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kolbaska11 [484]
4 years ago
15

John is planning to go to graduate school in a program that will take three years. john wants to have available $10,000 availabl

e each year for his school and living expenses. if he earns 6% on his investments, how much must be deposited at the start of his studies for him to withdraw $10,000 a year for three years?
Business
1 answer:
GuDViN [60]4 years ago
7 0
Note: John needs to have A LOT of money to start out.

Alright, if 6% = $10,000 in the ideal situation, then we need to find the money he starts with. Do you know if this is compound interest, or simple interest?
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Answer: Respect

Explanation:

Respect is something that human beings are taught from birth. It is an attitude and way of being that someone has where they show appreciation for others. A person who has respect treats everyone equally, does not seek humiliation but good treatment.

Respect leads to good integration, where regardless of the differences that a person may have, they can live harmoniously since there is a good deal above all else. Respect allows people to live quietly, where good treatment is one of its main characteristics.

In Rudolf's case, he is a person who maintains respect. He is someone who respects the culture of others and treats everyone equally. He does not seek conflict but a healthy environment where everyone can work harmoniously and this type of behavior lead others to have a good concept and admiration for it.

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3 years ago
Help !!! It’s about how much money you will make by 65
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3 0
3 years ago
Trout farming is a perfectly competitive industry and all trout farms have the same cost curves.
Diano4ka-milaya [45]

Answer:

(i) The farm can cover its revenue using its total variable cost, therefore the farm will continue producing 200 units

(ii)  The farm cannot cover its revenue using its total variable cost, therefore the farm will shut down

(iii)  The two relevant points on supply curve will be: (Price = $12 & Quantity = 0) and (Price = $25 & Quantity = 200)

Explanation:

(i)According to given data,  When output is 200 but price is $20, this price is equal to ATC, so the farm breaks even. But since this price is higher than AVC of $15, the farm can cover its revenue using its total variable cost, therefore the farm will continue producing 200 units.

(ii) When output is 200 but price is $12, this price is equal to ATC, so the farm makes economic loss. Also, this price is lower than AVC of $15, so the farm cannot cover its revenue using its total variable cost, therefore the farm will shut down.

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4 0
4 years ago
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Answer:

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Sept, 11           Cash                                             $450  

2016         Sales                                                               $450  

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2016              ($450 x 9%)

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             (To record the material taken from Inventory)

6 0
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