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Zielflug [23.3K]
3 years ago
13

Robert and Linda Williams plan to invest $11,000 a year in an educational IRA for their granddaughter, Sloane Martin. They will

make these deposits on January 2nd of each year. Robert and Linda feel they can safely earn 6%. How much will be in this account on December 31 of the 18th year?
Business
1 answer:
dusya [7]3 years ago
6 0

Answer:

FV= $339,962.18

Explanation:

Giving the following information:

Annual investment (A)= $11,000

Number of periods (n)= 18 years

Interest rate (i)= 6%

<u>To calculate the future value (FV) after 18 years, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {11,000*[(1.06^18) - 1]} / 0.06

FV= $339,962.18

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What is new marketing ?
Talja [164]

Answer:

New media marketing centers on promoting brands and selling products and services through established and emerging online channels, harnessing these elements of new media to engage potential and current customers.

Explanation:

7 0
4 years ago
You manage a project with 10 activities. Activities A1, A3, A5, A9 form the critical path. As you have a large budget for the pr
Genrish500 [490]

Answer:

A bad idea, as A2 is not on the critical path.

Explanation:

Critical path is a path which is the shortest path of doing the activity.

When an activity is in critical path, then there is a benefit of crashing it. Or if it is not the part of critical path then the benefit is to crash the activity and then apply the spare resources in some activity which is a part of critical path.

Thus, crashing A2 which is not a part of critical path and then not deploying the resources on to the activities of critical path will not provide for any benefit.

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4 years ago
When reporting errors or unauthorized transactions, it is appropriate to notify your bank?
slamgirl [31]
Answer:  "YES" .
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<em> </em>(In addition to notifying others, if applicable).
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8 0
3 years ago
Over a long period of time Sears has slipped from being America's largest retailer to struggling for survival in recent years. W
Kaylis [27]

Answer:

I think Sears need to stop diversifying its product too much and focus on improving internal human resources.

Explanation:

The largest expense that Sears made occurred during their effort to add more female customers to shop at their place.

Sears was known for  its DieHard, Craftsman and Kenmore brands that attract mostly male customers to their stores. They started “The Softer Side of Sears”  which focused on adding more products for female customers.

But, in the process of doing so, Sears neglected their already successful male products department with a lot of employees who sacrifice a lot of their time and effort into making Sears as big as it is.

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4 0
4 years ago
Suppose Russia's inflation rate is L OO percent over one year but the inflation rate in Switzerland is only 5 percent. According
MatroZZZ [7]

Answer:

the franc would appreciate by 95% against ruble or in other words,exchange rate of franc ruble would depreciate 95% given 100% inflation in russia and 5% in switzerland

Explanation:

Give that

Inflation rate in russia = 100%

And inflation rate in switzerland = 5%

The difference in inflation = 100% - 5%

= 95%

The ppp says ruby would depreciate by 95% against the franc

So under purchasing power parity, exchange rate of franc /ruble would depreciate 95% given 100% inflation in russia and 5% in switzerland.

Or we say franc appreciates by 95% against ruble

3 0
3 years ago
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