After the introductory period, all consumers who have this Platinum Card will...

Suppose a 40-year-old person deposits $12 comma 00012,000 per year in an Individual Retirement Account until age 65. Find the

tatiyna

Answer: interest earned = $8942372340

$8942672340 this is amount after 25 years.

Explanation:

formula used: S= R*[ (1+i )ⁿ-1 / i ]

where:

S is future value

R is periodic payment

i is interest rate period

n is number of periods

R= $3000

n= 65-40=25 now 25*4=100 QUARTERLY that is why we used 4

i = 55% which is equal to 0.55

so, for quarterly i= 0.55/4= 0.138

now putting them in formula given above

S= 3000*[ (1+0.138)¹⁰⁰-1] / 0.138

S= $8942672340 (future value )

total money deposited = number of period * periodic amount

= $3000*100 = $300,000

interest earned = future value - total money deposited

= 8942672340 - 300,000

interest earned = $8942372340

8 0

2 years ago

Harris Brown, the marketing manager at a small retail chain, wants to assess his firm's strengths, opportunities, weaknesses, an

evablogger [386]

Answer:

SWOT analysis.

Explanation:

SWOT analysis is also called the SWOT matrix and is strategic planning used by organisations to identify strengths weaknesses, opportunity, and threats while carrying out business in a competitive environment.

SWOT analysis is designed in such a way that it is most effective at the preliminary stage of planning a business strategy.

It is primarily used to set organisation objectives and to identify internal and external factors that will influence the set objectives.

3 0

3 years ago

Dear Mr. Trujillo: Subject: To all employees We’ve instituted a new process for requesting vacation time. Here’s how it will wor

ankoles [38]

Answer:

The answer is False.

Explanation:

The qualities of effective communication are:

Completeness. Effective communications are complete, i.e. the receiver gets all the information he needs to process the message and take action. If the information is complete there is no need to see HR for any questions.
Conciseness: The communication was fairly concise. Conciseness is about keeping your message to a point.
Consideration: Effective communication takes into account the receiver’s background and points of view. There was no compliments at the beginning of the message. Second, the message assumed on point 2 that people will know what to do with the Tab for Requests.
Concreteness: Concreteness mitigates the risk of misunderstanding, fosters trust and encourages constructive criticism.
Courtesy: The tone of the email lacked courtesy.
Clearness: Clear communications build on exact terminology and concrete words, to reduce ambiguities and confusion in the communication process.
Correctness: Correct grammar and syntax vouch for increased effectiveness and credibility of your message. Formal errors might affect the clarity of your message, trigger ambiguity and raise doubts. The email opens up with an address to Dear Mr. Trujillo when it is supposed to go to all staff.

Cheers!

8 0

3 years ago

During 2019, half of the treasury stock was resold for $180,000; net income was $510,000; cash dividends declared were $1,320,00

Sliva [168]

Answer:

$5,790,000 using opening balance assumption which was not provided in the question

Explanation:

Shareholders Equity 2019= Opening Shareholders Equity + Resold Treasury Stock + Net income - Cash Dividends Paid

Here

Resold Treasury Stock is $180,000

Net income $510,000

Cash Dividends Paid $1,320,000

Opening Shareholders Equity is missing so we assume the following remainder part as I didn't find the remainder part anywhere:

As of Dec. 31, 2018, Warner Corporation reported the following: Dividends payable- 20,000; treasury stock- 600,000; paid-in capital-share repurchase- 20,000; other paid-in capital accounts- 4,000,000; retained earnings- 3,000,000.

So

Opening Shareholder Equity = Opening paid-in capital accounts + Retained earnings - Treasury Stock + Paid in Capital share repurchases

Opening Shareholder Equity = $4,000,000 + $3,000,000 - $600,000 + 20,000 = $6,420,000

By putting values, we have:

Shareholders Equity = $6,420,000 + $180,000 + $510,000 - $1,320,000

Shareholders Equity = $5790,000

4 0

3 years ago

An important cloud design philosophy that defines all interactions among computing devices as services in a formal standardized

Fynjy0 [20]

An important cloud design philosophy that defines all interactions among computing devices as services in a formal standardized way is termed the Service Oriented Architecture or abbreviated as SOA. It is also a style of software design in which services are provided to the other components by application components, through a communication protocol over a network.

3 0

3 years ago