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
ki77a [65]
3 years ago
9

Joshua needed money for some unexpected expenses, so he borrowed $5,355.26 from a friend and agreed to repay the loan in seven e

qual installments of $1,100 at the end of each year. The agreement is offering an implied interest rate of _________
Joshuaâs friend, Willie, has hired a financial planner for advice on retirement. Considering Willieâs current expenses and expected future lifestyle changes, the financial planner has stated that once Willie crosses a threshold of $1,387,311 in savings, he will have enough money for retirement. Willie has nothing saved for his retirement yet, so he plans to start depositing $25,000 in a retirement fund at a fixed rate of 6.00% at the end of each year. It will take____________for Willie to reach his retirement goal.
Business
1 answer:
konstantin123 [22]3 years ago
8 0

Answer:

10%

25.14 years

Explanation:

A financial calculator can be used to solve these problems

PMT = $-1,100

PV = $5,355.26

FV = 0

N = 7

Compute I = 10%

PMT = $-25,000

FV =  $1,387,311

I = 6%

PV = 0

Compute N = 25.14 years

You might be interested in
One bag of oranges is sold for $6.00 to a company that turns them into juice which is sold to consumers for $12.00. Another bag
Sedaia [141]

Answer:

19 is added to the gdp

Explanation:

6 (bag of oranges) + 6(bag of oranges) + (12-6)(juice) + (7-6)(bag of oranges) = 19 is added to the gdp

In this case I'm using the income approach to calculate GDP, which includes the income earned by wages to labor (not present), rent by land (you may say that the original bag of oranges), the return on capital (interest, not present),and  entrepreneur’s profits (juice and grocery store)

6 0
3 years ago
What are the functions of middle level management​
elena-14-01-66 [18.8K]

Answer:

  • Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.

  • Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.

<h2>Hope this helps you !! </h2>

8 0
2 years ago
A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they
ziro4ka [17]

A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.

<h3>What is  marketing intermediaries?</h3>

Marketing intermediaries can be defined as the people that acts as a link between a manufacturer and consumer.

This Marketing Intermediaries perform important functions as they assist companies or organization to market and sell their product and to as well distribute products from the manufacturer to  end user.

Therefore a reason why marketing intermediaries such as transport companies and wholesalers have survived is that they :Add enough value to products to outweigh the added costs.

Learn more about  Marketing intermediaries here:brainly.com/question/25339343

#SPJ1

4 0
2 years ago
In the B2B market, General Motors Company, Anheuser-Busch, and Kraft all purchase raw materials from their upstream suppliers, m
lapo4ka [179]

Answer:

Producers.

Explanation:

B2B (business-to-business) is a marketing strategy that deals with meeting the needs of other businesses, by selling products or services to the organizations for resale to other consumers, used in production of goods or for the operation of an organisation.

In terms of business customers, these three companies are all examples of producers in the B2B market because they all purchase raw materials from their upstream suppliers, subsequently, they make and then sell their own finished products to the end users or consumers.

5 0
3 years ago
Mad Hatter Enterprises purchased new equipment for $373,000, terms f.o.b. shipping point. Other costs connected with the purchas
Wewaii [24]

Answer: $332,540

Explanation: find attached my solution in the document below.

NB : note that the Insurance after equipment placed in service and Insurance for the first year of operations was not added because these are to be termed expenses to be deducted in the P & L account.

6 0
3 years ago
Other questions:
  • 60 tens is the same as
    10·1 answer
  • The standards of conduct are issued by the __________ and supplemented by the ____________.
    12·1 answer
  • Malko Enterprises’ bonds currently sell for $1,050. They have a 6-year maturity, an annual coupon of $75, and a par value of $1,
    12·1 answer
  • Select all that apply.
    14·1 answer
  • The global capital market limits the opportunity for businesses and individuals to build a diverse financial portfolio.
    15·1 answer
  • PLEASE HELP ASAP! Will give BRAINLIEST! Please answer correctly!<br> No guessing!
    6·2 answers
  • QUESTION 5 of 10: Preparing a budget is:
    9·1 answer
  • On June 13, the board of directors of Siewert Inc. declared a 2-for-1 stock split on its 60 million, $1 par, common shares, to b
    15·1 answer
  • Lifetime goals are the vision that you have of how you want to live, work, play, and thrive during your entire life, rather than
    5·2 answers
  • Abburi Company's manufacturing overhead is 40% of its total conversion costs. It direct laboris $63,600 and if direct materials
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!