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Sidana [21]
3 years ago
12

Your job pays you only once a year for all the work you did over the previous 12 months. Today, December 31, you just received y

our salary of $65,000 and you plan to spend all of it. However, you want to start saving for retirement beginning next year. You have decided that one year from today you will begin depositing 9 percent of your annual salary in an account that will earn 10.5 percent per year. Your salary will increase at 2 percent per year throughout your career. How much money will you have on the date of your retirement 35 years from today?
Business
1 answer:
bulgar [2K]3 years ago
6 0

Answer:

$2,171,762

Explanation:

since there is not enough room here I used an excel spreadsheet

Download pdf
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Haley requires that all applicants take a paper-and-pencil test with logic and math problems on it. Haley is giving her applican
sladkih [1.3K]

Answer:

Cognitive ability test

Explanation:

Cognitive ability test is a test that assesses an individual’s level of thinking and ability to process information and solve problems. It could cover areas like verbal ability, special, processing-speed ability, problem solving, perception, logic and reasoning, mathematical ability. A cognitive ability test aims to ascertain the capacity of an individual to solve work-related problems.

5 0
3 years ago
A entry to a liability account decreases the account balance
alexira [117]

Answer:

Asset accounts. A debit increases the balance and a credit decreases the balance. Liability accounts. A debit decreases the balance and a credit increases the balance.

Explanation:

6 0
3 years ago
Suppose the United States maintains a price floor for spinach. This policy might decrease revenues for spinach farmers if the: m
soldi70 [24.7K]

Answer:

Demand for spinach is elastic.

Explanation:

The price floor, which is maintained by the United States, is the minimum price for selling the goods. This price is set above the equilibrium price, which results in excess supply while demand for the same goods remains constant.

Since the prices for spinach cannot be set lower than the price floor and the policy is decreasing the revenue output for spinach farmers then this probably means that the prices are set too high which has decreased the demand for spinach. This means that the demand for spinach is elastic.

4 0
3 years ago
What are the important long-term issues relevant for managing capacity, revenue, and customer satisfaction for southwest airline
ale4655 [162]

Some long-time period problems applicable for dealing with ability, revenue, and patron satisfaction for Southwest airways includes right usage of the corporation’s fleet of airplanes.

This is a applicable difficulty as it directly influences capability, sales, and customer pride if planes are not being properly applied. For example, all three of these factors will lower if half of Southwest’s fleet became grounded and flights had to be cancelled, or all three factors could growth if the whole fleet turned into being utilized to its fullest extent. Some other lengthy-term issue this is relevant to these three factors is turnaround time at Southwest gates, due to the fact as we found out, as low as a sixty second postpone can create a decrease in capability, sales and patron delight.

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7 0
1 year ago
A company regularly purchases cleaning supplies from a vendor and orders relatively consistent amounts of the same products on e
zvonat [6]

Answer: Straight Rebuy

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1. New Task

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3 years ago
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