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AlexFokin [52]
3 years ago
8

You want to have $1 million in your savings account when you retire. You plan on investing a single lump sum today to fund this

goal. You are planning on investing in an account which will pay 7.5 percent annual interest. Which of the following will reduce the amount that you must deposit today if you are to have your desired $1 million on the day you retire? I. Invest in a different account paying a higher rate of interest. II. Invest in a different account paying a lower rate of interest. III. Retire later. IV. Retire sooner.
Business
1 answer:
Karo-lina-s [1.5K]3 years ago
7 0

Answer:bruh

Explanation:

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inysia [295]

Answer:

Option B is Correct.

Explanation:

Serving the bottom of the pyramid means carrying in goods that are inexpensive by that class of the budget where individuals cannot afford luxuries like several advanced countries. They cannot afford high charges and would exploration for something affordable. Among the given examples Radical computer corp. which definite to build reasonable computers and install wireless arrangement to assist the humblest in getting these amenities which they generally cannot afford serves as an example of attending the bottom of the pyramid. Hence the answer is B

4 0
3 years ago
Assume that you contribute $300 per month to a retirement plan for 25 years. Then you are able to increase the contribution to $
dmitriy555 [2]

Answer:

Total FV= $2,555,406.98

Explanation:

Giving the following information:

Investment 1:

Monthly deposit= $300

Number of months= 12*45= 540

Interest rate= 0.09/21= 0.0075

Investment 2:

Monthly deposit= $500

Number of months= 12*20= 240

Interest rate= 0.09/21= 0.0075

To calculate the future value, we need to use the following formula on each investment. <u>I separated into two to simplify calculations.</u>

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

<u>Investment 1:</u>

FV= {300*[(1.0075^540) - 1]} / 0.0075

FV= $2,221,463.54

<u>Investment 2:</u>

FV= {500*[(1.0075^240) - 1]} / 0.0075

FV= $333,943.44

Total FV= $2,555,406.98

7 0
3 years ago
V
Dafna1 [17]

ANSWER: The correct answer is (d)-  To serve as an introduction.

Explanation: Executive summary  is a brief overview or introduction of the entire plan. It highlights the main points of the marketing plan to the company or business. Mostly people in the authority are occupied to deeply go through the plan so executive summary provides a basic understanding or overview or idea. It provides the summary of objectives and a proposed framework for growth potential.

8 0
3 years ago
A situation in which each firm chooses the best strategy given the strategies chosen by other firms is called a.
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Answer:

A Nash equilibrium results when every firm in an industry chooses a strategy that is optimal given the strategies chosen by its competitors.

4 0
1 year ago
Which of the following is an advantage of flexible manufacturing technologies? They have reduced the importance of technological
Georgia [21]

Answer:

They have increased the importance of production economies of scale.

Explanation:

Flexible production allows the manufacture of different types of products in the same industrial production line. This makes companies lower costs by avoiding tool change, time savings, and industry structure.

This type of economy fits into the description of economies of scale. Economies of scale are those where the increase in production results in a decrease in the average cost of the product. Increasing production - by including more products on the production line - without a proportional increase in the factory's installed capacity leads to a reduction in the average cost of production, ie it is an economy of scale.

4 0
3 years ago
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