A job search should be treated like a full time job. Please select the best answer from the choices provided

You are saving for retirement. To live comfortably, you decide you will need to save $ 4 million by the time you are 65. Today

olasank [31]

Answer: $50,846.3701

Explanation:

Need to save $4 million to live comfortably,

Interest rate, r = 3%

N = 40 years

$Present\ value=\frac{FV_{N} }{(1+i)^{N}}$

$Present\ value=\frac{4,000,000 }{(1+0.03)^{40}}$

$Present\ value=\frac{4,000,000 }{3.262}$

= 1,226,241.57

$Present\ value\ of\ annuity= C\times\frac{1}{i}\times(1-\frac{1}{(1+i)^{N}}) + C$

$1,226,241.57= C\times\frac{1}{0.03}\times(1-\frac{1}{(1.03)^{40}})+C$

$1,226,241.57=C[\frac{1}{0.03}\times(1-0.3065)+1]$

$1,226,241.57=24.1166\times C$

$C=\frac{1,226,241.57}{24.1166}$

= $50,846.3701

Hence, $50,846.3701 will be the annual payment to have $4 million in the account on 65th birthday.

7 0

2 years ago

Jessica does not believe that the methods and processes for determining salary increases in her company are fair. As per this ex

krok68 [10]

Answer:

Procedural justice

Explanation:

Procedural justice is centered on the idea that there should be fairness in the process used in making decision or resolving disputes in a transparent way without being impartial, to ensure the process brings out the right outcomes.

Jessica believes that there’s a problem with the firm’s procedural justice as she believes her firm’s process and methods in determining increase in her salary is not fair enough.

8 0

3 years ago

Which options are available in Layout view? Check all that apply.

ss7ja [257]

Answer:

Resize Objects and Relocate Objects

Explanation:

I did it :)))))

8 0

3 years ago

Product, price, promotion, and place make up the __________.

vivado [14]

Answer:

d. Marketing Mix

Explanation:

Target Market is the group of people with specific problem and seeking a solution and ready to spend on it.

Market Segment is dividing a market into sub sets of consumers, businesses or countries who have common needs.

Market Position is organizing for a product by clear minds of target customer relative to competing products.

Marketing Mix is the combination of four P's: Product, Price, Promotion and Place.

8 0

2 years ago

Suppose that the nominal exchange rate is .80 euro per dollar, that the price of a basket of goods in the U.S. is $500 and the p

galben [10]

Answer:

You want to learn about the Ferris–wheel riding habits of people, so you ask those leaving a theme park, “How many times did you ride the Ferris wheel today?”

Is the question a statistical question? Explain why or why not.

Explanation:

7 0

3 years ago