The formula is
A=p (1+r)^t
A future value 500000
P present value. ?
R interest rate 0.06
T time 11 years
Solve the formula for p by dividing both sides by (1+r)^t to get
P=A/(1+r)^t
P=500,000÷(1+0.06)^(11)
P=263,393.76
he should deposit 263393.76 now to attain 500000
Hope it helps!
Answer:
Heinz sells ketchup and other sauces and condiments. Their demand is relatively stable and doesn't change that much year after year. The demand for their products is not that seriously affected by economic recessions or expansions.
On the other hand, Sony is a consumer electronics company and the demand for their products can vary drastically from one year to another. It depends on trends and innovations, and their total sales are affected by disposable income (expansions increase disposable income while recessions decrease it).
FedEx is also affected severely by economic recessions or expansions. Since FedEx ships and transports goods, when the economy is booming, FedEx is doing excellent. But if the economy starts to cool down or enters a recession, the amount of goods transported falls.
Can u put more than 1 answers?
If so, Federal student loans and the federal work-study program
Your A) SAVINGS should furnish enough money to live on, in an emergency, for six months.
Savings should at minimum be equivalent to the amount you spend for your basic needs for a month. Multiply it for 6 months because in case you are unemployed, you will still be able to meet your needs for six months. Giving you time to recoup and find other employment.
IRA is Individual Retirement Account - This is intended for your retirement.
Investments are usually bonds or securities which may take quite some time before it can be liquidated.
Answer:
Kindly check explanation
Explanation:
Given the data:
140 82 265 168 90 114 172 230 142 86 125 235 212 171 149 156 162 118 139 149 132 105 162 126 216 195 127 161 135 172 220 229 129 87 128 126
175 127 149 126 121 118 172 126
70 - 104
105 - 139
140 - 174
175 - 209
210 - 244
245 - 279
B.) Using a class interval of 30; with lower limit of 80;
Class interval ___frequency __R/frequency
80 - 110 ________ 5 ________ 11.4
111 - 141 ________ 17 ________38.6
142 - 172 _______13 ________29.5
173 - 203 ______ 2 _________0.05
204 - 234 ______5 _________11.4
235 - 265 ______2 _________0.05
From the frequency table above, we can observe that the initial amount a beginner expends on supplies is largely between $111 to $172 ; with 38.6% of the collected samples spending between $111 and $141 and 29.5% spending between $142 and $172.
