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Nezavi [6.7K]
3 years ago
12

You want to be able to withdraw $800 from a savings account at the end of year 1, $900 at the end of year 2, $1,000 at the end o

f year 3, and so on over a total of 5 years. How much money must be on deposit right now, at the end of year 0, to just deplete the account after the 5 withdrawals if interest is 5% compounded annually
Business
1 answer:
Verdich [7]3 years ago
8 0
That answer is $1300
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The ability of one country to produce a good or service more efficiently than another is called a(n) _____.
dsp73

Answer:

absolute advantage

Explanation:

the answer is absolute advantage know the explanation for it .

5 0
2 years ago
At a computer-consulting firm, the number of new clients that they have obtained each month has ranged from 0 to 6. the number o
Rudiy27

Answer:

3.05

Explanation:

The computer consulting firm is analyzing the performance of its company based on new clients each month. The data is given for six months and the probability distribution for number of new clients per month that the company has gained. The probability sum equals to 1 for the six months. The variance distribution is the squared value of each the difference by the mean. values of probability are squared and then their sum is taken to calculate variance deviation.

4 0
3 years ago
A bank has an interest rate spread of 150 basis points on $30 million in earning assets funded by interest-bearing liabilities.
Burka [1]

Answer:

new pretax net interest income =  $300,000

Explanation:

given data

interest rate spread = 150 basis points

interest bearing liabilities = $30 million

to find out

bank's new pretax net interest income will be

solution

we will get bank's new pretax net interest income that  will be express as

new pretax net interest income = $30 million × ( 1.5 % - 0.5 % )  ...............1

solve it and we get

new pretax net interest income = $30 million × ( 1.5 % - 0.5 % )

new pretax net interest income =  $30,000,000 × ( 1 % )

new pretax net interest income =  $300,000

7 0
3 years ago
Bob is a project manager, and he is feeling pressure because of an impending deadline. he views time as a valuable resource and
Elena-2011 [213]

I believe the answer is: task-oriented listening

Listeners who prefers task-oriented listening tend to only pay attention if the communicators speak about something that relevant to the goals that they want to achieve. This type of listeners tend to be more effective in a situation when there is a limited time to finish a certain project, like bob.

5 0
4 years ago
The dividend growth model can be used to value the stock of firms that pay which type of dividends?I. Constant annual dividendII
Fed [463]

Answer:

II and III only

Explanation:

Since the Zero dividend is not possible in most of the scenarios.

The dividend growth model can be used to value the stock of firms that pay Annual dividend with a constant increasing rate of growth and the Annual dividend with a constant decreasing rate of growth.

8 0
3 years ago
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