Answer:
E. $2,688.77
Explanation:
We need to calculate the PMT of an ordinary annuity at 6%
PV 402,000
time:
85 years - 62 years = 23 years of retirement
23 years x 12 months per year = 276 months
rate: 6% annual rate we must divide over 12 months to convert into monthly: 0.06/12 = 0.005
C $ 2,688.766
<em>She can withdraw 2,688.76 per month</em>
Answer:
C) encounter
Explanation:
The socialization process is the process of learning to be a part of society and individual learning by understanding social norms, values, and expectations of the society to be a productive member of society.
Encounter stage of socialization is the stage at which individuals enter the corporate for the first time and realized how well expectations is matching the reality within the corporate culture. It is the time to control the emotion and learn to be part of organization.
You want to look up the appropriate dietary reference intakes values for a client. The characteristic that is not needed to determine this value is the client's level of physical activity. Dietary reference intakes are the general word for a set of position values used to design and evaluate nutrient consumption of healthy people. These values which differ by age and gender comprises suggested dietary allowance or RDA which is the average daily level of intake sufficient to encounter the nutrient desires of approximately all 97%-98% healthy people. In addition to nutrition and health, food labels must state the contents of sodium nutrients stated as a percentage of the daily values.
Answer:
Explanation:
NPV is today's value of expected cash flows - today's value of invested cash.
Therefore, we need to identify current worth of cash flows by doing this:
47000/(1+0.06) +57500/(1+0.06)^2 + 82500/(1+0.06)^3 = 44339.6+51174.8+69268.6 = 164783
To find NPV we subtract investment amount from 164783. So, 164783 - 124000 = 40783. This is an NPV of first project x1
Now, we do the same calculations for project x2:
93000/(1+0.06) +83000/(1+0.06)^2 +73000/(1+0.06)^3 = 87736+73870+61292= 222898
222898 - 208000(investments) = 14898
Now let's calculate profitability index:
PI = Present value of future cash flows/ initial investment
PI for project x1 = 164783/124000 = 1.33
PI for project x2 = 222898/208000 = 1.071
From our calculations of NPV and Profitability Index we can see that project x1 should be chosen because it has higher NPV and profitability index
Brown’s Year 2 net pension plan cost is- $239,000
Pension Cost = Service Cost + Interest Cost + Prior Service Cost + Prior Loss - Actual Return
= $105,000 + $190,000 + $122,000 + $37,000 - $215,000
= $239,000.
A retirement plan is an employee benefit plan established or maintained by an employer and/or an employee organization.
A pension plan is a type of retirement plan that provides monthly income after retirement. Employers are obliged to contribute to the pool of funds invested for the benefit of their employees. As an employee, you can also pay part of your wages to the plan. Not all companies offer these plans.
Learn more about pension plan at
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