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sergey [27]
3 years ago
14

You would like to retire in 30 years. The expected rate of inflation is 2% per year. You currently have a standard of living tha

t requires $7940 of monthly expenses. Assuming you want to maintain the same standard of living in retirement, what are your monthly expenses expected to be the first year of retirement
Business
1 answer:
Zepler [3.9K]3 years ago
3 0

Answer:

You would need $14,382.21 to maintain your purchasing power.

Explanation:

Giving the following information:

You would like to retire in 30 years. The expected rate of inflation is 2% per year. You currently have a standard of living that requires $7940 of monthly expenses.

<u>The inflation rate has the same intrinsic behavior as an investment with a compounded interest rate.</u>

<u></u>

We need to use the following formula:

FV= PV*(1+i)^n

FV= 7,940*(1.02^30)

FV= $14,382.21

You would need $14,382.21 to maintain your purchasing power.

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The following information pertains to Marsh Company. Assume that all balance sheet amounts represent average balance figures.Tot
andre [41]

Answer:

b) 20%

Explanation:

Stockholder's equity  

Net Income $ 25,000

Common Dividends -$ 5,000

Preferred Dividends -$ 6,000

TOTAL $ 14,000

Common Dividends

-$ 5.000 / $ 25.000  = 20%

Net Income

Dividend per share $0,63 / (Earning per Share) $3,13 =  20%  

Dividend per share $0,63  ==> Common Div. ($5,000) / 8.000 (Q. Common)

Earning per share $3,13  ==> Net Income ($25,000) / 8.000 (Q. Common)

3 0
3 years ago
A number of top fashion-modeling agencies would most likely be charged with ________ for jointly determining what commissions th
ololo11 [35]

Answer:

The answer is Price fixing.

Explanation:

number of top fashion-modeling agencies would most likely be charged with Price fixing for jointly determining what commissions they charge for models.

7 0
1 year ago
A company in which your client owns stock is about to make a rights offering. The client informs you that he does not plan on su
Trava [24]

Answer:

decrease

Explanation:

According to my research on different investment terminology, I can say that based on the information provided within the question you would tell the client that his proportionate ownership interest in the company would decrease. This is because if other people buy shares of the company the overall amount of shares sold increases and your percentage owned goes decreasing as more people buy.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
2 years ago
Although they represent a relatively small proportion of new companies, most venture capital and a substantial proportion of job
Lina20 [59]

Although they represent a relatively small proportion of new companies, most venture capital and a substantial proportion of job creation can be attributed to: <u>innovation-driven enterprise.</u>

<h3>What is job creation?</h3>

Job creation can be defined as the way making job available or creating job which inturn lead to employment opportunities for those that are unemployed.

Hence, most venture capital and a substantial proportion of job creation can be attributed to innovation-driven enterprise based on the fact that   innovation-driven enterprise help to  introduce people to new innovations.

Learn more about job creation here:brainly.com/question/22909624

#SPJ1

5 0
1 year ago
Help!!
Marat540 [252]

Answer:

Unethical behavior?

Explanation:

Ethics and morals are similar but aren't the same, but that's the closest answer I can give. Ethical decisions are made to get the best possible outcome. Which choice will lead to the best outcome? So whether or not it is a moral decision it is made to ensure the best result. To do the, "wrong thing" or to "lack morals" would most be compared to unethical behavior.

I hope this helped ^^

6 0
3 years ago
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