Answer:
It will make annual deposits for $ 4,056.202
Explanation:
His goal is a future value of 1,000,000 in 35 years.
we will deduct from this the future value of his other investment:
<u>IRA</u>
Principal 6,960.00
time 35.00
rate 0.08300
Amount 113,397.95
<u>Market account</u>
Principal 4,310.00
time 35.00
rate 0.05250
Amount 25,837.53
<u>Proceeds required from the fund:</u>
1,000,000 - 113,397.95 - 25,837.53 = 860,764.52
Now we calculate the PMT:
PV $860,764.52
time 34 years
(we must notice it will beging this investment next year, so at 31 years old)
rate 0.0934
C $ 4,056.202
Answer:
The correct answer is letter "B": 180.
Explanation:
During the first year a business operates, companies can elect to deduct up to $5,000 from their costs. If the costs are higher than $50,000, the deduction of $5,000 will be reduced by the exceeding amount. However, that exceeding amount can be amortized for up to 15 years (180 months).
<span>The anser is(B):
Statistics is the science of​ collecting, organizing,​ summarizing, and analyzing information to draw a conclusion and answer questions. in​ addition, statistics is about providing a measure of confidence in any conclusions.
The first step in statics involves collection of the relevant information (data) that is required. This can be from the primary (first hand) source or from secondary source (information already collected and available from other sources)
The second step involves organization and analysis of the collected information or data
Then the last step is where the analyzed data is interpreted and presented in a form which one can be able to draw confident conclusions from it.</span>
Which of the following is an example of irregular income?
A. A full-time job
B. A part-time job
C. A graduation gift
D. Both b and c
The answer is C
Answer: B: a degree
Trade Associations provide all of the following a degree.
Explanation:
Trade Associations refer to a group of people in a particular business or trade, who come together to promote their common interests. They are established to set laws and provide great knowledge to companies within the industry. Members operate in the same industry. They are non-profit organizations who provide different learning tools for businesses in a particular industry. They are also known as trade organization.
