saved up
$3,285 × 45 years = $147, 825
At the age of 65, she would have saved up $147,825.
You can use electronic spreadsheets<span> at home to make a calendar, in an office you can use it to graph the revenue the company is making.</span>
In short, Starbucks's success can be attributed to its marketing, the environment of its establishments, and its social popularity. Starbucks has managed to present itself as an honest, morally decent, and trendy coffee house that appeals primarily to a millennial audience. Regarding their locations, Starbucks franchises offer an upscale, urban feel that is not offered by many other coffee chains. Another reason is Starbucks embracing social progress and pop culture in their advertising and business design and practices. Finally, the ingredients used in Starbucks coffee are often marketed as premium and upscale, which falls into the advertising used to convince consumers that their product is worth more, even though that objectively, their product is comparable to products that cost significantly less. In short, it is not so much the product that is being paid for, but the name and social stigma/popularity around it, and this is why people do not hesitate to pay more for Starbucks's product.
<span>Ratio Schedule of Reinforcement
A set NUMBER OF RESPONSES is required for reinforcement. If the ratio is 3 responses, reinforce the 3rd response. Ratio=Response</span>
Answer: Option D
Explanation: In simple words, normal cash flows refers to those cash flows which have one initial investment at the beginning followed by a stream of inflows while in case of non normal cash flows the stream keeps changing from inflows to outflows.
Normal cash flows have only one IRR as there can only be single rate at which NPV will be zero while in case of Non normal there are two IRR due to uneven stream.
Thus, we can conclude that the correct option is D.
